Cement News tagged under: MapleLeaf Cement
Cement industry profits are impacted by burgeoning financing costs21 April 2023, Published under Cement NewsSpectrum Research has reported that sluggish economic activities lead to a decline in Pakistan's construction materials demand, mainly cement and steel. The higher inflation and low purchasing power primarily contributed to reduced cement dispatches. Moreover, the higher interest rate increases the financing cost and reduces the sector's bottom line. This would be reflected in the financial results of Pakistani cement companies when they announce 3QFY22-23 or 9MFY22-23 (July-March 2023) res... |
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