LafargeHolcim Bangladesh net profit stands BDT1.627bn in 1Q24
According to the latest quarterly report of LafargeHolcim Bangladesh Ltd ( LHBL), a frontline cement producer in Bangladesh, revenue and net profit shrank by three and 15 per ce...
Indian Sub-Continent
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Bangladesh forecasts demand for clinker by 2027
Bangladesh has estimated a significant growth in demand for raw materials for steel and cement industries by 2027. According to the country's Industries Minister, Nurul Majid Ma...
Pakistan's State Bank notes export growth in 1HFY23-24
The State Bank of Pakistan (SBP) has reported that the country’s cement sector shows significant export growth during the 1HFY23-24. Cement production saw a modest rise of 1.9 p...
PIBTL handled 5,366,521t of cargo in 9MFY23-24
Pakistan International Bulk Terminal Ltd (PIBTL) recently announced its 9MFY23-24 financial statements for 31 March 2024, on the Pakistan Stock Exchange (PSE) website, followed ...
Bangladesh's cement exports see a 49% YoY growth during 10MFY23-24
Bangladesh’s cement industry has witnessed substantial growth in its exports. It saw a 48.7 per cent YoY growth in cement export revenue, generating US$15.94m during the first 1...
IKN completes the start-up of two clinker coolers in India
Chettinad Cement has successfully installed the first IKN Pendulum cooler within the group. The IKN pendulum cooler, after a successful trial run, is now poised to deliver excep...
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...
Fauji Cement strives to improve fundamentals and strengthen its investment case
BMA Capital Management Ltd believes Fauji Cement Co Ltd (FCCL) will reap the benefits of an uptick in local cement demand by FY25, as well as strengthening market share and effi...
Pakistan cement exports continue to excel in April 2024
Pakistan’s cement industry’s total cement dispatches during April 2024 were 2.94Mt, compared to 2.95Mt in April 2023. This comprises local cement at 2.33Mt against 2.53Mt in Apr...
Ambuja Cements announces record results
Ambuja Cements , part of the Adani Group , has reported record-breaking financial results for the 4QFY23-24 as well as the full year, ended 31 March 2024. According to the compa...