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Pakistan S.E.
23:00:00 12/05/2024 BST
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1st Jan Change
220
PKR
0.00%
+0.95%
+16.98%
Bestway Cement : Financial Results for the Quarter Ended March 31, 2022
April 25, 2022 at 05:49 am
Bestway Cement Limited
Condensed Interim Statement of Profit or Loss (Un-audited)
For the nine month period ended 31 March 2022
Nine month period ended Three month period ended
31 March
31 March
31 March
31 March
2022
2021
2022
2021
---------------------- (Rupees '000) ----------------------
Gross turnover
73,891,183
63,220,973
25,459,473
22,526,921
Less: rebates and discounts
(2,236,468)
(2,242,684)
(745,546)
(717,034)
Less: sales tax and excise duty
(20,334,078)
(19,060,160)
(6,846,573)
(6,546,765)
Net turnover
51,320,637
41,918,129
17,867,354
15,263,122
Cost of sales
(35,176,858)
(30,002,074)
(12,171,959)
(10,342,805)
Gross profit
16,143,779
11,916,055
5,695,395
4,920,317
Selling and distribution expenses
(748,975)
(485,704)
(218,131)
(150,716)
Administrative expenses
(1,137,159)
(434,309)
(512,420)
(156,252)
Other (loss) / income
(56,028)
109,310
52,957
49,338
Other expenses
(936,032)
(679,309)
(325,343)
(301,095)
Operating profit
13,265,585
10,426,043
4,692,458
4,361,592
Finance cost
(751,940)
(811,430)
(254,130)
(236,742)
Share of profit of equity-accounted investees, net of tax
1,908,740
1,351,284
724,479
587,364
Profit before tax
14,422,385
10,965,897
5,162,807
4,712,214
Income tax
(4,061,196)
(2,693,575)
(1,364,875)
(1,117,682)
Profit for the period
10,361,189
8,272,322
3,797,932
3,594,532
Earnings per share - basic and diluted (Rupees)
17.38
13.87
6.37
6.03
The annexed notes 1 to 13 form an integral part of these condensed interim financial statements.
CHIEF FINANCIAL OFFICER
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Bestway Cement Ltd. published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 25 April 2022 04:48:09 UTC .
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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Bestway Cement Limited is a Pakistan-based company, which is principally engaged in production and sale of cement. Its product portfolio includes Bestway All Purpose Cement; PAKCEM All Purpose Cement; Stallion Early Setting Cement; ECOCEM All Purpose Cement; Low Alkali Cement for dams and bridges; DURACEM All Purpose Cement - ASTM C150; Sulphate Resistant Cement for protection against waterlogged and saline soil; Low Heat Cement for mass concrete structures, dams and bridges; Xtreme Tile Bond for floor and wall tiles, and Xtreme Tile Grout. The Companyâs cement manufacturing plants are located at Hattar, Farooqia, Chakwal, Kallar Kahar and Mianwali.
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Capi.
+16.98% 472M +18.54% 50.56B +11.42% 16.62B -2.43% 15.93B -9.29% 11.08B +31.98% 9.27B -5.39% 7.77B -3.30% 7.73B +38.93% 7.68B +105.28% 7.64B
Cement & Concrete Manufacturing
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