DG Khan Cement maintains its progress
Nishat Group -owned DG Khan Cement ( DGKC) is progressing well due to the back-up of dividends from group companies. According to Spectrum Securities Ltd, the portfolio/revenue ...
Dg Khan Cement
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DG Khan Cement to diversify into new cement export markets
Pakistan-based DG Khan is diversifying cement operations into new export markets, further enhancing the company's revenue mix. It recently delivered a 0.6Mt export order to the ...
Cement industry profits are impacted by burgeoning financing costs
Spectrum 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...
DG Khan Cement completes solar power plant in Punjab
Khalid Chohan, company secretary of DG Khan Cement Co Ltd ( Nishat Group ), informed the Pakistan Stock Exchange (PSX) on 27 March 2023 that the company has completed the constr...
Pakistan manufacturers post strong 1HFY22-23 financial results
According to the Pakistan Stock exchange (PSX), Pioneer Cement Ltd (PIOC) earned a profit of PKR1.76bn (US$6.81m) in 1HFY22-23 compared to PKR1.14bn made in the previous year’s ...
Three Pakistan producers post profits in 1HFY22-23
Three of Pakistan’s cement factories have posted a profit in operation between July and December of FY22-23 (1HFY22-23). However, double-digit inflation, a hike in interest rate...
APCMA elects new executive committee
Muhammad Ali Tabba, chief executive of Lucky Cement , has been appointed chairman of the All Pakistan Cement Manufacturers Association (APCMA) for the 12 months ending September...
DG Khan Cement sees reduced profit of PKR2.972bn in FY21-22
DG Khan Cement Co Ltd (DGKC) announced the financial result for the FY21-22, posting a profit after tax (PAT) of PKR2.972bn (US$12.7m) compared to PKR3.721bn in the same period ...
Margins affected by 10% super tax
Pakistan cement companies listed on the Pakistan Stock Exchange (PSX) are scheduled to announce their financial results for FY21-22 in August-September. The cement industry has ...
Pakistan dispatches decline in FY22 by 8%
The All Pakistan Cement Manufacturers Association (APCMA) released 12 months of local and overseas dispatch data on 4 July. During the FY21-22 (July 2021-June 2022) total cement...