Kohat Cement Company Limited Approves Interim Cash Dividend for the Second Quarter Ended December 31, 2015; Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2015
The company reported unaudited earnings results for the second quarter and six months ended December 31, 2015. For the six months, sales- net were PKR 7,058,011,067 compared to PKR 5,906,023,973 a year ago. Operating profit was PKR 2,992,092,662 compared to PKR 1,922,307,776 a year ago. Profit before taxation was PKR 2,973,342,127 compared to PKR 1,880,290,831 a year ago. Profit after taxation was PKR 2,101,421,042 compared to PKR 1,365,786,520 a year ago.
Earnings per basic and diluted share were PKR 13.60 compared to PKR 8.84 a year ago.
For the quarter, sales- net were PKR 3,815,793,184 compared to PKR 2,980,934,380 a year ago. Operating profit was PKR 1,614,954,910 compared to PKR 958,172,995 a year ago. Profit before taxation was PKR 1,605,592,139 compared to PKR 942,445,156 a year ago. Profit after taxation was PKR 1,155,689,995 compared to PKR 682,920,405 a year ago. Earnings per basic and diluted share were PKR 7.48 compared to PKR 4.42 a year ago.