Lucky Cement reports 8.5% increase in its net profit in the first half of 2015

Print this page

Pakistan: Lucky Cement Limited has reported a considerable rise in its net profit for the first six months of its 2015 financial year, which ended on 31 December 2014.

It net profit rose to US$54.9m, some 8.54% higher than in the same period of its 2014 financial year. Lucky Cement's gross profits increased by 9.03% during the period and its net sales revenue improved by 9.37% to US$210m, up from US$192m in its 2014 financial year.

Lucky Cement's local sales volume grew by 9.20% year-on-year to 2.02Mt, compared to 1.85Mt in the same period of its 2014 financial year. Its export sales volume grew by 2.24% to 1.23Mt compared to 1.21Mt in the same six months of its 2014 financial year. Lucky Cement maintained its market share at 19%. During the period, its combined sales revenue increased by 9.37%, which was mainly contributed to by increased sales volumes.

Last modified on 25 February 2015

Register for the Global Cement Weekly email newsletter

Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.

Register >

URL: https://www.globalcement.com/news/item/3346-lucky-cement-reports-8-5-increase-in-its-net-profit-in-the-first-half-of-2015

© 2024 Pro Global Media Ltd. All rights reserved.