Net sales were PRK14.74 billion, compared to PKR13.92 billion in FY2016, on the back of an uptick in cement dispatches to 2.08 million t.
The company’s costs were mixed: energy costs rose as the coal price jumped 41% year-on-year in the final quarter.
However, the company benefitted from lower transport costs, as more of its cement was sold into the local market, amid a contraction in exports.
