Gharibwal Cement posts 15% increase in FY net profit
Gharibwal Cement Ltd reported a net sales revenue of PKR18.165bn (US$65.5m) in the financial year ended 30 June 2024 (FY23-24), down 0.8 per cent from PKR18.316bn in the FY22-23...
Pakistan
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Pakistan's cement export volume rose amid lesser revenue in 2MFY24-25
Pakistan’s cement and clinker exports dropped by 16.9 per cent in the first two months of the current financial year 2024-25 to US$36.70m (992,026t) from US$39.64m (981,400t) in...
Pioneer Cement reports 98% surge in full-year net profit
Pakistan-based Pioneer Cement Ltd , reported revenue of PKR35.52bn (US$127.7m) in the FY23-24 ended 30 June 2024. This represents a drop of 1.8 per cent when compared with PKR36...
DG Khan Cement posts a profit of PKR542m in FY23-24
DG Khan Cement Co Ltd (DGKC) reported its financial results for FY23-24 on the Pakistan Stock Exchange website on 16 September. The company posted a profit of PKR542m (US$1.95m)...
Investment Fund for Developing Countries sells Power Cement stake
The Investment Fund for Developing Countries and IFU Investment Partners K/S (IIP) have decided to dispose of their combined 6.1 per cent stake in Power Cement Ltd , Pakistan. I...
Maple Leaf Cement Factory's profit grows by 19% in FY23-24
Maple Leaf Cement Factory Ltd (MLCF) uploaded its financial results for FY23-24 to the Pakistan Stock Exchange (PSX) on 11 September 2024. The company posted a profit after tax ...
Attock Cement Pakistan receives sales proceeds from the Iraqi plant
Attock Cement Pakistan Ltd informed the Pakistan Stock Exchange (PSX) on 9 September that it had received the sales proceeds of its stake in a cement facility in Iraq. Attock Ce...
Attock Cement Pakistan sees 135% PAT surge in FY23-24
Attock Cement Pakistan Ltd (ACPL) earned a profit after tax (PAT) of PKR3.56bn (US$12.8m) in FY23-24 compared to PAT of PKR1.51bn in the same period last year, according to the ...
Kohat Cement Company’s profit advances 53% in FY23-24
Pakistan’s northern cement producer, Kohat Cement Co Ltd (KOHC), announced its financial results for FY23-24 on the Pakistan Stock Exchange website on 5 September. The company p...
Pakistan cement dispatches witness 26% drop in August
Total cement dispatches in Pakistan declined by 25.7 per cent to 3.37Mt in August 2024 when compared with 4.53Mt in August 2023. According to the All Pakistan Cement Manufacture...