DG Khan Cement

Sluggish cement prices, rupee depreciation cause decline in earnings

Anti-corruption dept committee tells court that it has found serious irregularities

2.6m-ton facility is likely to trigger price war in southern region

Cement manufacturer reports 58% higher profit at Rs2.73b

May not result in major price war since demand in south is increasing

Cumulatively during first nine months of FY2016-17, earnings come at Rs6.45b

Earnings rise 9% in the Oct-Dec quarter of FY17

It comes on the back of higher revenues, better margins