Fecto Cement appoints new CFO
Fecto Cement Ltd has announced the appointment of Abdul Wahab as its new chief financial officer, replacing Hanif Idrees with immediate effect. The change is expected to bring f...
Pakistan
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Pakistan saw a mixed export trend in 5MFY24- 25
Pakistan has experienced mixed results in its export performance over the first five months of the fiscal year 2024-25 (July-November 2024). According to the Pakistan Bureau of ...
Bestway remains Pakistan’s largest cement producer
The Board of Directors of Bestway Cement Ltd recently presented its report with unaudited financial statements for the quarter ending 30 September 2024. The company recorded a ...
Thatta Cement will likely export cement to Türkiye
Pakistan-based Thatta Cement will likely export cement Türkiye following compliance certification. The company recently revealed this in material information to the Pakistan Sto...
Pakistan's cement industry sees mixed trends in December 2024
Pakistan's cement industry witnessed declining domestic cement dispatches in December 2024 while exports significantly increased. According to data released by the All Pakistan ...
Gharibwal Cement announces board change
Gharibwal Cement Ltd has appointed Mian Nazir Ahmed Peracha as a director, effective 4 December 2024, following the resignation of Habiba Tousif Paracha. The announcement was ma...
Pakistan’s economic indicators may positively impact the cement industry
The State Bank of Pakistan (SBP) announced that its Monetary Policy Committee (MPC) decided to cut the policy rate by 200 basis points to 13 per cent, effective 17 December 2024...
Pakistan cement industry on track for recovery
Pakistan’s cement industry is expected to be on track for recovery following a trough in the business cycle, which has seen disappointing cement demand and capacity utilisation ...
Dewan Cement reported a loss of PKR252m in 1QFY24-25
Dewan Cement Ltd of Pakistan reported a loss of PKR252m (US$0.905m) for the first quarter of FY24-25 (ended on 30 September), compared to PKR115.958m in September 2023. Accordin...
PIBTL overcomes a fire incident at the terminal
Pakistan International Bulk Terminal Ltd (PIBTL) operates a coal and cement handling facility at Port Qasim in Sindh province, which experienced a fire incident last month. Deta...