Lucky Cement Limited has outperformed its competition by recording 107 per cent rise in its half yearly profit for the year 2011-12. The company has declared a profit for the half year, ending 31st December 2011, of Rs3.02 billion which is 107 per cent higher than the corresponding period last year. The earnings per share (EPS) for the corresponding period increased to Rs9.33 against an EPS of Rs4.52 of corresponding period last year. The company’s gross profit increased by 46.55 per cent during the half year as its net sales revenue improved by 27.82 per cent to Rs15.37 billion against Rs12.03 billion of last year.
