Lucky Cement builds schools and vocational centres
Lucky Cement Ltd has announced the successful completion of its project to build a school in collaboration with The Citizen Foundation in Pezu, Khyber Pakhtunkhwa. The Abdul Raz...
Pakistan
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ABAD of Pakistan send SOS to save the construction industry
The Association of Builders and Developers of Pakistan (ABAD) expressed its concern about the high and burgeoning prices of steel bars in the country and the ultimate effect on ...
Maple Leaf Cement becomes Pakistan's fourth largest producer
Maple Leaf Cement Factory Ltd ( Kohinoor Textile Mills Ltd group ) has become the fourth-largest grey cement producer in Pakistan after its capacity now stands at 7.9Mta after t...
PSX listed cement companies release financial results for 1HFY23
Cement companies listed in the Pakistan Stock Exchange (PSX) continue to report mixed financial results for the 1HFY22-23 (July-December 2022) of the current financial year FY22...
APCMA releases mixed dispatches data for Feb 2023
Pakistan’s local cement dispatches fall and exports rise in February. Commenting on the trend of dispatches, a spokesman of the All Pakistan Cement Manufacturers Association (AP...
Experts expect a fall in Pakistan’s cement dispatches
Pakistan’s total cement industry dispatches in February 2023 are likely to reach 3.8-4Mt, down 8-12 per cent YoY with local dispatches expected to be down by 10-14 per cent YoY....
Fecto Cement posts 35% revenue growth
Pakistan’s Fecto Cement Ltd has reported revenue of PKR4145m (US$15.15m) in the six months ended 31 December 2022, marking a YoY increase of 34.8 per cent. Local sales revenue w...
Pakistan manufacturers post strong 1HFY22-23 financial results
According to the Pakistan Stock exchange (PSX), Pioneer Cement Ltd (PIOC) earned a profit of PKR1.76bn (US$6.81m) in 1HFY22-23 compared to PKR1.14bn made in the previous year’s ...
Three Pakistan producers post profits in 1HFY22-23
Three of Pakistan’s cement factories have posted a profit in operation between July and December of FY22-23 (1HFY22-23). However, double-digit inflation, a hike in interest rate...
Pakistan cement industry's exports fall in 7MFY22-23
Pakistan’s cement industry saw a negative export revenue trend on overseas dispatches in the 7MFY22-23 (July-January 2023), according to the country’s Federal Bureau of Statisti...