Lucky Cement is reaping the benefits of expansion
According to AKD Research, Lucky Cement has demonstrated prowess in seizing opportunities, particularly through efficient coal inventory procurement, per management guidance. Th...
Pakistan
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Lucky Cement diversifies mining business
The Competition Commission of Pakistan (CCP) has recently approved two mergers (cement and fertiliser firms) in the mining of copper and minerals in the Balochistan province of ...
TUSDEC initiates global chain study
Technology Upgradation and Skill Development Co (TUSDEC), established by Pakistan's Ministry of Industries and Production, has announced that it is working to upgrade the techno...
Track and trace system for cement and auxiliary products in Pakistan
The Federal Board of Revenue of the Government of Pakistan (FBR) is seeking applications for the grant of five-year licence(s) under Licensing Rules, 2019, of track and trace sy...
Mixed Pakistan export revenue trend in 8MFY23-24
Pakistan’s cement industry has registered noticeable growth in the first eight months of FY23-24 (July 2023-February 2024), due to the continued good exchange rate of the Pakist...
Flying Cement Co posts a profit rise of 23% during 1HFY23-24
Flying Cement Co Ltd has released detailed interim financial statements for the 1HFY23-24, which ended 31 December 2023. The company earned a net profit after tax of PKR170.95m ...
Fecto Cement's performance in increases 2% in 1HFY24
According to the recently-released Fecto Cement Ltd 1HFY23-24 report, clinker production increased by 2.4 per cent during the six months. It reached 342,673t, up from 334,597t i...
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...
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...