Pakistan cement companies show significant profits during 2QFY20
Pakistan’s top cement manufacturers recorded significant profitability with improved margins during the last quarter of 2020. The experts believe this trend is likely to continu...
Pakistan
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Dewan Cement sees 77% fall in turnover
Pakistan’s Dewan Cement Ltd has seen a 76.5 per cent YoY decline in net turnover to PKR948.17m (US$5.97m) for the first half of the FY20-21, compared with PKR4.04bn in the year-...
DG Khan Cement sees 161% rise in profit
Pakistan’s DG Khan Cement recorded a 160.8 per cent surge in profit to PKR1.3bn (US$8.17m) for the quarter ending 31 December 2020, compared with PKR500.7m in the year-ago perio...
Fauji Cement sees sales up 15% YoY
Pakistan’s Fauji Cement has seen a 378 per cent rise in profit to PKR905.2m (US$5.69m) for the October-December 2020 period, supported by higher retention prices. Sales also adv...
New cement capacity in Punjab planned
Fauji Cement and DG Khan Cement plan new capacity in Punjab, Pakistan. Top industry officials believed that construction activity is picking up, and that there will be a signifi...
Power Cement records surge in revenue
Pakistan’s Power Cement Ltd has seen its revenue surge to PKR6.85bn (US$43.1m) in the first half ended 31 December 2020, compared to PKR1.24bn in the year-ago period. Gross prof...
Kohat Cement to set up Punjab cement plant
Kohat Cement Co Ltd has announced that its Board of Directors have approved, subject to all regulatory approvals, setting up a 7800-10,000tpd cement manufacturing plant (along w...
Flying Cement completes Punjab WHR plant
The Flying Cement Co Ltd updated the Pakistan Stock Exchange (PSX) that it has achieved another key milestone. Company Secretary, Shahid Ahmad Awan, stated that the company has ...
Pakistan's cement dispatches rise 16% in January
Pakistan's cement factories recorded a growth of 16.3 per cent in cement dispatches during January 2021 when total cement dispatches reached at 4.73Mt against 4.07Mt in the same...
Lucky Cement announces 3.15Mta Pezu expansion
Pakistan’s Lucky Cement Ltd has announced a further expansion to its Pezu plant on the back of positive results from the domestic cement sector. "Keeping pace with the increasin...