Pakistan: Bestway Cement and Pakcem results update
Bestway Cement and group company Pakcem have posted a positive bottom line. Net turnover increased by 5.4 per cent from PKR28.9bn (US$277m) to PKR30.5bn for Bestway and Pakcem s...
Pakistan
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Cherat Cement to invest in wind power joint venture, Pakistan
Cherat Cement Company Co Ltd (CCCL) informed the Karachi Stock Exchange (KSE) on 10 September. that it plans to invest up to PKR250m (US$2.4m) in a joint venture wind power gene...
Maple Leaf FY15 profit boosted by higher dispatches
Pakistan producer Maple Leaf Cement boosted its FY15 profits by more than one-fifth to PKR3.5bn (US$33.55m), the company said in a filing to the Karachi Stock Exchange on Wednes...
Pakistan's August sales buoyed by domestic dispatches
Pakistan cement dispatches rose by 10.24 per cent in August 2015 to 3.061Mt despite a 31 per cent drop in exports. For the first two months of the current fiscal which began in ...
Lucky Cement full-year profit advances, Pakistan
Lucky Cement Ltd reported net profit of PKR12.43bn (US$119m) for the year ended 30 June 2015, representing a 9.6 per cent YoY increase. Revenue advanced by 3.9 per cent to PKR44...
Pakistan’s cement exports continue to fall
Pakistan cement manufacturers and exporters during the month of July 2015 exported 469,406t of cement and earned export revenue of US$ 27.52m compared to 508,541t at US$30.25m i...
Lucky Cement close to winning limestone licence in Punjab province, Pakistan
Lucky Cement Ltd is close to winning a permit to extract limestone in Punjab province, signalling expansion plans for the Pakistan producer, according to a report by Bloomberg. ...
Lucky Cement signs contract with Siemens Pakistan for SAP system
Lucky Cement Ltd has signed a contract with Siemens Pakistan to implement SAP Enterprise System. "Through SAP, we aim to drive progress through greater integration of our variou...
Chinese company signs MoU for Pakistan plant
A memorandum of understanding (MoU) has been signed between the Punjab government and Chinese cement company Yantai Baoqiao Jinhong for the establishment of a cement plant, acco...
Cherat Cement FY14-15 profit dips two per cent
Cherat Cement Co Ltd reported a profit after tax of PKR1.288bn (US$12.6m) during FY14-15, down two per cent from a year earlier, the company said in a notice to the Karachi Stoc...