Pakistan’s Fauji Cement has seen a 378 per cent rise in profit to PKR905.2m (US$5.69m) for the October-December 2020 period, supported by higher retention prices.
Sales also advanced 15 per cent YoY to PKR6.1bn against PKR5.3bn in the 2QFY19-20. Cement dispatches fell two per cent YoY to 914,000t.
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...