Profit after tax of Fauji Cement Company increases to Rs 425.661 million

Karachi: The profit after tax of Fauji Cement Company Limited has increased to Rs 425.661 million in the year ended June 30, 2011 (FY11) as compared to Rs 250.179 million earned in FY10. The company’s earning per share (basic) increased to Re 0.52 in the period under review against Re 0.31 in the same period last year while earning per share (diluted) increased to Re 0.34 against Re 0.30.

According to the financial results sent to Karachi Stock Exchange, the company’s sales increased to Rs 5.788 billion in FY11 against Rs 4.902 billion in FY10. The company paid Rs 1.045 billion as government levies in this period against Rs 1.093 billion paid in the same account last year. The company’s cost of sales increased to Rs 3.919 billion against Rs 3.292 billion. The company’s profit before taxation increased to Rs 488.153 million in FY11 against Rs 324.911 million in FY10.

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