Economic survey reviews Pakistan cement industry for FY19-20
The Pakistan government has released its economic survey for FY19-20 on the eve of the Federal Budget FY20-21. The survey reviews government incentives for the cement industry, ...
Pakistan
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Return to prosperity forecast for Pakistan's cement sector
Pakistan's cement industry is likely to prosper in the coming months, due to some positive developments at the local and international level, anticipated by three of Pakistan's ...
Pakistan dispatches drop in May, slip in 11MFY19-20
All Pakistan Cement Manufacturers Association (APCMA) released local/overseas dispatches data for May and the 11MFY19-20. May 2020 Total cement dispatches (domestic + export vol...
Flying Cement reports 96% fall in sales
Pakistan’s Flying Cement Co saw a 95.9 per cent fall in sales to PKR35.62m (US$217,705) in the January-March period of 2020, compared to PKR858.47m in the year-ago period. The c...
Fauji Cement appoints CEO/MD and makes resource sharing agreement with Askari Cement
Fauji Cement Co Ltd (FCCL) informed Pakistan Stock Exchange (PSX) on 28 May 2020 that due to expiry of employment contract of Lt Gen Muhammad Ahsan Mahmood, HI (M) (Retd), CEO/M...
Cement exports from Pakistan drops due to COVID-19 in 10MFY20
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the 10 months of July 2019 to April 2020. It visibly carries the impact of coronavirus on ...
Encouraging developments for Pakistan's cement industry
Pakistan's cement industry saw several encouraging development last week, including the news about the implementation of Diamer Basha Dam project, reduction of interest rates by...
Pakistan's April dispatches hit by COVID-19
All Pakistan Cement Manufacturers' Association (APCMA) released dispatch figures for April 2020 and cumulative 10MFY19-20, showing mixed impact of COVID-19. Cement dispatches in...
Gharibwal Cement announces 11% fall in net sales
Pakistan’s Gharibwal Cement has announced a 10.9 per cent YoY fall in net sales to PKR7.37bn (US$46.09m) in the 9MFY19-20 ended 31 March 2020, compared to PKR8.28bn in the year-...
Pakistan’s Dadabhoy Cement Industries Ltd narrows 9M loss
Pakistan-based Dadabhoy Cement Industries Ltd reported an operating loss of PKR1.73m (US$10,796m) in the nine-month period ended 31 March 2020, compared to an operating loss of ...