ACPL posts profit of Rs2.71b

KARACHI: Attock Cement Pakistan Limited (ACPL) Tuesday posted a net profit of Rs2.71 billion in fiscal year ended June 30, up 26% compared to Rs2.15 billion in the same period of the previous year, according to a company notice sent to Pakistan Stock Exchange (PSX).

Earnings per share (EPS) jumped to Rs25.24 from an EPS of Rs19.26 in the period under review.  KSE-100 Index closed at 40,050, up 19 points or 0.05% on Tuesday. The share price of ACPL closed at Rs266.7, down 1.4% compared to its last closing price.

Attock Cement plant is based in Hub, an industrial suburb of Karachi and the only major industrial town in Balochistan. ACPL is a part of the Pharaon Group, a group of companies that has investments in cement, oil and gas, power generation and IT.

Published in The Express Tribune, August 17^th, 2016.

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