Attock Cement to sell its 60% share in Iraqi plant
Attock Cement Pakistan Ltd (ACL) is expected to hold an Extraordinary General Meeting (EGM) of the shareholders on 25 May 2023, to consider and, if deemed fit, to pass a resolut...
Indian Sub-Continent
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Bangladesh cement exports show an upward trend in 10MF22-23
Bangladesh has reported 38 per cent YoY growth in cement export revenue to US$10.72m in the 10MFY22-23 (July 2022-April 2023). This compares to US$7.77m in the same period a yea...
April's local cement dispatches fall, but exports rise
The All Pakistan Cement Manufacturers Association (APCMA) has warned about the fall of cement dispatches to local and overseas markets during April and 10MFY22-23 (July 2022-Apr...
Lucky Cement to buy back its shares at market prices
The Board of Directors of Lucky Cement Ltd , in its meeting held on 28 April 2023, has approved and decided to recommend to the members of the company for their approval by pass...
Ambuja Cement reports 8% growth in March quarter
Ambuja Cement has reported standalone net revenue of INR42,560m (US$520.1m) in the quarter ended 31 March 2023, up from INR39,270m in the same quarter a year earlier, marking 8....
Lucky Cement sales increased by 19% in 9MFY23
Lucky Cement Ltd has announced its financial results for the third quarter ending 31March 2023 and the 9MFY23. It reported a profit after tax of PKR11.13bn (US$39.2m) compared t...
Cement dispatches eroded in April due to Ramzan and Eid
According to Topline Securities, Pakistan’s total cement sales in April 2023 are expected to fall by 25-29 per cent MoM to reach 2.7-2.9Mt, with local dispatches likely to be do...
UltraTech Cement report consolidated net sales of INR184,360m
UltraTech Cement Ltd has announced its financial results for the quarter and year ended 31 March 2023 with consolidated net sales totalling INR184,360m (US$2.26bn), a rise of 19...
ACC Ltd reports revenue growth
India-based ACC Ltd has reported revenue from operations of INR47,907.7m (US$585.6m) in the three months ended 31 March 2023. This compares to INR44,265m in the same period a ye...
Power Cement and Dewan Cement announce financial results
Two more cement companies in Pakistan announced their financial results for the third quarter ending 31 March 2023, and 9MFY22-23. Power Cement reported an increase in profit by...