Fauji Cement exports freeze while local sales lift Q1
Fauji Cement exports dried up after the Afghan border closure, capping overall dispatch growth at 5% even as the company booked Rs4.96 billion in first-quarter profit.
Fauji Cement Company Limited posted a net profit of Rs4.96 billion in 1QFY27, up 51% year on year but down 8% from the previous quarter.
Overall dispatches rose only 5% year on year because Fauji Cement exports were absent after the Afghan border closure.
Local dispatches grew 12% and net sales rose 11% year on year, while gross margins improved to 36%.
Finance costs fell 42% quarter on quarter after early debt repayment; short-term borrowings dropped 92%.
Distribution expenses rose 17% year on year as higher oil prices lifted transport costs.