Kohat Cement Financial Report Highlights Lower Profit and Investment Renewals

Lahore: Kohat Cement Company Limited disclosed its financial performance for the fiscal year ending June 30, 2026, indicating a reduction in profit after taxation compared to the previous year. The announcement was made following a Board of Directors meeting held on September 10, 2026, at the company's head office.

For the year ended June 30, 2026, Kohat Cement reported a profit after taxation of 10.70 billion rupees, a decrease from the previous year's 11.58 billion rupees. The total comprehensive income for the year was reported at 10.70 billion rupees, slightly down from 11.57 billion rupees in the prior year. This decline in profitability is reflected in the company's financial metrics, including a gross profit of 13.65 billion rupees, down from 14.89 billion rupees in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), the company's revenue from contracts with customers increased to 38.53 billion rupees from 37.54 billion rupees. Despite this revenue increase, the cost of sales rose to 24.88 billion rupees from 22.64 billion rupees, impacting the gross profit.

The Board of Directors opted not to declare any cash dividend, bonus shares, or right shares for the year. However, the board approved the renewal of a 600 million rupee investment in Ultra Kraft (Private) Limited and an enhancement of equity investment up to 1.50 billion rupees in Ultra Properties (Private) Limited, a subsidiary involved in a real estate project in Lahore.

The Kohat Cement Annual General Meeting is scheduled for October 22, 2026, and will be held at the company's registered office in Kohat. The share transfer books will be closed from October 15 to October 22, 2026, to facilitate the meeting.

The financial report, including detailed statements of profit and loss, financial position, changes in equity, and cash flows, were submitted as part of the company's regulatory requirements. The Annual Report will be made available through the Pakistan Unified Corporate Action Reporting System (PUCARS) at least 21 days prior to the meeting.