April's local cement dispatches fall, but exports rise
The All Pakistan Cement Manufacturers Association (APCMA) has warned about the fall of cement dispatches to local and overseas markets during April and 10MFY22-23 (July 2022-Apr...
Pakistan
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Lucky Cement to buy back its shares at market prices
The Board of Directors of Lucky Cement Ltd , in its meeting held on 28 April 2023, has approved and decided to recommend to the members of the company for their approval by pass...
Lucky Cement sales increased by 19% in 9MFY23
Lucky Cement Ltd has announced its financial results for the third quarter ending 31March 2023 and the 9MFY23. It reported a profit after tax of PKR11.13bn (US$39.2m) compared t...
Cement dispatches eroded in April due to Ramzan and Eid
According to Topline Securities, Pakistan’s total cement sales in April 2023 are expected to fall by 25-29 per cent MoM to reach 2.7-2.9Mt, with local dispatches likely to be do...
Power Cement and Dewan Cement announce financial results
Two more cement companies in Pakistan announced their financial results for the third quarter ending 31 March 2023, and 9MFY22-23. Power Cement reported an increase in profit by...
Pakistan's cement industry saw a mixed export revenue trend in 9MFY22-23 and March
Pakistan's cement industry saw a negative trend in export revenue on the back of a range of factors, including a slowdown in economic activity in Pakistan and overseas. Accordin...
Fauji Cement Co to become Pakistan's third-largest cement producer
Fauji Cement Co Ltd (FCCL) heads to become the third-largest cement producer with a total cement production capacity of 10.5Mta in Pakistan, according to AKD Research. FCCL comm...
Cement industry profits are impacted by burgeoning financing costs
Spectrum Research has reported that sluggish economic activities lead to a decline in Pakistan's construction materials demand, mainly cement and steel. The higher inflation and...
Fauji Cement reports 30% leap in profit in 9MFY22-23
Pakistan’s Fauji Cement Company has reported a 30.4 per cent YoY increase in profit in the nine months ended 31 March 2023 (9MFY22-23). Profit over the period came in at PKR6.97...
Maple Leaf Cement Factory sales advance 42% YoY
Pakistan’s Maple Leaf Cement Factory Ltd has reported consolidated sales of PKR17,038m (US$59.9m) in the quarter ended 31 March 2023. This compares to PKR11,990m in the same per...