In the 2015 financial year, the net earnings of Pakistan-based Fauji Cement Company (FCCL) rose by 56.7% year-on-year to PKR 4.10 billion (€35.29 million/US$39.46 million) from PKR 2.6 billion due to a decline in finance costs and higher margins.
The revenues of the firm also rose 6.3% year-on-year to PKR 18.6 billion from PKR 17.5 billion.
The cement maker is a subsidiary of Fauji Group.
September 2, 2015
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In the 2015 financial year, the net earnings of Pakistan-based Fauji Cement Company (FCCL) rose by 56.7% year-on-year to PKR 4.10 billion (€35.29 million/US$39.46 million) from PKR 2.6 billion due to a decline in finance costs and higher margins.
The revenues of the firm also rose 6.3% year-on-year to PKR 18.6 billion from PKR 17.5 billion.
The cement maker is a subsidiary of Fauji Group.