Lucky Cement profit soared by 16.4 per cent to Rs11.344 billion during the first half ending June 30, 2014 as compared to Rs9.748bn in the corresponding period last year. The board of directors of the company announced a cash dividend of Rs9 per share as its earnings per share (eps) rose to Rs35.08 against Rs30.15 the previous year.
Its gross profit increased by 11.5pc to Rs18.690bn as compared to Rs16.756bn. Higher sales volume was attributed as the major driver towards the phenomenal profit declared.
