Pakistan

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Dewan Cement appoints new director

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 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...

Pakistan cement sales expand 2% in February

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...

Dewan Cement sees 77% fall in turnover

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

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

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

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...