Bestway Cement sees 16% YoY decline in cement dispatches
Bestway Cement Ltd has reported a 16 per cent YoY decline in total cement disptaches in the fiscal year 2023 (ended 30 June 2023) due to reduced local and export sales volumes. ...
Pakistan
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Lucky Cement awarded 20th annual environment excellence award 2023
Lucky Cement Ltd received the environment excellence award at the 20th Annual Environment Excellence Awards 2023, organised by The National Forum of Environment and Health (NFEH...
Bestway Cement earns a rising profit of PKR11.89bn in FY22-23
Bestway Cement in Pakistan has earned a rising profit of PKR11.89bn (US$41.39m) for the FY22-23 (July 2022-June 2023) against a net profit of PRK10.23bn reported in the same fin...
Lucky Cement earned a net profit of PKR13.7bn in FY22-23
Lucky Cement earned an after-tax profit of PKR13.7bn (US$47,687m) in FY22-23 as compared to PKR15.3bn reported last year, mainly on account of higher tax charges because of the ...
Kohat Cement completes the buyback of 5m shares
Kohat Cement Co Ltd (KOHC) informed Pakistan Stock Exchange Ltd (PSX) on 3 August that in compliance with Regulation 10(g) of the listed companies (buy-back of shares) regulatio...
Pakistan started with a massive growth in cement dispatches in 1MFY23-24
Pakistan recorded a considerable growth of 57.4 per cent in cement dispatches in July 2023, when total cement dispatches totalled 3.21Mt against 2.04Mt dispatched in July 2022. ...
Rising energy price may dent cement business in Pakistan
Pakistan's government increased the fuel price in the country on 1 August 2023. Two influential trade organisations, the Federation of Pakistan Chambers of Commerce & Industry (...
Attock Cement Pakistan Ltd completes share sales in Iraqi subsidiary
The Company Secretary at Attock Cement Pakistan Ltd, Irfan Amanullah, has informed the Pakistan Stock Exchange (PSX) that further to the company’s intimation dated 21 June 2023,...
Lucky Cement receives KCCI Export Trophy Award
Lucky Cement Ltd ( Yunus Brothers ) has received the KCCI Export Trophy Awards for its outstanding achievements in the international market. CEO of Lucky Cement Ltd, Muhammad Al...
Higher power prices send cement prices up in Pakistan
Construction costs in Pakistan are expected to rise due to a hike in industrial electricity tariffs, effective from 1 July 2023. As agreed with the IMF under its US$3bn standby ...