Pakistan cement industry on track for recovery
Pakistan’s cement industry is expected to be on track for recovery following a trough in the business cycle, which has seen disappointing cement demand and capacity utilisation ...
Indian Subcontinent
978 posts · Page 44 of 98
Dewan Cement reported a loss of PKR252m in 1QFY24-25
Dewan Cement Ltd of Pakistan reported a loss of PKR252m (US$0.905m) for the first quarter of FY24-25 (ended on 30 September), compared to PKR115.958m in September 2023. Accordin...
Premier Cement Mills reports lower revenue in 1QFY24-25
Premier Cement Mills PLC of Bangladesh recently announced its financial results for the July-September 2024 quarter (1QFY24-25). The company’s profit for the quarter fell to BDT...
DG Khan Cement sees USA as most favourable cement export destination
DG Khan Cement Co Ltd held its corporate briefing on 14 November to discuss its FY23-24 financial results and outlook. DG Khan earned a profit of PKR542m (US$1.94m) in FY23-24 a...
Ramco Cements posts financial results for 2QFY24-25
Ramco Cements Ltd (India) has shared financial results for the 2QFY24-35, highlighting that the company is on track to achieve its asset monetisation target as previously commit...
Orient Cement reports 24% drop in 2Q income
Orient Cement Ltd , based in Bhubaneswar, India, and part of Ambuja Cements Ltd , reported a total income of INR5476m in the quarter ended 30 September 2024 (2QFY24-25), down 24...
Nuvoco Vistas sees 32% drop in 2Q EBITDA on sluggish demand
India-based Nuvoco Vistas Corp posted a revenue of INR22.69bn in the 2QFY24-25 ended 30 September 2024. This represents a 11.8 per cent drop from INR25.73bn in the 2Q23-24. EBIT...
Premier Cement returns to profit
Premier Cement Mills Ltd (Bangladesh) has reported a net profit of BDT742.3m (US$6.2m) for the period ending 30 June 2024. This marks a significant turnaround from a BDT842.3m l...
Lucky Cement installs 28.8MW wind power project at Karachi plant
Pakistan-based Lucky Cement announced today the successful completion and commissioning of a 28.8MW captive wind power project at its Karachi plant. The project was completed wi...
Jindal Group to expand cement capacity to 7Mta
Jindal Group is expanding its cement grinding capacity to 7Mta by commissioning a 1.5Mta cement grinding unit in Odisha, India. In a statement, the group said, "Its arm Jindal P...