Lucky Cement Limited declared a profit after tax, for the year ending June 30 2011, of Rs3.97 billion which is 26.55 per cent higher than last year’s net profit of Rs3.14 billion. Lucky Cement Limited also announced a cash dividend of Rs4 per share, or 40 per cent on the par value of Rs10 per share for the year ended on June 30 2011. The earnings per share (EPS) for the corresponding period increased to Rs12.28 against an EPS of Rs9.7 last year. The company’s gross profit increased by 9.18% during the year as its net sales revenue improved by 6.16% to Rs. 26.018 billion against Rs. 24.509 billion of last year. Higher local retention prices primarily contributed in the higher margins.
