Saturday, November 21, 2009, Zilhaj 03, 1430 A.H

ISSN 1563-9479

Group Chairman: Mir Javed Rahman Founded by: Mir Khalil-ur-Rahman Editor-in-Chief: Mir Shakil-ur-Rahman

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Share this story!     Lucky Cement announces 40pc dividend Thursday, August 06, 2009 By our correspondent KARACHI: Lucky Cement has announced on Wednesday its fiscal year 2009 (FY09) results. It has booked profits of Rs4.6 billion, earning per share (EPS) of Rs14.21 versus Rs2.7 billion (diluted EPS of Rs8.28) in FY08 showed a handsome growth of 72 per cent. The company has announced a final cash dividend of 40 per cent. Net sales jumped by 55 per cent year on year (YoY) at the back of higher retention prices as well as high rupee based export sales amid rupee depreciation. Thanks to robust export growth of 28 per cent, total dispatches were up six per cent YoY. This propelled gross profit to Rs9.8 billion, up by a handsome 125 per cent YoY. The gross profit margins of the company in FY09 went up to 37 per cent from 26 per cent last year. Share this story!    Back     |    Send this story to Friend    |     Print Version Enter your search terms Submit search form   Web www.thenews.com.pk

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