Bestway Cement fires new kiln line at Mianwali plant
Company Secretary of Bestway Cement Ltd , Hassan Niazi, has informed Pakistan Stock Exchange (PSX) that the company has achieved the major milestone of lighting up the kiln at i...
Pakistan
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Fauji Cement to become Pakistan’s third-largest cement player
The Fauji Cement Company Ltd (FCCL) is currently undertaking two expansions to become the second-largest cement producer in the north of Pakistan and third-largest cement player...
Pioneer Cement’s profits shrink by 47% in FY21-22
Pioneer Cement Ltd earned a net profit after tax of PKR1.05bn (US$4.83m) in FY21-22 (July 2021-June 2022) compared to PKR1.97bn in the same period the previous year. This transl...
Power Cement Ltd posts US$2.03m loss in FY22
Power Cement Ltd has reported a loss after taxation of PKR443m (US$2.03m) in its 2022 financial year, compared to a profit of PKR358m in the corresponding period last year, said...
Local Pakistan and export dispatches fall during September
Pakistan's cement industry has recorded a YoY fall of 6.83 per cent in dispatches during September 2022, with total cement dispatches (local and exports) shrinking to 4.276Mt fr...
Fecto Cement reports 37% revenue growth
Fecto Cement ’s net sales revenue in the 2022 financial year came in at PKR6775m (US$30.8m), compared to PKR4961m in the previous year, marking a YoY increase of 36.56 per cent....
Thatta Cement dispatches up 68% YoY
Pakistan's Thatta Cement has reported net sales of PKR4.26bn (US$19.3m) in the 2022 financial year (ended 30 June, 2022), compared to PKR2.43bn in the previous year. Gross profi...
Dewan Cement appoints new CFO
Pakistan's Dewan Cement has appointed Hazrat Ali as its chief financial officer. He succeeds Imran Ahmed Javed. The cement producer currently operates two plants in Pakistan - a...
Flying Cement to install 21MW power plant for Line 2
Company Secretary of Flying Cement Co Ltd, Shahid Ahmad Awan has informed Pakistan Stock Exchange (PSX) that the Board of Directors of the company, in their meeting on 3 October...
Thatta Cement receives an offer to explore minerals
Thatta Cement has informed Pakistan Stock Exchange (PSX) that the Director General Mines and Minerals of Baluchistan has granted a provisional offer to Thatta Cement to explore ...