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News Fauji Cement's sales and profit rise in first half of 2023 financial year

Fauji Cement's sales and profit rise in first half of 2023 financial year

Written by Global Cement staff 27 February 2023
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Pakistan: Fauji Cement recorded sales of US$406m during the first half of its 2023 financial year, up by 33% year-on-year from US$306m in the first half of the 2022 financial year. The producer's profit was US$61.3m, up by 34% from US$45.7m. During the half, the company's selling and distribution expenses fell by 1.4%, its administrative expenses rose by 8% and its other expenses rose by 12%.

Last modified on 01 March 2023
Published in Global Cement News
Tagged under
  • Pakistan
  • Fauji Cement
  • Results
  • costs
  • growth
  • GCW597
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