RECORDER REPORT

KARACHI: The profit after tax of DG Khan Cement stood at Rs 7.975 billion in the year ended June 30, 2017 (FY-17) as compared to Rs 8.789 billion earned in FY-16.

The company’s earning per share stood at Rs 18.20 in the period under review against Rs 20.06 in the same period a year back.

The board of directors of the company in its meeting held on Tuesday at Lahore recommended final cash dividend at Rs 7.50 per share i.e. 75 percent. According to financial results sent to Pakistan Stock Exchange, the company’s sales increased to Rs 30.136 billion in FY-17 as compared to Rs 29.703 billion in FY-16 while cost of sales increased to Rs 18.291 billion against Rs 17.035 billion.

The company’s profit before taxation stood at Rs 11.158 billion in FY-17 against Rs 12.480 billion in FY-16.