DG Khan Cement reports 7% rise in revenue
Pakistan’s DG Khan Cement has announced a net profit of PKR2.24bn (US$14.45m) in the first quarter of 2021, compared to a PKR1.07bn loss in the year-ago period. For the 9MFY20-2...
Pakistan
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Power Cement posts surge in revenue
Pakistan’s Power Cement has seen its revenue surge 341 per cent to PKR10.96bn (US$71.39m) in the nine-month period ended 31 March, compared to PKR2.65bn in the year-ago period. ...
Pakistan records diversified export and production results
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-March 2021 and July 2020-February 2021 periods. It shows dive...
Kohat Cement returns to profit in 3Q
Pakistan’s Kohat Cement has posted a net profit of PKR1.059bn (US$6.92m) in the quarter ending 31 March 2021, compared with a PKR381.08m loss in the same period last year. Total...
Maple Leaf Cement Factory increases clinker capacity
Pakistan’s Maple Leaf Cement Factory has expanded clinker capacity at Line 3 of its Iskandarabad plant in Punjab. The brownfield project has boosted the line’s capacity by 500tp...
Dewan Cement appoints new director
Pakistan’s Dewan Cement has appointed Nida Jamil as a director of the company, with effect from 5 April 2021. Ms Jamil has been appointed in place of Waseem-ul-Haque Ansari, acc...
Pakistan sees 44% rise in demand for March
Pakistan’s cement sector posted its highest-ever monthly growth of 44.4 per cent YoY for March 2021, rising to 5.773Mt from 3.722Mt in the year-ago period on the back of an incr...
Maple Leaf Cement Factory awards a contract for Punjab brownfield project
Maple Leaf Cement Factory Ltd (MLCFL) has signed a contract with plant supplier Chengdu Design & Research Institute of Building Materials Industry Co Ltd, China, for the supply ...
Cement export from Pakistan remains fragile in 8MFY21
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-February 2021 and July 2020-January 2021 periods, respectivel...
Pakistan cement sales expand 2% in February
Total cement sales in Pakistan edged up two per cent YoY to 4.6Mt in February 2021, showing sharply decelerating market growth when compared with January, when the market expand...