Coal prices drag on profits at Fecto Cement

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Pakistan: Rising coal prices have reduced the profit at Fecto Cement in the half-year to 31 December 2018. Its profit after tax nearly halved to US$0.75m from US$1.63m. Its net turnover rose slightly to US$17.8m. Local cement sales volumes dropped by 9% to 0.32Mt from 0.35Mt and exports declined by 33% to 29,500t from 44,300t.

URL: https://www.globalcement.com/news/item/8864-coal-prices-drag-on-profits-at-fecto-cement

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