Pakistan: Kohat Cement earnings up 4% YoY

Kohat Cement reported earnings of PKR2.2bn (US$20.98m) in 1HFY17 compared to PKR2.1bn reported in the same period last year, up four per cent YoY.
 
The result accompanied a second interim cash dividend of PKR8/share, taking cumulative 1HFY17 payout to PKR12/share.
 
The company's total sale of cement stood at 1.06Mt compared to 1.03Mt in the first six months of the last financial year. Kohat's domestic sales of cement reached 988,159t and exports amounted to 81,271t during this period.

Administration and selling expenses amounted to PKR154m in 1HFY17 compared to PKR143m for the same period last year.