Corporate results: Attock Cement posts profit of Rs687m

LAHORE: Attock Cement posted a net profit of Rs687 million in the second quarter ended December 31, up just 2.38% from Rs671 million compared with the same period of the previous year, according to a company notice sent to the Pakistan Stock Exchange (PSX) on Friday.

Earnings per share (EPS) increased to Rs6.00 from an EPS of Rs5.86 in the period under review.

However, the combined income in the first six months (Jul-Dec) of 2016-17 jumped to Rs1.38 billion (EPS of Rs12.03), up 20% compared with Rs1.15 billion (EPS of Rs10.07) in the same period of last year.

The company's share price closed at Rs363.13, down 3% when trading ended on Friday. The KSE-100 index came down by 228 points or 0.46% to close at 49,963.

Published in The Express Tribune, January 28^th, 2017.

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