LAHORE : Although in 4QFY13 cement local sales remained stagnant growing by mere 1 per cent to 6.7m tons versus 6.6m tons in the last quarter, exports growth of 13pc to 2.2m tons pushed the total sales up by 4pc to 8.9m tons as against 8.6m tons in previous quarter. The growth coupled with margin expansion due to declining costs is likely to augment sector’s profit by 5-6pc while improved other income in form of dividends from investments for major companies will boost sector’s profitability. by another 5-6pc, industry experts claim.

 Thus, cumulatively, 4QFY13 profits of cement sector are likely grow by 10-12 per cent.