The 2012 started with positive note as listed companies have declared handsome
profits despite various business challenges and issues of energy
shortages.
Lucky Cement booked profits of Rs 3 billion versus Rs 1.5 billion in
1HFY11, a growth of 106 per cent Y-o-Y. The company’s top-line surged by 28 per cent
Y-o-Y to Rs 15.4 billion mainly on account of 25 per cent increase in retention per
bag.
Local cement dispatches of the company increased by 11 per cent to 1.7
million tonnes, while exports sales fell to 1.2 million tonnes, down 8 per cent
Y-o-Y. Hence, total dispatches stood at 2.9 million tonnes, up 2 per cent Y-o-Y.
INTERCEM – The world’s leading international cement industry
conferences.