For the nine months that ended on March 31, 2023, Lucky Cement Limited recorded its highest-ever consolidated profit after tax of Rs. 48.5 billion, of which Rs. 11.6 billion is attributable to non-controlling interests. In comparison to the same time last year (SPLY), this represents a remarkable increase of 82.9 percent.
The cement manufacturer reported a net profit of Rs. 30.2 billion for the three months that ended on March 31st, 2023, an increase of 222 percent from Rs. 9.3 billion in 3QFY22. For 9MFY23, the final earnings per share (EPS) totals Rs. 115.24. LUCK announced an EPS of Rs. 66.47 for 3QFY23.
The extraordinary increase in earnings includes a gain on the sale of roughly 26.5 percent of the issued and paid-up share capital of NutriCo Morinaga (Private) Limited by Lucky Core Industries, a subsidiary firm, for a gain of Rs. 17.2 billion.
