Attock Cement declares profits Rs 3.41bn in FY2026

KARACHI: Attock Cement Pakistan Limited (ACPL) on Tuesday posted a profit of Rs3.416 billion for the year ended June 30, 2026, registering a growth of around 97 per cent compared with the previous fiscal year.

According to the financial results released on the Pakistan Stock Exchange website, the company’s profit for the year rose to Rs3.416 billion, compared with Rs1.731 billion in fiscal year 2025.

The company did not announce a final cash dividend for the year ended June 30, 2026. However, Attock Cement had already paid an interim cash dividend of Rs0.50 per share, equivalent to 5 per cent, during the last fiscal year.

The company’s revenue from contracts with customers increased by 33 per cent to Rs44.32 billion, compared with Rs33.31 billion a year earlier.

Gross profit of the company climbed 52 per cent to Rs12.09 billion from Rs7.97 billion, while profit from operations increased 34% to Rs6.27 billion, compared with Rs4.67 billion in fiscal year 2025.

Attock Cement’s profit before tax rose by nearly 85% to Rs5.28 billion, compared with Rs2.86 billion in the same period last year.

The company also recorded lower finance costs during the year, which fell to Rs1.02 billion from Rs1.84 billion in fiscal year 2025, supporting the improvement in pre-tax profitability.

However, income tax expense increased to Rs1.86 billion, compared with Rs1.13 billion a year earlier.

Meanwhile, basic and diluted earnings per share (EPS) increased to Rs24.86, compared with Rs12.60 a year earlier, representing an increase of about 97 per cent.

The company’s financial statement said, its total assets stood at Rs50.33 billion as of June 30, 2026, compared with Rs50.42 billion a year earlier. Non-current assets increased to Rs35.84 billion from Rs35.58 billion, mainly reflecting fixed assets of Rs35.68 billion.

Current assets rose to Rs14.49 billion from Rs12.84 billion. Inventories declined to Rs6.82 billion from Rs7.65 billion, while trade receivables increased to Rs1.28 billion from Rs812.4 million.

Cash stood at Rs1.47 billion, up from Rs1.39 billion in fiscal year 2025. Short-term investments also increased significantly to Rs1.92 billion from Rs849.5 million.

On the liabilities side, total liabilities fell to Rs25.62 billion from Rs27.92 billion. Current liabilities declined to Rs15.50 billion from Rs17.22 billion, mainly due to a reduction in short-term borrowings to Rs6.88 billion from Rs8.95 billion.

The company’s total equity increased to Rs24.70 billion as of June 30, 2026, compared with Rs22.50 billion a year earlier, supported by higher unappropriated profit.