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Published 06 Aug, 2022 04:10am

Lucky Cement profit jumps

KARACHI: Lucky Cement Ltd posted a net profit of Rs9.89 billion for April-June, up 63 per cent from a year ago, a regulatory filing showed on Friday.

Net sales increased 128pc to Rs114.8bn in the quarter. Alfalah CLSA Securities attributed the jump in sales to cement retention prices and higher auto prices charged by Lucky Motor Corporation. The company didn’t announce any cash dividend.

Published in Dawn, August 6th, 2022

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