DG Khan Cement profits increase 20%

Post-tax profit of DG Khan Cement, one of the leading cement producers in Pakistan, in July-December 2015 increased 20% on-year from PKR 3.39 billion (€28.84 million/US$32.46 million) to PKR 4.08 billion. Net profit of the company in October-December 2015 increased 5.35% from PKR 2.24 billion to PKR 2.36 billion. Revenue of the company during the quarter increased 8% on-year to PKR 7.39 billion. The company says it it will deploy the Oracle Enterprise Resource Planning (ERP) Cloud for improving its gr
February 17, 2016 Read time: 1 min

Post-tax profit of 8008 DG Khan Cement, one of the leading cement producers in Pakistan, in July-December 2015 increased 20% on-year from PKR 3.39 billion (€28.84 million/US$32.46 million) to PKR 4.08 billion.

Net profit of the company in October-December 2015 increased 5.35% from PKR 2.24 billion to PKR 2.36 billion. Revenue of the company during the quarter increased 8% on-year to PKR 7.39 billion.

The company says it it will deploy the Oracle Enterprise Resource Planning (ERP) Cloud for improving its growth strategy and expansion in Pakistan.

The cloud deployment will help it modernise its financials, procure-to-pay and order-to-cash processes, while reducing IT costs.

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