DG Khan Cement's net profit falls by 47%
DG Khan Cement (DGKC) has announced its unconsolidated financial results for 9MFY19. It reported net profit after tax of PKR2.62bn (US$18.5m), down 47 per cent YoY.
Pakistan
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Thatta Cement's achieves net profit after tax of PKR164m
Thatta Cement Company Ltd (TCC), announced its financial results for 9MFY19 on 24 April. It reported net profit after tax of PKR164m (US$1.16m), down 47 per cent when compared t...
Mixed outlook for Pakistan's cement sector
Positive programmes for Pakistan's housing developments and cement demand in April have been dampened by changes to bank and interest rate rises, as well as expected lower fisca...
Pakistan's seaborne exports grow July 2018-March 2019
Cement exports during the first nine months of July 2018 to March 2019 recorded a YoY growth of 32.8 per cent and 55.4 per cent in terms of value in dollar and quantity, respect...
Pakistan cement production shrinkage in 8MFY19
The overall output of Pakistan's Large-Scale Manufacturing Industries (LSMI) fell by 1.7 per cent for July-February 2018-19 compared to July-February 2017-18, reports Pakistan's...
Pakistan's cement and construction FDI continue to slide
The State Bank of Pakistan (SBP) has reported a contraction of investment for local industries including cement during 9MFY19. According to central bank, total foreign direct in...
Fauji Cement profits surge 15%
Fauji Cement Company Ltd (FCCL), Pakistan, posted earnings of PKR2.4bn (USD16.99m), up by 15 per cent YoY for the nine months ended March 31 in FY2019. Net sales declined by 1.0...
Pakistan's exports to South Africa fall after anti-dumping duty
Pakistan’s cement exports to South Africa have significantly fallen over the last two years as a result of the anti-dumping duty imposed by the South African government, accordi...
Maple Leaf Cement set to begin production at new 7300tpd line
Pakistan’s Maple Leaf Cement has announced that it expects to start commercial production of clinker from its new 7300tpd line in Iskandarabad, Punjab province, next week. "Afte...
Power Cement expansion runs smoothly
Power Cement of Pakistan has released a progress report on the implementation of the Nooriabad expansion project for the quarter ended 31 March 2019. In view of the ongoing prog...