Power Cement earns first PBT in six years
Pakistan-based Power Cement Ltd recently announced a profit before tax of PKR762m (US$2.7m) in the 9MFY24-25, marking its first profit in six years. According to AHL Research, t...
Indian Subcontinent
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Tokyo Cement Co sees drop in FY24-25 revenue but improves net profit
Tokyo Cement Co (Lanka) plc reported a 16 per cent drop in revenue to LKR31.247bn (US$104.3m) in FY24-25 (ended 31 March 2025) when compared with a revenue of LKR37.375bn in the...
Star Cement reports net loss for FY24-25
Indian clinker and cement manufacturer Star Cement has reported a standalone net loss of INR1.58bn (US$18.380m), compared to a net profit of INR2.2bn in FY23-24. Revenue from op...
JK Lakshmi Cement to use electric vehicles in logistics
India-based JK Lakshmi Cement Ltd will introduce electric vehicles (EVs) into its domestic logistics network. Thanks to a partnership with SwitchLabs, the cement producer will o...
Positive outlook for Maple Leaf Cement
BMA Research has reviewed the performance of Pakistan-based Maple Leaf Cement Factory (MLCF) and projected an optimistic outlook, driven by an anticipated rebound in local deman...
India launches CCU testbeds in academia-industry cement collaboration
India’s Department of Science and Technology (DST) has announced a first-of-its-kind research and innovation cluster that will see the establishment of five carbon capture and u...
Shree Cement posts 15% drop in 4Q net profit
Indian cement producer Shree Cement Ltd posted a revenue of INR55.32bn (US$646.2m) in the January-March 2025 quarter (4QFY24-25), up 2.4 per cent when compared with INR54.01bn i...
Pakistan's cement representation in the MSCI Index strengthens
According to Topline Research, MSCI has announced its May 2025 Index review, in which three new securities from Pakistan are added to the frontier market index: DG Khan Cement (...
Lucky Cement solidifies its domestic and international operations
Lucky Cement Ltd informed the Pakistan Stock Exchange (PSX) on 14 May about a significant milestone in its international operations, marking the successful firing of the kiln fo...
Birla Corp to invest INR43.35bn to boost production capacity
The board of India’s Birla Corp has approved capital expenditure for the phased implementation of a 2.8Mta greenfield cement grinding unit at Gaya, Bihar. The proposed facility ...