Pakistan’s Bestway Cement pre-tax profit up 37%

In the half year from July to December 2015, profit before tax of Pakistan’s Bestway Cement increased 37% to PKR 7.6 billion (€65.21 million US$72.59 million) from PKR 5.60 billion in the same period of 2014. Its consolidated profit after tax also grew 47% to PKR 5.7 billion from PKR 3.9 billion, and consolidated net turnover rose 45.5% to PKR 21.10 billion from PKR 14.50 billion. Meanwhile, consolidated domestic sales volume grew to 3.1 million tonnes, up 47% from 2.1 million tonnes, with dispatches

Quarry Products / February 23, 2016

In the half year from July to December 2015, profit before tax of Pakistan’s 7957 Bestway Cement increased 37% to PKR 7.6 billion (€65.21 million US$72.59 million) from PKR 5.60 billion in the same period of 2014.

Its consolidated profit after tax also grew 47% to PKR 5.7 billion from PKR 3.9 billion, and consolidated net turnover rose 45.5% to PKR 21.10 billion from PKR 14.50 billion.

Meanwhile, consolidated domestic sales volume grew to 3.1 million tonnes, up 47% from 2.1 million tonnes, with dispatches growing by 6.3% from 17.1 million tonnes to 18.2 million tonnes.

Exports, however, dropped 26% to 3 million tonnes from 4.1 million tonnes in the period under review.

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Bestway Cement