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
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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)...
Attock Cement makes loss after super tax
Attock Cement Pakistan Ltd (ACPL) has announced its financial result for 4QFY21-22 (April-June 2022), posting a loss after tax of PKR59m (US$274,781) compared to a profit after ...
Steep fall in Pakistan cement exports in July 2022
Pakistan began the new fiscal (July 2022) by registering lower cement and clinker exports in value and volume terms, with declines seen on both a MoM and YoY basis. Experts attr...
Pakistan's cement prospects Premium
Over the course of the 9MFY21-22 Pakistani producer profitablity has been supported by price retention and local demand, but falling exports and rising commodity prices are a ca...
Lucky Cement's domestic capacity to rise to 15.3Mta
Lucky Cement Ltd announced its financial results for the 4QFY21-22 (April-June 2022) on 5 August 2022 and held a corporate briefing session at the Pakistan Stock Exchange (PSX) ...
Margins affected by 10% super tax
Pakistan cement companies listed on the Pakistan Stock Exchange (PSX) are scheduled to announce their financial results for FY21-22 in August-September. The cement industry has ...