Tuesday 24 July 2018

ACC Q2 net profit flat at Rs 3.29 bn as macro headwinds continue

Revenue from operations in June quarter of FY2019 at Rs 38.48 billion, 3% lower from Rs 39.58 billion reported in the same quarter a year back . Cement manufacturer ACC's reported a net profit of Rs 3.29 billion for the quarter ending June 30, flat from its corresponding quarter last year. The company gained from cost management initiatives, even as it was bogged down by continuing macro headwinds.


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