Cement News tagged under: Dispatches
A review of 9MFY19 performance of Pakistan’s cement industry02 April 2019, Published under Cement NewsIGI Securities has reviewed the performance of Pakistan's cement industry for the first nine months of FY18-19 (July 2018-March 2019). Provisional numbers show that cement dispatches for March 2019 declined by 12 per cent YoY to 4.11Mt. On a cumulative basis, this brings 9MFY18-19 total dispatches to 34.19Mt as against 34.76Mt, recorded in the same period last year, marking a fall of two per cent YoY. While local sales from southern Pakistan have grown by over 15 per cent during the nine-m... |
More promising outlook forecast for Pakistan cement sector11 March 2019, Published under Cement NewsAccording to a report of Spectrum Securities Ltd, Pakistan's cement industry is expected to improve its margins going forward as the impact of higher interest rates and devaluation of the Pakistani rupee will pass on to the end consumer gradually. Moreover, improving economic activities coupled with regional peace are expected to support cement demand going forward. During 1HFY19 the sector posted a decline of 19 per cent YoY in profitability. Total cement dispatches during 1HFY19 rose b... |
INC reports record deliveries in 201808 January 2019, Published under Cement NewsParaguay-based Industria Nacional de Cemento (INC) closed 2018 with a delivery record of 12,964,917 bags of cement. In 2017 INC delivered 12,702,486t, up from the 12,659,924t it dispatched in 2016. During the last three months of the year, cement dispatches at the company returned to normal and enabled the company to replenish its stocks and meet back orders. Javier Rodríguez, head of the company, said that the record “highlighted the capacity of INC to overcome any difficult moment’. Wh... |
NCL Industries reports 13% growth in output in 3QFY18-1907 January 2019, Published under Cement NewsIndia-based NCL Industries has reported a 13 per cent YoY increase in cement production to 552,000t in the third quarter of FY18-19, up from 490,000t in the year-ago period. Cement deliveries advanced by 18 per cent to 555,000t in the 3QFY18-19 from 471,000t in the 3QFY17-18, according to Accord Fintech. In addition, the company’s cement boards production and dispatches increased by three and four per cent, respectively to 17,631t and 16,713t, respectively during the 3QFY18-19. |
Pakistan exports rise in November21 December 2018, Published under Cement NewsPakistan's cement industry received foreign exchange revenue of US$26.77m by exporting 635,192t of cement during November 2018, compared to US$26.74m and 616,648t in the previous month. This shows minor MoM growth of 0.1 per cent and three per cent in terms of value and quantity, respectively, according to the Federal Bureau of Statistics. However, if compared to November 2017, it translates to an increase of 48.4 per cent in earnings of foreign currency and 74.8 per cent YoY in quantity. ... |
Chilean cement dispatches down 8% in September12 December 2018, Published under Cement NewsCement deliveries in Chile fell 7.5 per cent YoY and 10.8 per cent MoM to 307,015t in September 2018, according to the Chilean Chamber of Construction (CCHC). In September 2017 dispatches reached 331,753t while in August 2018 around 344,084t were delivered by Chilean cement producers. |
APCMA reports Pakistan cement dispatch rise for 5MFY2018-1905 December 2018, Published under Cement NewsAccording to All Pakistan Cement Manufacturer Association (APCMA), total dispatches from Pakistan's cement mills in the first five months of this fiscal July-Nov 2018 stood at 19.253Mt against dispatches of 18.513Mt achieved during the corresponding period of last financial year. This represents a four per cent YoY growth. Of this total, the domestic dispatches during July-November 2018 stood at 16.283Mt compared with dispatches of 16.434Mt recorded in July-November 2017. The net decline i... |
APCMA reports cement dispatches bounce back in September10 October 2018, Published under Cement NewsThe All Pakistan Cement Manufacturer Association (APCMA) reports that domestic cement dispatch for September 2018 bounced back after two months of lacklustre growth, registering a double-digit increase compared with the same month of last year. The Pakistan cement industry dispatched 3.806Mt of cement in September 2018 against 3.201Mt in same month last year, a growth of 18.9 per cent YoY. Northern region dispatches were 2.45Mt, an increase of 3.5 per cent against 2.369Mt in September... |
Pakistan records a 6% demand increase in September28 September 2018, Published under Cement NewsPakistan recorded a six per cent YoY growth in cement demand for September 2018, based on preliminary sales data. This follows two consecutive months of a decline in dispatches due to prolonged holidays and the rainy season, with local dispatches still down two per cent YoY to 8.89Mt in the 1QFY19. However, exports remained buoyant in the first quarter of FY19, rising 74 per cent YoY to 0.7Mt. Capacity utilisation was recorded at 81 per cent for September, based on 54.23Mta, according to t... |
Pakistan cement sector subdued in FY1827 September 2018, Published under Cement NewsThe Pakistan cement sector collectively recorded a one per cent YoY decline in profit-after-tax during the FY18 period ended 30 June, according to a report by Spectrum Securities Ltd. Profit-before-tax registered a decline of 24 per cent. Furthermore, the gross margin fell nine per cent in the FY18 on account of higher coal prices (37 per cent rise to US$105/t) and PKR depreciation (16 per cent on-year). To review sector performance, the report considered the financial results of eight majo... |