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DGKC rises 27pc to Rs3.4b from Rs2.7b; KEL’s profit up 181pc to Rs13.3b from Rs4.7b

byCustoms Today Report
18/02/2015
in Business
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KARACHI – In the first half the current 2014/15 fiscal year, earnings of DG Khan Cement (DGKC) rose 27 percent to Rs3.4 billion (earnings/share Rs7.75), versus the earnings recorded at Rs2.7 billion (EPS: Rs6.09) in the same period last fiscal year.

DGKC raked in Rs12.6 billion revenue in July-Dec FY15 as against Rs12.4 billion July-Dec FY14, depicting two percent rise, mainly led by three percent increase in net retention prices.

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Likewise, Karachi Electric (KEL) booked profit after tax of Rs13.3 billion (EPS: Re0.48) in the first half of the current fiscal year, up 181 percent year on year. Earnings were recorded at Rs4.7 billion (EPS: Rs0.17) in the same period last fiscal year.

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