Attock Cement full year profit rises, Pakistan

Attock Cement Pakistan reported profit after tax to PKR1.44bn for the year ended 30 June 2012 compared to PKR684m in the previous year, thanks to higher prices.

Net sales rose to PKR10.63bn in FY12 against PKR8.55bn in FY11 while cost of sales rose to PKR7.691bn against PKR6.8bn a year earlier. Pretax profit for  FY12 rose to PKR2.03bn compared to PKR1.03bn a year earlier.