Bestway Cement donates PM's Corona Fund
Muhammad Irfan A Sheikh, CFO of Bestway Cement Ltd, met Pakistan's Prime Minister, Imran Khan on 20 April and contributed PKR205m (US$1.28m) in PM's Corona Fund on behalf of the...
Pakistan
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Net FDI to Pakistan continues to contract in cement and construction in 9MFY20
The State Bank of Pakistan (SBP) has released foreign direct investment (FDI) data for the nine months of the current financial year 2019-20 and March 2020. It shows that the co...
Coronavirus impacts Pakistani cement trade
The exports of clinker and cement from Pakistan to Afghanistan, Bangladesh, Sri Lanka and rest of the world have been impacted by the lockdown, curfew and other measures to stop...
Fauji Cement 9M profit drops 88%
Pakistan-based Fauji Cement Co Ltd (FCCL) saw its 9MFY19-20 profit, for the period ended 31 March 2020, fall 88 per cent to PKR271m (US$1.7m) when compared with the year-ago per...
No coronavirus impact on cement revenue in 9MFY20 but March data dispersed in Pakistan
The Federal Bureau of Statistics of Pakistan has released cement export data for the nine-month period of July 2019-March 2020 (9MFY19-20). It carries more or less same trend of...
DG Khan resumes operations at Khairpur
Pakistan-based DG Khan Cement Co has resumed production at its Khairpur cement plant in Chakwal, said the company in a statement to the Pakistani Stock Exchange on Friday. Opera...
Five Pakistan cement producers to release 3Q results amid coronavirus pandemic
Pakistan's leading cement companies are scheduled to announce on 23 April their financial results for the 3QFY19-20 ended 30 March 2020. Analysts anticipate mixed results, carry...
Top management changes at Fauji Cement in Pakistan
Fauji Cement Company Ltd (FCCL) has made top important changes in management, earlier this week, according to formal bourse filling to the Pakistan Stock Exchange (PSX). Waqar A...
State Bank of Pakistan reviews cement industry performance in 1HFY20
The State Bank of Pakistan has released its second quarterly report of FY20 (July 2019-June 2020) on the state of Pakistan's economy on 14 April. The report reviewed the perform...
Pakistan resumes cement and construction activities
Pakistan's government has taken the bold decisions to open selected local and export-oriented industries (including cement) in a meeting of the National Command and Operation Ce...