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Daily updates on the Karachi Stock Market, with news, company dividends and KSE-100 index movements.The rollercoaster of a day trader's dream /nightmare riding the KSE-100 index. More than 860 posts and counting ...

9,234

September 17, 2009

9,234

Dividends : DG Khan Cement has recorded a Rs 525 million net profit in the year ended June 30, 2009, overcoming a loss of Rs 53 million in the last year. The earnings per share also rose by Rs 1.96 during the year under review against Rs 0.21 loss per share in the previous year, The improvement in profitability is attributed to a considerable jump in retention levels (up 59 percent) during the year. The net sales of the company jumped to Rs 18 billion in the said year, compared to Rs 12 billion in the previous year….On the export front, the company sold 1.58 million tonnes of cement in FY09 as compared to 0.75million tonnes previously, thus recording a massive 109 percent jump against the industry growth of 47 percent…Daily Times

Market Low : 9,137.06  High : 9,321.45

Market Close : 9,234.23 — 97.17  points up

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