Pakistan records 6% fall in cement production
Pakistan's cement industry has recorded a 5.5 per cent YoY fall in production during the 9MFY18-19 from 31.22Mt to 29.52Mt, reportedly due to a drop in local demand amongst othe...
Pakistan
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Lucky Cement receives corporate excellence award
Lucky Cement Ltd has been awarded the 34th Corporate Excellence Award 2019 in the Cement Sector by the Management Association of Pakistan, for the fifth time in a row, last month.
Gas supply to Lucky Cement Pezu plant cut off
Lucky Cement has seen gas supply cut off at its Pezu plant as a result of the ongoing drive against gas theft undertaken by Sui Northern Gas Pipelines Ltd (SNGPL) in Khyber-Pakh...
Kohat Cement records 18% sales increase
Pakistan’s Kohat Cement Company Ltd (KCCL) has announced a 5.4 per cent YoY fall in profit after tax for the nine months ended 31 March, decreasing to PKR2.17bn (US$15.3m) from ...
Transaction of major stake in Dandot Cement is completed
Dandot Cement Co Ltd has informed Pakistan Stock Exchange (PSX) that Calicom Industries has acquired 63,542,787 shares of the company. Earlier, the company had reported that it ...
Pioneer Cement announces 28% fall in net profit
Pakistan’s Pioneer Cement Limited (PCL) has announced a 28.1 per cent YoY decrease in net profit to PKR825m (US$5.82m) for the nine months ended 31 March, compared to PKR1.14bn ...
Dewan Cement reports 60% fall in net profit
Pakistan’s Dewan Cement Ltd (DCL) has announced its financial results for the third quarter ended 31 March, reporting a 59.6 per cent YoY decline in net profit to PKR394m (US$2....
Lucky Cement reports strong export sales in 9MFY18-19
Pakistan’s Lucky Cement Ltd has reported a PAT of PKR8.29bn (US$58.53m) during the nine-month period ended 31 March, a 15.4 per cent fall compared to PKR9.80bn of last year. The...
Cement prices in Pakistan's northern region to advance
According to BMA Capital Management Ltd, cement prices in northern Pakistan are expected to increase by PKR15‐20/bag (US$0.10-US$0.14/bag), effective from 1 May 2019, supported ...
Maple Leaf Cement Factory records net profits of PKR1.89bn in 9MFY18-19
Maple Leaf Cement Factory Ltd (MLCFL) has announced its financial results for the nine-month period ended 31 March 2019 by declaring a net profit for the period of PKR1.89bn (US...