Kohat Cement earns net profit of PKR1.526bn in 1HFY19

Kohat Cement Co Ltd (KCCL) has announced its financial results for the half year ended 31 December 2018, declaring a net profit for the period of PKR1.526bn (US$10.9m), a fall of 7.17 per cent YoY, as compared to PKR1.644bn in the same period last year.

The company had net sales during the half year PKR8.391bn from PKR6.867bn during this period, an increase of 22.19 per cent. KCCL incurred increasing distribution costs of PKR 73m against PKR68m in the same period last year. The administrative expenses also increased to PKR127m compared to PKR101m incurred in the same period last year.