Royalty payments may negatively impact Pakistani cement producers
In a significant development, the royalty on cement in the Khyber Pakhtunkhwa (KPK) province of Pakistan is expected to shift from an ore-based to a bag-based calculation. This ...
Cherat Cement
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Three Pakistan cement firms likely to be added to the MSCI Index
According to a research report by AHL Research, three additional cement companies in Pakistan are expected to be included in the MSCI Frontier Markets (FM) Index. This addition ...
More cement firms on MSCI indexes
According to Topline Pakistan Research, a few Pakistan stocks, including cement, will likely be added to the MSCI indexes. The analyst adds that MSCI is scheduled to announce it...
Cherat Cement posts strong financial results for 1QFY24-25
Cherat Cement Co Ltd (CHCC) submitted its financial results for 1QFY24-25 to the Pakistan Stock Exchange (PSX) on 28 October. The company reported a profit after tax of PKR2.9bn...
Cherat Cement Co appoints Azam Faruque as CEO
Cherat Cement Co Ltd has announced key executive appointments following its recent board elections. According to information from the Pakistan Stock Exchange (PSX), Omar Faruque...
Cherat Cement exports increased by 22% in FY24
Cherat Cement Co Ltd has released a detailed report for FY24. The 43rd Annual General Meeting will be held on 16 October 2024, to approve the account for the same financial year...
Cherat Cement reported an increase in profit by 25% in FY23-24
Cherat Cement Co Ltd of Pakistan has announced its financial results for the year ended 30 June 2024. It reported an increase in profit after tax to PKR5.49bn (US$) from PKR4.40...
Cherat Cement exhibits mixed financial results in 3QFY23-24 and in 9MFY24
Cherat Cement (CHCC) reported net profit after tax (NPAT) of PKR1.2bn (US$4.32m) in 3QFY23-24, down 33 per cent QoQ and flat sequentially. This brings the 9MFY23-24 NPAT to PKR4...
Kohat Cement Co's enhances Line 2 capacity and plans solar project
Kohat Cement Co (KOHC) has recently completed the BMR of its Khyber Pakhtunkhwa Line 2, enhancing its line capacity to 2.1Mta from 2Mta previously, taking total capacity to 5.2M...
Cherat Cement saw 12 per cent profit growth in 1HFY23-24
Cherat Cement (CHCC) has recently uploaded its financial results to the Pakistan Stock Exchange (PSX) website. The company reported a 2QFY23-24 net profit after tax (NPAT) of PK...