Fauji Cement earns Rs4.4bn

Published
0

KARACHI: Fauji Cement Company Ltd posted a net profit of Rs4.4 billion for 2021-22, which includes income originating from the erstwhile Askari Cement Ltd with earnings per share calculated on the basis of the post-merger number of shares (2.2bn).

According to Arif Habib Ltd, a year-on-year comparison of the cement maker isn’t possible because detailed accounts haven’t been released yet.

The company also announced a 12.5 per cent bonus issue.

Cnergyico profit jumps

Cnergyico PK Ltd posted a consolidated profit of Rs4.1bn in 2021-22, up 40.1pc from the preceding 12 months. The company’s top line grew 19.6pc on a year-on-year basis to Rs170bn.

KE income dips

Consolidated earnings of K-Electric Ltd clocked in at Rs8.4bn for 2021-22, down 29.3pc from a year ago. Its annual revenue amounted to Rs346.3bn, up 35.8pc on a year-on-year basis.

The company didn’t announce any dividend.

Published in Dawn, September 22nd, 2022

Opinion

Editorial

Muddled hierarchy
Updated 15 Nov, 2026

Muddled hierarchy

The jurisdiction of the two courts and a mechanism for settling disputes between them should be spelt out in law, not left to judges to fight over.
Growing crisis
Updated 15 Nov, 2026

Growing crisis

Calling population growth a national emergency is easy. Ensuring that the response reaches the people who need it is the real challenge.
Organised rackets
15 Nov, 2026

Organised rackets

ON the International Day against Transnational Organised Crime, observed today, Pakistan finds itself in a tight...
Referendum talk
Updated 14 Nov, 2026

Referendum talk

Unless the PPP is deliberately using Sindh as a bargaining chip, it should issue a clarification with a clear, consistent position on new administrative units, not one tailored to protect its home turf.
Mineral wealth
Updated 14 Nov, 2026

Mineral wealth

Minerals should not be presented as a solution to Pakistan’s long-term economic difficulties. The aim should be to build an industrial base rather than export raw materials.
Late diagnosis
14 Nov, 2026

Late diagnosis

AS we mark World Diabetes Day today, Pakistan faces a troubling question: how many people are living with diabetes...