KARACHI: Bestway Cement Limited (PSX: BCL), Pakistan’s largest cement producer, has reported a profit after tax of Rs25.76 billion for the financial year ended June 30, 2026, reflecting an increase of nearly 8% from Rs23.86 billion earned in the previous year. The company also announced a final cash dividend of Rs10 per share (100%), taking the total cash payout for FY2026 to Rs40 per share (400%), including interim dividends already distributed.
According to the financial results approved by the Board of Directors on July 22, 2026, Bestway Cement posted earnings per share (EPS) of Rs43.20, compared with Rs40.02 in the preceding financial year.
The company’s gross turnover rose to Rs172.34 billion from Rs168.49 billion a year earlier. However, higher production costs weighed on margins, with gross profit declining to Rs32.46 billion from Rs37.28 billion despite stable net turnover of Rs108.28 billion. Strong earnings from equity-accounted investees, amounting to Rs14.55 billion, helped support the company’s bottom line and offset operational pressures.
Bestway Cement’s Board also informed shareholders of a significant development involving its subsidiary, Bestway Automotive (Private) Limited (BAL). The subsidiary has proposed increasing its paid-up capital through the issuance of additional shares to existing shareholders. As a result, Bestway Cement has been offered the opportunity to subscribe to 599.99 million right shares. The Board has decided to place the proposal before shareholders for approval at the upcoming Annual General Meeting (AGM), citing BAL’s projected capital requirements and future growth opportunities.
The company’s Annual General Meeting (AGM) is scheduled for August 31, 2026, while the share transfer books will remain closed from August 25 to August 31, 2026 (both days inclusive) for determining shareholders eligible to receive the final dividend.
Despite a challenging operating environment marked by higher costs, Bestway Cement maintained solid profitability and continued its strong dividend policy, underscoring the company’s robust financial position and commitment to delivering value to shareholders.
