Pakistan records a 6% demand increase in September
Pakistan recorded a six per cent YoY growth in cement demand for September 2018, based on preliminary sales data. This follows two consecutive months of a decline in dispatches ...
Pakistan
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Pakistan cement producers record falling sales
Pakistan’s Fecto Cement Ltd has announced a 42 per cent YoY fall in profit for the FY18 ended 30 June, declining to PKR441m (US$3.56m) from PKR760m. Net sales of the company dec...
Flying Cement Co awards Loesche VRM contract for Mangowal
Flying Cement Co of Pakistan has placed an order for the delivery of a further vertical roller mill (VRM) with Germany-based mill specialist Loesche. The VRM will be installed a...
Pakistan cement sector subdued in FY18
The Pakistan cement sector collectively recorded a one per cent YoY decline in profit-after-tax during the FY18 period ended 30 June, according to a report by Spectrum Securitie...
Pakistan cement exports rise during July and August
According to Federal Bureau of Statistics, Pakistan's cement industry earned foreign exchange revenue of US$27.57m by exporting 617,745t of cement during the month of August 2018,
Kohat Cement's full-year profits fall 16%
Kohat Cement Company Ltd (KCCL) has informed the Pakistan Stock Exchange (PSX) on 19 September that its full-year net profit for 2018 was down by 16 per cent to PKR2.98bn (US$24...
Maple Leaf Cement profit down 4%
Pakistan’s Maple Leaf Cement has reported a 4.2 per cent YoY fall in its profit after tax for the year ended 30 June 2018. Profit for the period came in at PKR4.572bn (US$37.1m)...
Pakistan's cement industry faces additional challenges
Pakistan's Finance Minister and chair to the Economic Coordination Committee (ECC), Asad Umar, has announced an increase in gas tariffs for all industrial sectors from 10 to 143...
Thatta Cement reports 22% drop in net sales for FY17-18
Pakistan’s Thatta Cement has recorded a 22.3 per cent YoY fall in net sales to PKR2.84bn (US$23.03m) for the FY17-18 period, ended 30 June 2018. Operating profit decreased 38.4 ...
Pakistan exports hit Punjab and Himachal plants
Cement plants in Himachal Pradesh and Punjab, India, have called for 11 per cent duty on imports from Pakistan as they see capacity utilisation levels fall to 75 per cent. They ...