Cement News tagged under: Lucky Cement

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Lucky Cement sees 6% decline in revenue

09 June 2021, Published under Cement News

Taiwan’s Lucky Cement has seen its revenue stay largely flat at TWD357.04m (US$12.87m) in May 2021, compared to TWD357.16m in the year-ago period. In the January-May period, revenue declined 6.3 per cent YoY to TWD1.75bn from TWD1.87bn in the 5M20.

Sinoma to expand Lucky Cement's WHR capacity

12 May 2021, Published under Cement News

Pakistan’s Lucky Cement has signed an agreement with Sinoma Energy Conservation for the expansion of its two waste heat recovery (WHR) units in Pezu, Khyber Pakhtunkhwa. The capacity of the two plants is expected to advance by around 4MW. The companies have worked together since 2008 on the original WHR lines at Pezu with a generating capacity of 10MW each, as well as the 15MW Karachi EFG power plant project and a waste heat boiler extension in Karachi.

Lucky Cement posts 15% fall in revenue

10 May 2021, Published under Cement News

Taiwan’s Lucky Cement has posted a 14.5 per cent YoY decline in April revenue to TWD345.56m (US$12.44m) from TWD404.2m in the year-ago period. In the first four months of 2021, the company saw a 7.8 per cent fall in revenue to TWD1.39bn from TWD1.51bn.

Lucky Cement announces record profits

29 April 2021, Published under Cement News

Pakistan’s Lucky Cement has reported a record consolidated profit after tax of PKR22.15bn (US$144.39m) in the first nine months of the FY20-21. The company’s net profit surged 292 per cent YoY, on the back of improved profitability from its cement segment which saw better efficiency from its new line in northern Pakistan. Gross turnover advanced 63 per cent to PKR202.16bn from PKR123.99bn in the 9MFY19-20. On a standalone basis, its overall sales volumes of cement climbed 31.1 per cent to...

Taiwanese manufacturers report mixed start to 2021

10 March 2021, Published under Cement News

Taiwan’s Lucky Cement has seen a 28.5 per cent fall in revenue to TWD279.07m (US$9.85m) in February 2021, compared to TWD390.29m in the year-ago period. In the first two months of the year, revenue advanced 1.4 per cent YoY to TWD696.4m from TWD686.68m. Elsewhere, Hsing Ta Cement reported a 4.7 per cent YoY decline in revenue to TWD190.34m from TWD199.78m in February 2020. However, revenue surged 37.4 per cent YoY to TWD929.57m in the 2M20. Chia Hsin Cement has seen a 3.8 per cent YoY dro...

Lucky Cement announces 3.15Mta Pezu expansion

02 February 2021, Published under Cement News

Pakistan’s Lucky Cement Ltd has announced a further expansion to its Pezu plant on the back of positive results from the domestic cement sector. "Keeping pace with the increasing demand in the domestic cement industry, on the back of revival of economic activity and uptick in construction projects including both retail level projects as well as mega infrastructure development projects the company has decided to enhance its cement production capacity at its Pezu Plant by 3.15Mta," said the ...

Lucky Cement orders dual-fuel engines from Wärtsilä

27 November 2020, Published under Cement News

Pakistan’s Lucky Cement has signed a contract with Wärtsilä for the supply of a combined cycle power plant with additional engine generating sets for its plant in Pezu, Khyber Pakhtunkhwa. The facility is already equipped with 10 dual-fuel engines, supplied by Wärtsilä. "With new cement lines installed, an additional three Wärtsilä 34DF dual-fuel engines, each with an output of 10MW, have been ordered to provide the additional power required for the power plant without grid connection," sa...

Taiwan's producers report October results

10 November 2020, Published under Cement News

Taiwan Cement Corp has reported an 8.2 per cent decline in October 2020 revenue to TWD10.29bn (US$360.7m) from TWD11.21bn in the same month of last year. Revenue also fell 6.3 per cent YoY in the January-October period to TWD92.54bn from TWD98.77bn. Elsewhere, Taiwan’s Asia Cement Corp saw October revenue climb 5.9 per cent YoY to TWD7.43bn from TWD7.02bn. However, in the 11M20, revenue slipped 15.3 per cent to TWD62bn from TWD73.23bn. Universal Cement Corp announced a largely-steady rev...

Lucky Cement's Iraqi clinker plant set for December start-up

26 October 2020, Published under Cement News

Lucky Cement Ltd of Pakistan has set a target date of 20 December 2020 for the start-up of its 1.2Mta greenfield clinker unit, in Samawah, Iraq. Lucky Cement 's Chairman, Muhammad Yunus Tabba, and CEO, Mohammad Ali Tabba, informed the Pakistan Stock Exchange (PSX) in a notification of the preferred date for the start-up. This was possible due to an opening of Pakistan's airspace, which enabled additional workforce for the construction of the preheater/kiln, refractory and electrical ...

Lucky Cement posts 23% rise in August revenue

09 September 2020, Published under Cement News

Taiwan’s Lucky Cement has announced a 22.9 per cent YoY rise in August revenue to TWD366.8m (US$12.5m) from TWD298.5m in the same month of 2019. In the first eight months of 2020, the company posted a 26.9 per cent YoY advance in revenue to TWD2.98bn from TWD2.3bn.