Pakistan cement industry facing challenges
A number of Pakistan cement companies have shown poor financial performance in 1HFY19, due to a combination of factors, including dwindling local demands and the rising cost of ...
Pakistan
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Pioneer Cement and DG Khan Cement report profit falls in 1HFY19
Two more leading cement companies of Pakistan announced their financial results for 1HFY19 (July-December 2018) to the Pakistan Stock Exchange (PSX). DG Khan Cement Co Ltd (DGKC...
Gharibwal Cement profit shrinks by 21% in 1HFY19
Gharibwal Cement Ltd (GCL) declared a net profit of PKR593m (US$4.28m) for the half year ended 31 December 2018, down by 21.2 per cent YoY, as compared to PKR752m earned in the ...
Dewan Cement profit contracts by 40.29% in 1HFY19
Dewan Cement Ltd (DCL) has announced its financial results for the half year ended 31 December 2018. It declared net profits of PKR328m (US$2.74m), representing a decrease of 40...
Pakistan attracts less FDI in cement and construction during 7MFY19
Foreign direct investment (FDI) into Pakistan during July 2018-January 2019 declined by over 17 per cent compared to same period last year, according to data released by the Sta...
Bestway Cement earns higher profit in 1HFY19
Bestway Cement Ltd (BCL) has announced its financial results for the half year ended 31 December 2018. BCL declared earnings of net profit of PKR6.88bn (US$49.7), increased by 1...
Fecto Cement profit shrinks by 53.75 per cent in 1HFY19
Fecto Cement Ltd (FCL) has announced its financial results for the half year ended 31 December 2018 today. It declared earning of net profit of PKR105m (US$0.75m) decreased by 5...
Kohat Cement earns net profit of PKR1.526bn in 1HFY19
Kohat Cement Co Ltd (KCCL) has announced its financial results for the half year ended 31 December 2018, declaring a net profit for the period of PKR1.526bn (US$10.9m),
India raises cement import duties to stop Pakistan shipments
Pakistani exports of cement to India have been suspended, due to growing tension between Islamabad and Delhi over a recent terrorist attack in Pulwama, in Jammu and Kashmir, India.
Fauji Cement's profit increases by 43.88% in 1HFY19
Fauji Cement Co Ltd (FCCL) has announced its financial results for the half year ended 31 December 2018, by declaring of net profit for the period of PKR1.82bn (US$13m), increas...