Pakistan’s Pioneer Cement has reported a 3.8 per cent fall in revenue to PKR9.73bn (US$62.07m) in the FY19, compared with PKR10.12bn in the year-ago period.
Operating profit declined 30.9 per cent YoY to PKR1.59bn from PKR2.3bn, while profit after tax slipped 51.9 per cent to PKR790m.
Birla Corp to raise capacity to 27.6Mta
Birla Corp Ltd, part of the M P Birla Group, is planning to raise its production capacity to 2...