Pakistan Cements: Profit more than doubles in 2QFY21
Karachi, March 1 , 2021: Pakistan cement sector posted profit of Rs11.3 billion during 2QFY21, up 114 percent QoQ due to increase in GP margins by 600bps QoQ, increase in sales by 18 percent QoQ, and decline in finance cost by 12 percent QoQ. Total profit during 1HFY21 clocked in at Rs17 billion compared to…