DG Khan Cement posts a profit of PKR542m in FY23-24
DG Khan Cement Co Ltd (DGKC) reported its financial results for FY23-24 on the Pakistan Stock Exchange website on 16 September. The company posted a profit of PKR542m (US$1.95m)...
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Fauji Cement Co earns its highest-ever profit in FY24
Fauji Cement Co Ltd posted its financial results for 4QFY24 and FY24 on the Pakistan Stock Exchange’s website on 27 August 2024. The company earned a profit after tax of PKR8.2b...
Pakistan cement industry challenges ahead
According to IMS Research, the industry has shifted toward cost optimisation in the absence of strong growth prospects and rising energy costs. Companies plan to improve their p...
Pakistan's July exports have negative trend?
According to the Federal Bureau of Statistics (FBS), Pakistan’s cement industry has lesser cement and clinker exports in value and volume terms during the first month of the cur...
Cherat Cement reported an increase in profit by 25% in FY23-24
Cherat Cement Co Ltd of Pakistan has announced its financial results for the year ended 30 June 2024. It reported an increase in profit after tax to PKR5.49bn (US$) from PKR4.40...
JSW Cement to launch IPO as it plans capacity expansion
On 16 August 2024, JSW Cement filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi). According to the DRHP, JSW Cement plans to in...
Sri Lanka's Tokyo Cement Group to raise its capacity to 4Mta
Sri Lanka-based Tokyo Cement ’s management hopes to complete the ongoing factory expansion project later this year, increasing overall cement production capacity from 3.1Mta to ...
Royalty issue on cement raw materials in Punjab landed in court
According to Topline Research, Punjab-based cement manufacturers have obtained a stay order from the court against the imposition of six per cent of ex-factory cement/clinker pr...
Lucky Cement to enter the gold and copper mining business
Lucky Cement Ltd is actively pursuing diversification through National Resource Ltd (NRL), which will pursue Pakistan’s copper and gold mining business. Top officials at Lucky C...
Bestway Cement posts 6% rise in FY23-24 sales
Chairman of Bestway Cement Ltd , Sir Mohammed Anwar Pervez, stated that despite all the challenges, Bestway increased its market share in Pakistan and achieved a growth of six p...