Corporate Result: ACPL Half Year earnings increased by 41%

0
329

Attock Cement Pakistan Ltd was incorporated in Pakistan on October 14, 1981 as a public limited company. The company is a subsidiary of Pharaon Investment Group Limited Holding S.A.L, Lebnon. Its main business activity is manufacturing and sale of cement.

Attock Cement Pakistan Limited (PSX: ACPL) announced the earnings of Rs. 8.40 for the Half Year showing an increase of 41% compared to the earnings of Rs. 5.94 in last year.

The Sales of the company also improved by 17% to Rs. 12.45 Bn during the 2019 whereas the Cost of Sales also increased to Rs. 9.54 Bn as compared to the last year.

The Profit After Tax stood at Rs. 1.15 Bn which depicted a surge of 41% as compared to the last year.

ACPL – HALF YEAR

Quarter ended

Consolidated
EPS 2019 = 5.34 PKR
EPS 2018 = 2.87 PKR

Revenue: Rs. 7.08 Bn ↑
Cost of Sales: Rs. 9.54 Bn ↑
Finance cost: Rs. 201.01 Mn ↑
PAT: Rs. 733.2 Mn ↑

Half Year Ended

Consolidated
EPS 2019 = 8.40 PKR
EPS 2018 = 5.94 PKR

Revenue: Rs. 12.45 Bn ↑
Cost of Sales: Rs. 5.53 Bn ↑
Finance cost: Rs. 359.60 Mn ↑
PAT: Rs. 1.15 Bn ↑

Cash Dividend = NIL
Bonus Share = NIL
Right Share = NIL