DG Khan Cement Company Limited (DGKC): Financial Results - Q3 2024 Earnings per Share (EPS) : Rs. 2.69 for Q3 2024, flat compared to the same quarter last year. Nine-month EPS stands at Rs. 5.10. Dividends: The company is not yet in a position to pay dividends. However, improved margins suggest a turnaround in profitability. Operating Performance: Sales in the third quarter decreased by 22% compared to the same period last year, reflecting the general economic downturn. However, margins improved due to favorable coal prices. Lower distribution expenses also contributed to a 9% increase in profit before tax. Despite this, profit after tax remained flat at Rs. 1.18 billion due to a higher tax expense of 39%. Profitability : High interest payments are a major drag on profitability. For the first nine months of this fiscal year, DGKC's financial charges exceeded 65% of gross profit. Note that the company had incurred a significant loss of over Rs. 7.2 billion in the fourth quarter of...
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