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Lucky Cement invested PKR100bn in the last few years

07 September 2023, Published under Cement News

Lucky Cement  ( Yunus Brothers Group) has invested over PKR100bn (US$325.3m) in the past 4-5 years, which includes PKR30bn in Lucky Electric Power Co (LEPCL), PKR50bn in cement operations and PKR15bn in auto segments. A top official of Lucky Cement shared this information during last week's corporate briefing.   It is important to note here that during FY22-23, company profitability was down due to cement demand contraction and the imposition of super tax. Its local cement volumes were ...