Lucky Cement completes the biggest of its kind buyback of shares
Lucky Cement informed the Pakistan Stock Exchange (PSX) earlier this week that the company wants to announce the closure of the purchase period about the buyback of shares by th...
Pakistan
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Rupee appreciation continues to sustain cement exports from Pakistan
Pakistan’s cement industry has registered significant growth in cement and clinker exports during the first four months of FY23-24 (July-October 2023) due to the continued depre...
Maple Leaf Cement to move into hospital sector
Pakistan’s Maple Leaf Cement (MLCF) is investing PKR800-900m (US$2.77-3.12m) in a new solar power plant. The plant is expected to have a production capacity of 7.5MW. The compan...
Pakistan to strategise industrial policy, including cement
Pakistan’s caretaker government has formed a 19-member Industrial Advisory Council to develop industrial policies, including for the cement industry. The council comprises membe...
PIBT saw a host of economic challenges in FY22-23
Pakistan International Bulk Terminal Ltd (PIBTL) said in its annual report that during FY22-23, the company’s business was affected by the volumes handled, which lowered from 8....
New chairman in Attock Cement
Company Secretary, Attock Cement Pakistan Ltd , Irfan Amanullah, informed Pakistan Stock Exchange Ltd (PSX) on 13 November that after the recent election of directors of the com...
Dandot Cement is still under BMR
For the quarter that ended 30 September 2023, Pakistan’s Dandot Cement Co Ltd incurred a loss of PKR69m (US$0.24m) as it remained under the modernisation phase and posted no rev...
Local Pakistan cement dispatches contract while exports sustain levels
In October 2023 Pakistan's cement industry faced a decline in local dispatches due to the constraints in the domestic market, while exports remained steady owing to the potentia...
Premier Cement Mills continues to report losses in FY22-23
Bangladesh cement producer Premier Cement Mills (PCM) announced its financial results for the Fy22-23, which ended 30 June 2023, a week before. It reported a loss after taxation...
FOA call for compliance of the Axle Load Regime
A public notice from the Fleet Operators Association (FOA) of Pakistan urges strict implementation of the axle load regime (ALR) and the National Trucking Policy to save human l...