JK Cement’s first-half sales fall as profit rises

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India: JK Cement recorded sales of US$339m in the first half of the 2021 financial year, down by 3% from US$348m in the first half of the 2020 financial year. Profit after tax for the period rose by 15% to US$40.6m from US$35.4m, partly due to a 5% decrease in total expenses to US$285m from US$301.

In comments about the coronavirus pandemic the group said, “With gradual resumption of overall economic activities, operations have started moving towards normalcy."

Last modified on 11 November 2020

URL: https://www.globalcement.com/news/item/11583-jk-cement-s-first-half-sales-fall-as-profit-rises

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