Lucky Cement

EPS stands at Rs9.93 in half-year period

Addition expands already surplus production capacity of sector

Board proposes final payout of Rs6.5 per share

Company makes profit of Rs3.16b in Jul-Sept 2018 quarter

Cost of production rises following increase in global coal prices

Company building assembly plants, working on technology transfer

Will run a super-critical power plant of 660MW production capacity

Earnings per share stood at Rs12.58 compared with an EPS of Rs13.43 in the period under review

New line commences production at Karachi plant, taking overall capacity to 9.35 million tons

Adds investment of Rs2b; CEO positive on future outlook of auto industry

Company declares Rs12 per share final dividend for FY17

EPS increases to Rs12.15 from Rs11.94 in period under review

Project has been set up in collaboration with China’s Sinoma Energy Conservation

Sales volume outperformed growth in industry sales by 7%

Company denies provincial govt’s claim of shutting down production line over failure to meet environmental standards

Matter pertains to company’s stock exchange notice of joint venture with Kia Motors

Benchmark-100 Index up 1,982 points, inches closer to 42,000

Revenue rises 5% during Jul-Sep mainly on the back of growth in subsidiary’s sales

Company’s revenues showed almost flat growth of 1% year-on-year

Development will help the company regain its place as market leader

Will set up plant in Chakwal to enhance production by 31%, taking it to 9.68m tons

Cumulative profit rises 3% to Rs9.61b in nine months

Analyst agrees results were below expectation as revenues remain flat