Central Bank of Pakistan reviews progress of cement industry in FY18
The State Bank of Pakistan has released its annual report on Pakistan's economy for the fiscal year 2017-18. According to the report, the growth momentum gained further strength...
Pakistan
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Thatta Cement appoints directors and appproves WHR project at AGM
At Thatta Cement Co Ltd's (TCCL) annual general meeting the company elected seven directors for a three-year term commencing from 16 October 2018.
Attock Cement revenue increases in 1QFY19
Attock Cement Pakistan Ltd (ACPL) has announced its 1QFY19 results. It reported a net profit after tax of PKR423m (US$3.2m), down 30 per cent YoY despite an increase in revenue ...
Expansion project of Maple Leaf Cement on the track
Maple Leaf Cement Factory Ltd has updated the Pakistan Stock Exchange about progress on it expansion project. According to Company Secretary, Muhammad Ashraf, the company is und...
Lucky Cement re-appoints top directors
Irfan Chawala, CFO of Lucky Cement, has informed Pakistan's Stock Exchange of the re-appointment of top executives of the company.
APCMA reports cement dispatches bounce back in September
The All Pakistan Cement Manufacturer Association (APCMA) reports that domestic cement dispatch for September 2018 bounced back after two months of lacklustre growth, registering...
Dewan Cement's net profit falls to PKR902m
Dewan Cement Limited (DCL) has announced that its net profit declined to PKR902m (US$7.33m) in financial year 2018 from PKR1.30bn earned in the same period last year.
Power Cement expects real estate to increase sales
While other southern cement producers have been wary of a slowdown, Power Cement Ltd (PCL), owned by the Arif Habib Group, has a need for expansion. "The Power Cement plant will...
CEOs Lucky and Cherat Cement appointed to Pakistani business council
The Pakistani government has selected two heads of leading local cement companies for the 22-member Council of Business Leaders, according to a notification from the Ministry of...
Gharibwal Cement records 34% fall in net profit
Pakistan’s Gharibwal Cement Ltd has announced a 33.9 per cent YoY drop in net profit for the FY18 ended 30 June, falling to PKR1.509bn (US$12.2m) from PKR2.283bn. Despite this, ...