Pakistan: construction sector demands reduction in cement prices
The Association of Builders and Developers of Pakistan (ABAD) has called on the government to reduce the price of cement in country or to allow the importation of supplies from ...
Pakistan
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Pakistan: Dewan denies sale of 50% stake
It has been rumoured that 50 per cent of Dewan Cement Ltd (DCL) shares are being sold to undisclosed strategic buyers. As a result the company’s share value and volume experienc...
Pakistan prepares for positive future
The outlook for the Pakistan cement industry is positive with expansion expected over the next few years. Key reasons include improved sector fundamentals backed by higher deman...
Pakistan: 13% YoY surge in cement sales boosts producers' profits
Pakistan's cement industry's profit rose 30 per cent to PKR45.169bn (US$431.6m) in the first nine months of the current fiscal year as there was a surge in sales, supported by s...
Pakistan: Bestway Cement pretax profits up 45%
In an earnings statement released today, Bestway Cement announced that its pretax profits for 9MFY2016 were PKR12.64bn (US$121m), up 45 per cent on the same period last year.
Pakistan: Attock Cement receives PKR7bn to finance expansion
Attock Cement Pakistan Limited (ACPL) has achieved another milestone of success by signing financial close amounting to PKR7bn (US$66.85m) to part finance new production line of...
Pakistan: Cement exports rise to 0.53Mt in March
The All Pakistan Cement Manufacturers Association (APCMA) has welcomed the news that cement exports rose to 0.53Mt in March 2016, up 20.6 per cent YoY.
Pakistan: Maple Leaf reports earning up 49% in 9MFY16
Maple Leaf Cement Factory Limited has reported earnings of PKR3.5bn (US$33m) in 9MFY16, up 49 per cent YoY. Maple Leaf’s sales rose 12 per cent YoY to PKR16.93bn (US$162m) for 9...
Pakistan: Exports fall 24% in first nine months of 2015/16
Pakistan’s cement exports fell during 9MFY2016 on a YoY basis dropping by 24.4 per cent in volume terms and 28.9 per cent in US dollar values. Figures released by the Pakistan B...
Pakistan: Fauji Cement Co 64% growth for 9MFY15-16
Fauji Cement Co Ltd (FCCL), one of Pakistan's largest cement manufacturers and exporters, on April 18 reported earnings of PKR4.33bn (US$41.34m) for 9MFY16 compared to PKR2.65bn...