Cement News tagged under: Indian sub-comtinent

RSS feed

Cherat Cement's local dispatches fall while exports rise

02 October 2023, Published under Cement News

The management of Cherat Cement Co Ltd ( Gulham Faruque ) held a corporate briefing session on 28 September 2023 to discuss the financial performance during FY23 and its outlook. To recall, the company posted earnings of PKR4.4bn (US$15.3m) in FY23 compared to PKR4.5bn in the previous year, a decline of one per cent YoY. The annual decline was due to higher financial charges and taxation, as presumed by AKD Research and AHL Research.  Dispatches local/export In terms of sales volumes...