Fauji cement reports lower profit

KARACHI: Fauji Cement Company Ltd has reported a lower profit after tax of Rs 140.391 million during nine months ending March 31, 2012.

According to the financial results sent to KSE here Monday, the pre- tax profit of the company slipped to Rs 286.417 due to higher financial cost during the period under review compared to Rs 369.294 million in the same period last year.

The earning per share also dropped to Rs 0.109 compared to Rs 0.438 in 2011.