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Last update: Fri, 30 Sep 2016 03am

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Kohinoor Mills Limited has had a bright year; for the full year ended FY16, the company saw an eight percent pop in sales year-on-year, yielding seven percent growth in gross profit. However, the gross margins were flat year-on-year. The bottom line actually tumbled by three percent, but this was largely due to a precipitous decline in other income.
Post-Eid ease in food prices checked the August inflation as CPI declined by 0.3 percent on monthly basis to bring down the yearly increase to 3.6 percent as compared to 4.1 percent in the previous month. Nonetheless, the dent on the base due to1.3 percent monthly inflation in July has shown its strain in August numbers.
Lucky cement (PSX: LUCK) released its year-end accounts with the PSX posting a top line of Rs45.2 billion, a growth of one percent (FY15: 4%) and earned after tax profits of Rs12.94mn in the outgoing year, a four percent growth (FY15: 10%). The company's total dispatches stood at 6.9 million tons against 6.79 million tons in FY15, a growth of 2.1 percent (FY15: 3%). The company also gave a cash dividend of Rs10 per share (100%).
Kot Addu Power Company Limited's (PSX: KAPCO) privatisation has been lingering for quite a long time now. However, the process has picked up pace after it was reported that the government has met the structural benchmark set by the International Monetary Fund (IMF) during the eleventh review with respect to divestment of government shareholding in the IPP.
Kohat has been a mid-tier cement producer with a capacity of 2.6 million tons contributing to six percent of the industry capacity and operating at 69 percent, but its standing in the sector is a strong upward trajectory.
DG Khan Cement is a leading player in the cement sector with 9 percent market share per its 4.02 million tons of production capacity, and from the looks of its financial results and expansion plans, the only way for the company is upward.
There has been much debate over the rationality of bringing down renewable energy tariffs in the country. This column has already covered the competitive versus upfront tariff angle (Read: "Tariffs: Competitive or upfront?" published on 29 July, 2016) and now aims to analyse whether the 3-4 cents/kWh tariff can actually be achieved in Pakistan.