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News Thatta Cement’s profit falls on input costs and negative currency effects

Thatta Cement’s profit falls on input costs and negative currency effects

Written by Global Cement staff 01 October 2019
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Pakistan: Thatta Cement has blamed a fall in profit on rising input costs and negative currency effects. Its profit dropped by 40% year-on-year to US$1.36m in the financial year to 30 June 2019 from US$2.27m in the same period in 2018. Sales and distribution costs more than tripled to US$1.4m. Its net sales grew by 22% to US$22m from US$18m. Total cement and clinker despatches increased by 34% to 0.56Mt from 0.42Mt.

Last modified on 02 October 2019
Published in Global Cement News
Tagged under
  • Pakistan
  • Thatta
  • Results
  • GCW425
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