Attock Cement Reports Increase in Revenue and Total Assets Amid Financial Shifts

Karachi: Attock Cement Pakistan Limited has reported its financial results for the quarter ending September 30, 2026, indicating a notable increase in revenue and total assets. The unaudited financial statements show that revenue from contracts with customers reached 12.03 billion rupees, up from 10.54 billion rupees in the same period last year, marking a significant move of 14.12%.

The company's total assets have increased to 52.78 billion rupees from 50.33 billion rupees as recorded in the audited statements on June 30, 2026. The rise is attributed to growth in both non-current and current assets. Fixed assets, including property, plant, and equipment, slightly decreased to 35.30 billion rupees from 35.68 billion rupees. However, current assets saw a significant rise, particularly in short-term investments and cash and bank balances, which increased to 3.86 billion rupees and 2.02 billion rupees, respectively.

According to information available from the Pakistan Stock Exchange (PSX), Attock Cement’s profitability has also seen a favorable increase. The company reported a gross profit of 3.25 billion rupees, rising from 3.01 billion rupees in the prior year. This increase is despite higher cost of sales, which climbed to 8.78 billion rupees from 7.54 billion rupees.

Operating profit stood at 1.79 billion rupees, up from 1.61 billion rupees, despite an increase in distribution costs and other expenses. Finance costs decreased significantly to 115.87 million rupees from 228.92 million rupees, aiding in a higher profit before income tax of 1.68 billion rupees compared to last year's 1.38 billion rupees. The reported income tax expense was 596.72 million rupees.

The net profit for the period was reported at 1.08 billion rupees, a notable increase from 834.70 million rupees in the corresponding quarter of the previous year. This results in a basic and diluted earnings per share of 7.85 rupees, compared to 6.07 rupees last year.

In terms of liabilities, Attock Cement’s non-current liabilities remained stable at approximately 10.20 billion rupees, whereas current liabilities increased to 16.80 billion rupees from 15.50 billion rupees, driven by higher trade and other payables.

The financial results reflect Attock Cement's resilient performance in the market, with strategic shifts in asset management and expense reduction contributing to its improved profitability and financial position as of September 30, 2026.