Cement export revenue totals US$150m in 10MFY22-23
The cement industry in Pakistan experienced a mixed trend in export revenue during the first 10 months of the current financial year, which runs from July 2022 to June 2023. Whi...
Pakistan
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DG Khan Cement to diversify into new cement export markets
Pakistan-based DG Khan is diversifying cement operations into new export markets, further enhancing the company's revenue mix. It recently delivered a 0.6Mt export order to the ...
Pakistan cement production output fall in 9MFY23
The political unrest, fragile economy, high-interest rates and inflation are now reflected in the production data of large Pakistan-industry industries. On top of this, restrict...
A score of cement companies mixed financial results in 9MFY22-23
Several of Pakistan’s cement firms have presented their financial result for the 3QFY22-23 and 9MFY22-23 in April/May 2023. During the accounting period of nine months, they rep...
Attock Cement to sell its 60% share in Iraqi plant
Attock Cement Pakistan Ltd (ACL) is expected to hold an Extraordinary General Meeting (EGM) of the shareholders on 25 May 2023, to consider and, if deemed fit, to pass a resolut...
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...
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...