Cement News tagged under: Fauji Cement Co
Fauji Cement posts 20% sales increase in 1HFY23-2427 February 2024, Published under Cement NewsPakistan’s Fauji Cement Co Ltd has reported sales of PKR40.35bn (US$145.75m) in the1HFY23-24, ended 31 December 2023. This compares to PKR33.67bn in the same period a year earlier, marking a 19.83 per cent YoY increase. Net profit over the same period advanced by 3.83 per cent from PKR5.079bn to PKR5.273bn. Over the six-month period, the cost of sales increased by 17.32 per cent from PKR23.434bn to PKR27.493bn, while gross profit came in at PKR12.858bn, up 25.59 per cent on the PKR10.23... |
Fauji Cement commissions Nizampur Line 328 October 2022, Published under Cement NewsFauji Cement Co Ltd (FCCL) informed the Pakistan Stock Exchange that on 27 October it successfully commissioned the third production line at its existing plant in Kahi Village, Nizampur, Khyber Pakthunkhwa. The new line has a clinker production capacity of 6500tpd. The project will bring the total cement production capacity of FCCL to more than 8.4Mta, according to Company Secretary, Brig Abid Hussain Bhatti. The project was completed within planned time and budget. |
Fauji Cement Co appoints new CEO15 December 2021, Published under Cement NewsThe board of directors at Pakistan’s Fauji Cement Co Ltd has approved the appointment of Qamar Haris Manzoor as chief executive officer. The appointment became effective from 13 December 2021 and is expected to last until 12 December 2024. |
Fauji Cement appoints new non-executive director11 October 2019, Published under Cement NewsPakistan’s Fauji Cement Co Ltd has announced the appointment of Wasim Sadiq as non-executive director of the company, with effect from 1 October 2019. Mr Sadiq has replaced Muhammed Amir Khan in this role, according to the company’s statement to the stock exchange. |
Fauji Cement sees 17% decrease in profit28 August 2019, Published under Cement NewsPakistan's Fauji Cement Co recorded a 17 per cent fall in profit to PKR2.824bn (US$17.7m) for the year ended 30 June 2019, compared with PKR3.429bn in the FY18. Revenue was mostly unchanged at PKR20.8bn, while volumes dipped by 13 per cent YoY to 2.96Mt. Revenue declined four per cent YoY to PKR5.2bn during the 4QFY19, as higher retention prices offset some of the impact of a 16 per cent decrease in total sales to 710,000t. Local offtake dropped 15.3 per cent to 669,000t against 790,000t ... |
Fauji Cement appoints new Company Secretary28 June 2018, Published under Cement NewsFauji Cement Company Ltd (FCCL) informed Pakistan Stock Exchange (PSX) that it has appointed Brig Riaz Ahmed Gondal as Company Secretary with effect from 27 June 2018, in place of Brig Ch Zafar Iqbal (Retd). The company plant is located at Fateh Jang in Punjab, Pakistan. The clinker capacity stands at 3.27Mt while cement capacity is at 3.433Mt. |
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