Investing.com - Fauji Cement Company reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fauji Cement Company announced earnings per share of ₨0.94 on revenue of ₨14.70. Analysts polled by Investing.com anticipated EPS of ₨0.38 on revenue of ₨6,455M.
Fauji Cement Company shares are down 11% from the beginning of the year and are trading at ₨14.53 , down-from-52-week-high.
Fauji Cement Company follows other major Materials sector earnings this month
Fauji Cement Company's report follows an earnings beat by ICI Pakistan on Tuesday, who reported EPS of ₨16.4 on revenue of ₨24.30B, compared to forecasts EPS of ₨13.28 on revenue of ₨20,967M.
Pioneer Cement had beat expectations on October 4 with first quarter EPS of ₨1.6 on revenue of ₨9.34B, compared to forecast for EPS of ₨1.31 on revenue of ₨9.56B.
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