Gharibwal Cement : Inancial Results for the Quarter Ended September 30, 2022
October 31, 2022 at 12:49 am EDT
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GHARIBWAL CEMENT LIMITED
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THREE MONTHS ENDED SEPTEMBER 30, 2022
Un-Audited
1st QTR ended
30-09-2022
30-09-2021
(Rupees in '000s)
Net sales
3,826,442
3,180,293
Cost of sales
-2,937,292
-2,454,617
Gross profit
889,150
725,676
Administration and general expenses
-141,684
-119,108
Selling and distribution expenses
-17,572
-9,432
Other operating expenses
-52,921
-45,116
Oher Income
0
60,926
Operating profit
676,973
612,946
Finance income
55,688
27,520
Finance cost
-82,481
-80,079
Profit before taxation
650,180
560,387
Tax Expense
-214,560
-173,719
Profit after taxation
435,620
386,668
EPS
(Basic & Diluted)
1.09
0.97
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Gharibwal Cement Ltd. published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 04:48:05 UTC.
Gharibwal Cement Limited is a Pakistan-based company, which is engaged in production and sales of cement. It offers ordinary Portland cement (OPC) that is used in all general constructions. Its cement has 28 days strength up to 10000 PSI, and meets the standards PS 232-2008 (R): BS 12:1996; ASTM C-150, Type I; and BS EN-197-1 Strength Class 42.5 N. The Company has a plant with 6700 ton per day clinker production capacity. Its specialized equipment and parts include raw mill, coal mill, electrical instruments, packing plant are Europe origin. The Company also have in-house power generation plant of 38 megawatts (MW). Its 13.5 kilometers (Km) long conveyor belt can transport 1200 ton per hour of raw materials from quarry hill down to pre-blending yard. This down-hill conveyor belt also generates electricity up to approximately 1.1 MW. The plant is located in Ismailwal, Pind Dadan Khan Tehsil, Chakwal District, Punjab Province, Pakistan.
GHARIBWAL CEMENT LIMITED 
