Karachi: Fecto Cement Ltd. has reported a 9% increase in profitability for the fiscal year 2026, driven by a strategic sale of investment property, though its first-quarter earnings for fiscal year 2027 showed a significant decline. The company highlighted these financial results and future plans during a recent analyst briefing.

According to AKD Securities Limited, Fecto Cement recorded a profit of PkR663 million in FY26, up from PkR609 million in the same period last year, attributable largely to a one-time gain of PkR273 million from the sale of investment property. This gain was partially offset by reduced gross margins due to rising costs. However, the company's earnings dropped by 47% year-over-year to PkR111 million in the first quarter of FY27, with gross margins contracting to 10.1% from 18.6% in the same quarter of the previous year.

The briefing also revealed a 19% increase in the company's offtakes to 0.9 million tons during FY26, supported by a 23% growth in local dispatches, despite a decline in exports to 3.3 thousand tons from the previous 22.7 thousand tons.