Mixed Pakistan export revenue trend in 8MFY23-24
Pakistan’s cement industry has registered noticeable growth in the first eight months of FY23-24 (July 2023-February 2024), due to the continued good exchange rate of the Pakist...
Indian Sub-Continent
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Humboldt Wedag India & KIMA Process Control form strategic alliance
Humboldt Wedag India Pvt Ltd (HW India) has partnered KIMA Process Control in a strategic alliance. HW India becomes the exclusive sales and service partner for KIMA Process Con...
Flying Cement Co posts a profit rise of 23% during 1HFY23-24
Flying Cement Co Ltd has released detailed interim financial statements for the 1HFY23-24, which ended 31 December 2023. The company earned a net profit after tax of PKR170.95m ...
Fecto Cement's performance in increases 2% in 1HFY24
According to the recently-released Fecto Cement Ltd 1HFY23-24 report, clinker production increased by 2.4 per cent during the six months. It reached 342,673t, up from 334,597t i...
Maple Leaf Cement Factory diversifies into hospitals
Maple Leaf Cement Factory Ltd informed the Pakistan Stock Exchange (PSX) about its investment in the hospital business on 10 March. The bourse filing said that Novacare Hospital...
MPI successfully completes NAS Cement installation
MPI recently completed two pivotal installations of Fives Pillard’s products at Najmat Al-Samawa (NAS) Cement, India, showcasing their efficiency and commitment to safety. These...
A quarterly review of the Pakistan cement industry
Due to many competing factors, Pakistan's cement industry will likely see lukewarm sales in 3QFY23-24 (January-March 2024). The holy month of Ramadan will begin on 11 or 12 Marc...
Dandot Cement Co re-fired its kiln in December
According to the1HFY23-24 financial report of Dandot Cement Co Ltd r eleased recently, the company officially commenced operations by lighting up the kiln in December 2023 and i...
Bangladesh cement export momentum continued in 8MFY23-24
Bangladesh has recorded a 51.9 per cent YoY growth in cement export revenue to US$12.35m in the first eight months of FY23-24 (July-February 2024) from US$8.13m in the same corr...
Pakistan cement industry exhibits record quarterly profit in 2QFY23-24
Pakistan's listed cement sector reported record earnings of PKR22.4bn (US$58.18m), up eight per cent YoY in the 2QFY23-24. This earnings growth is primarily due to higher gross ...