DG Khan Cement sees USA as most favourable cement export destination
DG Khan Cement Co Ltd held its corporate briefing on 14 November to discuss its FY23-24 financial results and outlook. DG Khan earned a profit of PKR542m (US$1.94m) in FY23-24 a...
Pakistan
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Maple Leaf Cement is advancing to acquire a fertiliser plant in Pakistan
Maple Leaf Cement Factory Ltd (MLCF) updated the Pakistan Stock Exchange (PSX) on 7 November about the hostile takeover of a fertiliser plant in Pakistan. A piece of material in...
More cement firms on MSCI indexes
According to Topline Pakistan Research, a few Pakistan stocks, including cement, will likely be added to the MSCI indexes. The analyst adds that MSCI is scheduled to announce it...
Pakistan's cement industry sees 9% growth in October 2024, driven by robust exports
Pakistan’s cement industry reported an 8.7 per cent increase in total dispatches for October 2024, reaching 4.357Mt compared to 4.006Mt in the same month last year, according to...
Pakistan's cement records home export revenue of US$65.19m in 3MFY25
Pakistan’s cement and clinker exports value declined by 2.2 per cent to US$65.19m (1.792Mt) in the 1QFy24-25 (July-September 2024) from US$66.68m (1.676Mt) in the same period of...
Kohat Cement Co reports strong profit for 1QFY24-25
The directors of Kohat Cement Co have issued the unaudited condensed interim financial statements for the first quarter ended 30 September 2024. The report reveals that during t...
Cherat Cement posts strong financial results for 1QFY24-25
Cherat Cement Co Ltd (CHCC) submitted its financial results for 1QFY24-25 to the Pakistan Stock Exchange (PSX) on 28 October. The company reported a profit after tax of PKR2.9bn...
Pioneer Cement Ltd sees double-digit profit growth in 1QFY24-25
Pioneer Cement Ltd announced its 1QFY24-25 financial result on the Pakistan Stock Exchange’s website on 29 October. It reported earnings of PKR1bn (US$3.5m), up 10 per cent from...
Power Cement appoints Muhammad Arif Habib as chairman of the board
Power Cement Ltd has announced the appointment of Muhammad Arif Habib as its new chairman of the board, effective October 28, 2024. Mr Habib replaces Nasim Beg, marking a signif...
Lucky Cement presents a mixed result in 1QFY24-25
Pakistan’s largest cement producer, Lucky Cement Ltd , announced its financial results for 1QFY24-25 on the Pakistan Stock Exchange (PSX) website on 28 October. The company post...