Fauji Cement Company has posted Rs 102.486 million as after tax loss in the half year period ended December 31, 2011 as compared after tax profit of Rs 251.132 million in the corresponding period in 2010. The company posted Re 0.081 per share loss in the period under review against earning per share of Re 0.362 in the same period a year back.
According to the financial results sent to Karachi Stock Exchange, the company's sales increased to Rs 5.170 billion in the half year period in 2011 against Rs 2.714 billion in the same period in 2010. The company paid Rs 914.198 million as government levies in this period against Rs 462.209 million paid in the same account in the same period a year back. The company's cost of sales increased to Rs 3.517 billion against Rs 1.831 billion. The company posted Rs 52.784 million as loss before taxation in this period against profit before taxation of Rs 283.594 million in the same period a year back.
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