DG Khan Cement sees reduced profit of PKR2.972bn in FY21-22
DG Khan Cement Co Ltd (DGKC) announced the financial result for the FY21-22, posting a profit after tax (PAT) of PKR2.972bn (US$12.7m) compared to PKR3.721bn in the same period ...
Pakistan
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Cherat Cement greenfield project likely to be delayed
The management of Cherat Cement Ltd informed that a letter of credit for the 8000-9000tpd greenfield project at Dera Ismail Khan in Khyber Pakhtunkhwa, Pakistan, has not been op...
Bestway Cement in profit slides during FY21-22
Pakistan-based Bestway Cement Ltd has reported a 11.6 per cent decline in company profit to PKR10.239bn (US$45.9m) in FY21-22 (July 2021-June 2022) from PKR11.577bn in FY20-21. ...
Cement capacity outpaces production in Pakistan
Pakistan's cement industry saw a fall of 3.6 per cent to 48.011Mt in cement production between July 2021 to June 2022 from 49.79 Mt produced in the year-ago period, says data re...
Pakistan cement market continues contraction in August
Pakistan Cement Manufacturers Association (APCMA) estimated a decline in Pakistan cement dispatches in August and July-August 2022 (2MFY21-22) as the country experiences economi...
Maple Leaf Cement reports 18.9% growth in profit during FY2022
Maple Leaf Cement Factory Ltd (MLCF) has informed Pakistan Stock Exchange (PSX) that the company declared its financial results for FY21-22 (July 2021-June 2022), whereby earnin...
Pakistan incurs huge losses due to flooding
The Pakistan government has initially estimated a loss of at least US$10bn caused by weeks of torrential rains and subsequent floods, which destroyed many houses and infrastruct...
Cherat Cement Co’s net profit rises 39% YoY
Cherat Cement Co Ltd (CHCC) announced its annual financial results for the year ended 30 June 2022 (FY21-22), on 25 August 2022, by declaring of net profit of PKR4.45bn (US$20.3...
Menzel Elektromotoren supplies replacement motor
Menzel Elektromotoren has built a replacement motor for a cement plant in Pakistan that can drive any one of three applications: the raw mill, another cement mill or a fan. The ...
Lucky Cement wins environmental award
Lucky Cement Ltd has won the Environment Excellence Award at the 19th Annual Environment Excellence Awards 2022, organised by The National Forum of Environment and Health (NFEH)...