Fauji Cement Company Limited reported a net profit of Rs3.25 billion
Fauji Cement Company Limited reported a net profit of Rs3.25 billion (EPS: Rs1.32) for the quarter ending September 2024, marking a 24.2% increase year-on-year.
Revenue rose 13% to Rs22.96 billion, with gross profit up 24.7% to Rs7.88 billion.
Improved domestic sales, stable pricing, and cost optimization contributed to the results.
However, finance costs surged 48.3% due to higher interest rates.
The company’s effective tax rate rose to 38%. Shares saw a nearly 7% increase during intraday trading.
