Pioneer Cement profit shrinks by 52% in FY19
Pioneer Cement Ltd (PIOC) of Pakistan has announced its financial results for the year ended 30 June 2019 today. It earned a net profit of PKR790m (US$5m) as compared to PKR1.64...
Pakistan
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Pioneer Cement records 4% fall in revenue
Pakistan’s Pioneer Cement has reported a 3.8 per cent fall in revenue to PKR9.73bn (US$62.07m) in the FY19, compared with PKR10.12bn in the year-ago period. Operating profit dec...
September is a blessing for Pakistan cement producers
All Pakistan Cement Manufacturers Association (APCMA) has released September 2019 data, which indicates industry posted real growth as the total dispatches increased by 11.5 per...
Pakistan cement players profits tumble in FY19
The major cement firms reported fall in profit during FY19, says a report of Spectrum Securities Ltd. The research house report made on the review of eight top companies: DG Kha...
Cement companies' scripts attracting investors in Pakistan
A number of Pakistan cement sector companies listed on the Pakistan Stock Exchange (PSX) are performing well on heels of good news for the last two days. According to local rese...
Attock Cement's perceptions for Pakistan's cement industry
Top officials of Attock Cement Pakistan Ltd (ACPL) presented a pictorial review of Pakistan cement industry in local bourse house on 30 September. Muhammad Rehan, chief financia...
Kohat and Fecto Cement report fall in profit
Kohat Cement and Fecto Cement have announced their financial results for the year ended 30 June 2019. Both companies' profits declined, mainly due to increase in cost of sale an...
Pakistan cement production remains flat in July 2019
The data of large-scale manufacturing industries (LSMI) shows a negative trend in Pakistan's manufacturing sector in July 2019, including cement industry, says Pakistan Federal ...
Thatta Cement announces new chairman
Pakistan’s Thatta Cement Co Ltd has announced that a new chairman has been appointed. Naheed Memon will succeed Khawaja Muhammad Salman Younis in the role, with effect from 23 S...
Pakistan’s Peshawar High Court dismisses opposition to new cement plants
The Peshawar High Court of Pakistan dismissed writ petitions filed against the establishment of 16 cement factories. The petitioners sought a court order to declare that the pro...