Lucky Cement profit up 17.2pc

LAHORE  : Lucky Cement Limited has declared profit after tax for nine months to the tune of Rs8.185 billion. The company recorded 17.2 per cent rise in its profit for the period ending March 31st 2014.  The earnings per share (EPS) for the period increased to Rs. 25.31 against an EPS of Rs. 21.59 of corresponding period last year. The company’s gross profit increased by 12 per cent during the period under review as its net sales revenue improved by 13.4 per cent to Rs. 31.5 billion against Rs. 27.7 billion of the corresponding period last year. The local sales volume during the period registered a growth of 7.7 per cent that rose to 2.9 million tons as compared to 2.7 million tons of same period last year.

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