Pioneer Cement’s profits shrink by 47% in FY21-22
Pioneer Cement Ltd earned a net profit after tax of PKR1.05bn (US$4.83m) in FY21-22 (July 2021-June 2022) compared to PKR1.97bn in the same period the previous year. This transl...
Pioneer Cement
54 posts · Page 4 of 6
Margins affected by 10% super tax
Pakistan cement companies listed on the Pakistan Stock Exchange (PSX) are scheduled to announce their financial results for FY21-22 in August-September. The cement industry has ...
Bangladesh's cement sector sees signs of recovery in demand
Premier Cement of Bangladesh has reported that the cement sector has been showing some signs of recovery for the last two months, despite the coronavirus pandemic. The sector ha...
Pioneer Cement appoints new CEO, posted loss during 1HY19
Pioneer Cement Ltd (PIOC) has announced its financial results for the half year ended 31 December 2019. It reported a loss after taxation of PKR111.66m (US$0.72m) compared to pr...
Pioneer Cement signs limestone development agreement in Georgia
Raysut Cement's UAE subsidiary, Pioneer Cement, has signed an agreement for the development of a limestone mine in Georgia. Under the 10-year deal SFL International will pay a r...
Pioneer Cement's new kiln line starts production
Pioneer Cement Ltd (PIOC) has informed Pakistan Stock Exchange (PSX) that the company successfully ignited its new 10,000tpd kiln line. Company Secretary, Abdul Wahab, said ceme...
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...
Pioneer Cement backtracks on Galadari Cement acquisition
Pioneer Cement Ltd (PCL) has withdrawn its interest to buy a local cement production facility that is under construction. Abid Wahab, company secretary of PCL in a written commu...
Pioneer Cement announces 28% fall in net profit
Pakistan’s Pioneer Cement Limited (PCL) has announced a 28.1 per cent YoY decrease in net profit to PKR825m (US$5.82m) for the nine months ended 31 March, compared to PKR1.14bn ...
Pioneer Cement to begin RDF usage
UAE-based Pioneer Cement, a subsidiary of Raysut Cement, has signed an agreement with Emirates RDF that will lead to the use of fuel derived from household waste in its producti...