Pakistan's cement industry exhibits a mixed performance in May 2024
The All Pakistan Cement Manufacturers Association (APCMA) data reveals a mixed performance in May 2024 when the country’s total cement dispatches increased by 7.8 per cent to 4....
Pakistan
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Dewan Cement's profitability dented due to high power costs in 9MFY23-24
Dewan Cement recently submitted its 9MFY23-24 report with the unaudited financial results for nine-month period that ended 31 March 2024 to the Pakistan Stock Exchange (PSX) for...
Pakistan's cement export trend continues to excel in 10MFY23-24
Pakistan’s cement and clinker exports increased by 35.9 per cent in the 10MFY23-24 (July 2023-April 2024) to US$204.54m (5.301Mt), compared to US$150.48m (3.24Mt) in the 10MFY22...
Dandot Cement Co faces initial issues in trial production
According to Dandot Cement Co Ltd’s nine-month report, the company lost RPKR129m (US$0.463m) in 9MFY23-24, compared to PKR118m during the same months last year. The company’s lo...
Thatta Cement Co shows strong profit growth in 9MFY23-24
Thatta Cement Co Ltd reported that in the nine months ending on 31 March (9MFY23-24), the company earned a net profit of PKR888.2m (US$3.19m) when compared to PKR80.6m in the ye...
Pakistan's State Bank notes export growth in 1HFY23-24
The State Bank of Pakistan (SBP) has reported that the country’s cement sector shows significant export growth during the 1HFY23-24. Cement production saw a modest rise of 1.9 p...
PIBTL handled 5,366,521t of cargo in 9MFY23-24
Pakistan International Bulk Terminal Ltd (PIBTL) recently announced its 9MFY23-24 financial statements for 31 March 2024, on the Pakistan Stock Exchange (PSE) website, followed ...
Cherat Cement exhibits mixed financial results in 3QFY23-24 and in 9MFY24
Cherat Cement (CHCC) reported net profit after tax (NPAT) of PKR1.2bn (US$4.32m) in 3QFY23-24, down 33 per cent QoQ and flat sequentially. This brings the 9MFY23-24 NPAT to PKR4...
Fauji Cement strives to improve fundamentals and strengthen its investment case
BMA Capital Management Ltd believes Fauji Cement Co Ltd (FCCL) will reap the benefits of an uptick in local cement demand by FY25, as well as strengthening market share and effi...
Pakistan cement exports continue to excel in April 2024
Pakistan’s cement industry’s total cement dispatches during April 2024 were 2.94Mt, compared to 2.95Mt in April 2023. This comprises local cement at 2.33Mt against 2.53Mt in Apr...