MLCF posts Rs1.22bln profit in Q3
Business April 22, 2021 KARACHI: Maple Leaf Cement (MLCF) has announced a net profit of Rs1.22 billion, translating into earning per share (EPS) of Rs1.11 for the quarter ended March 31, 2021 as compared with the loss of Rs960.09 million in the corresponding period last year. “The earnings came above expectations primarily due to higher other income presumed to be in the form of dividend from its subsidiary Maple Leaf Power Ltd,” an analyst at Sherman Securities said. Company’s sales rev...
Source: thenews.com.pk