Bestway Cement Limited has reported a strong financial performance for the nine months ended March 31, 2026, posting a profit after tax of Rs17.91 billion, a slight increase from Rs17.54 billion recorded in the corresponding period last year. The company also announced a third interim cash dividend of 100% (Rs10 per share), taking the total interim dividend for the fiscal year to 300% (Rs30 per share).

According to the company’s third-quarter financial report, gross turnover increased by 2% to Rs130.26 billion, compared with Rs127.82 billion in the same period last year. Net turnover also edged higher to Rs82.39 billion from Rs82.00 billion, supported by increased sales volumes despite continued pricing pressure in the cement market.

Bestway Cement’s cement dispatches rose by 4.8% during the nine-month period, while the overall industry recorded growth of 9.8%. Despite intense competition, the company maintained its position as Pakistan’s largest cement producer and market leader.

The company’s gross profit declined to Rs23.31 billion from Rs28.48 billion, reflecting pressure on margins due to lower selling prices and competitive market conditions. However, a sharp reduction in finance costs, which fell to Rs3.98 billion from Rs6.30 billion, along with a higher share of profit from associated companies, helped support overall earnings. Profit before tax stood at Rs26.94 billion, almost unchanged from Rs27.02 billion a year earlier.

For the third quarter alone, Bestway Cement reported a net profit of Rs6.82 billion, up from Rs6.07 billion in the same quarter of the previous year. Quarterly earnings per share (EPS) improved to Rs11.43, while nine-month EPS increased to Rs30.04, compared with Rs29.42 in the corresponding period last year.

Operationally, the company produced 5.46 million tonnes of cement during the nine-month period, while cement sales reached 5.42 million tonnes, both showing year-on-year growth. Management noted that all cement plants, waste heat recovery units, and solar power facilities operated satisfactorily throughout the period.

Bestway Cement also highlighted its continued commitment to sustainability and corporate responsibility. During the period, the company spent more than Rs745 million on corporate social responsibility initiatives and continued expanding its renewable energy and water conservation projects, reinforcing its position as a leader in environmentally sustainable industrial operations.

Looking ahead, the company acknowledged that geopolitical tensions, volatile fuel and coal prices, high taxation, and continued pressure on cement prices remain key challenges for the industry. Nevertheless, management expressed confidence that Bestway Cement’s low-cost production base, operational resilience, and strong financial position will enable it to navigate these headwinds while continuing to deliver value to shareholders.