Pakistan cement prices down in March
Cement prices in Pakistan have fallen in the opening week of March, according to the Pakistan Bureau of Statistics. The average retail price of a bag of cement in the northern r...
Pakistan
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Maple Leaf Cement Factory diversifies into hospitals
Maple Leaf Cement Factory Ltd informed the Pakistan Stock Exchange (PSX) about its investment in the hospital business on 10 March. The bourse filing said that Novacare Hospital...
A quarterly review of the Pakistan cement industry
Due to many competing factors, Pakistan's cement industry will likely see lukewarm sales in 3QFY23-24 (January-March 2024). The holy month of Ramadan will begin on 11 or 12 Marc...
Dandot Cement Co re-fired its kiln in December
According to the1HFY23-24 financial report of Dandot Cement Co Ltd r eleased recently, the company officially commenced operations by lighting up the kiln in December 2023 and i...
Pakistan cement industry exhibits record quarterly profit in 2QFY23-24
Pakistan's listed cement sector reported record earnings of PKR22.4bn (US$58.18m), up eight per cent YoY in the 2QFY23-24. This earnings growth is primarily due to higher gross ...
Pakistan International Bulk Terminal saw revenue surge by 38% in 1HFY23-24
Pakistan International Bulk Terminal Ltd (PIBTL) recently released its 1HFY23-24 (July-December 2023) report at the Pakistan Stock Exchange (PSX). During the period, the company...
Pakistan cement dispatches down 19% YoY in February
Pakistan has reported total cement dispatches of 3.26Mt in February 2024, compared to 4.04Mt in the same period a year earlier. This marks a YoY decline of 19.2 per cent, accord...
Gharibwal Cement achieves a gross profit of PKR1.499bn in 1HFY23-24
Gharibwal Cement Ltd (GWLC) of Pakistan announced its half-year financial results ending 31 December 2023, on 26 February 2024. The company saw a decrease in its profit to PKR68...
Kohat Cement Factory expands capacity and progresses Punjab plant
Kohat Cement Factory has updated the Pakistan Stock Exchange Ltd (PSX) about an increase in cement production capacity at Kohat in Khyber Pakhtunkhwa. After the optimisation of ...
Pioneer Cement’s profit expanded by 49% in 1HFY23-24
Pioneer Cement Ltd announced its 1HFY23-24 result on the Pakistan Stock Exchange (PSX) website on 28 February 2024, where the company posted a profit after tax (PAT) of PKR2.62b...