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DGKC | Q2 increased margins boost profitability

DG Khan Cement Company Limited (DGKC) reported its financial results for the second quarter ending December 2024. Key highlights include:

Earnings: DGKC posted a profit of Rs. 6.2 per share for the quarter but declared no cash dividend. Over the last four quarters, the company achieved a cumulative net income of Rs. 6.9 per share, with no cash distributions during this period.

Revenue Growth: Revenue for the quarter surged by 34% compared to the average of the previous four quarters, reflecting strong sales performance.

Profitability: Gross profit rose significantly by 112% over the previous four-quarter average, driven by improved operational efficiency. 

Margins: The gross profit margin for the quarter stood at 25.1%, up from the previous four-quarter average of 16.4%.

Taxation:  The tax rate for the quarter was 27.4%, lower than the previous average of 36.8%, contributing to improved profitability.

Nishat Mills (PSX:NML)  owns over 30% of DG KhanCement.

D.G. Khan Cement Company Limited
PakStox.com
Updated: February-14-2025
DGKCDGKCDGKCDGKCDGKCDGKC
Key FinancialsQ2Q1Q4Q3Q2
Rs. MillionsDec2024Sep2024Jun2024Mar2024Dec2023
Revenue33.8%21,69015,30117,00314,26618,260
Gross Profit111.5%5,4512,9941,3423,6432,330
Financial Charges-44.0%1,0501,5891,7491,9572,208
Profit before Tax3,7441,174-1,3441,920660
Profit after Tax
2,719804-1,6931,180394
Cash Dividend----
GPM25.1%19.6%7.9%25.5%12.8%
Tax Rate27.4%31.5%-38.5%40.3%


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