DGKC’s 3QFY24E earnings are expected to clock in at PkR1.49/sh
The board of DGKC will announce its 3QFY24E result on Friday. We expect the company to post a PAT of PkR653mn (EPS: PkR1.49) compared to earnings of PkR403mn (EPS: PkR0.92)…
The board of DGKC will announce its 3QFY24E result on Friday. We expect the company to post a PAT of PkR653mn (EPS: PkR1.49) compared to earnings of PkR403mn (EPS: PkR0.92)…
FCCL is expected to announce its 3QFY24E results on Apr 23rd, wherein we expect the company to post NPAT of PkR1.8bn (EPS: PkR0.73) vs. earnings of PkR2.7bn (EPS: PkR1.1) in…
According to Arif Habib Ltd Sales, today's strong moves in the cement sector saw the KSE-100 push further into unchartered territory. 67 stocks rose while 24 fell, with ENGRO PA…
Pakistan cement producer and exporter - Power Cement Ltd has dispatched its first shipment to the USA. This shipment follows the start of exports to Europe. On 27 December 2023,…
Cement dispatches increased by 3.85% in Mar 2024. Total Cement dispatches during Mar 2024 were 3.941 million tons against 3.795 Million Tons dispatched during the same month of last fiscal…
Cement dispatches declined by 19.22 % in February 2024. Total Cement dispatches during February 2024 were 3.259 million tons against 4.035 Million Tons dispatched during the same month of last…
The Kohat Cement Factory's net profit after tax jumped by 19 per cent to PKR4.45bn during 1HFY24. However, local dispatches fell by 8.05 per cent to 1.418Mt, but exports swelled…
Amreli Steels Limited (ASTL) reported a NLAT of PKR462mn (LPS: PKR1.55) in 2QFY24, compared to an NLAT of PKR173mn (LPS: PKR0.58) in the previous quarter. The result was worse than…
According to IMS Research, Mughal Iron & Steel (MUGHAL) has posted 2QFY24 NPAT of PKR773mn (EPS: PKR2.30), up 64% YoY and 50% QoQ. The result was significantly higher than the…
Maple Leaf Cement (MLCF) has posted a consolidated NPAT of PKR2.2bn (EPS: PKR 2.09) for 2QFY24, up 38% QoQ but down 23% YoY. The reported EPS is slightly higher than…
Cherat Cement Company Limited (CHCC) announced their 2QFY24 result, where the company posted highest ever quarterly earnings of PkR1.9bn (EPS: PkR9.6) vs. PAT of PkR1.5bn (EPS: PkR7.9) in the quarter…
Cement despatches declined by 14.79% in January 2024. Total Cement despatches during January 2024 were 3.414 million tons against 4.006 million Tons despatched during the same month of last fiscal…
International Steels Limited informed the Pakistan Stock Exchange (PSX) on January 29 that the Company's Board of Directors has approved undertaking a 6.4 MW Solar Power Project at its Karachi…
The All Pakistan Cement Manufacturers Associations (APCMA) has yet to issue January 2024 cement dispatch data about local consumption and export. However, Topline Pakistan Research has forecasted that Pakistan's total…
Topline Cement Universe is expected to post core profitability growth of 10% YoY to Rs12.6bn in 2QFY24 due to improvement in gross margin and higher other income. Net sales are…
The All Pakistan Cement Manufacturers Association (APCMA) has released data indicating that Pakistan's cement industry's dispatches increased by 4.63% in December 2023 to 4.06 million tonnes compared to 3.881 million…
Power Cement, a leading name in the cement industry, marks a significant milestone as it successfully enters the European market by exporting its high-quality cement to the United Kingdom. This…
Pakistan's cement industry saw a 48.28 per cent growth in the export of cement/clinker during the first five months of FY23-24 (July-November 2023) to US$114 (2.93Mt) from US$76.87m (1.54Mt) in…
Pakistan's cement industry saw a fall of 2.12% in dispatches during Nov 2023, when total cement dispatches reached 3.924 million tons against 4.009 Million Tons dispatched during the same month…
Fauji Cement Company Limited (FCCL) has successfully commissioned its Greenfield Cement Manufacturing Plant, which has a production capacity of 6,500tpd of clinker at Shadan Lund, District Dera Ghazi Khan, south-western…
Topline Securities hosted a Corporate Briefing Session (CBS) for DG Khan Cement (DGKC), where senior management discussed the company's recent financial performance and future outlook. According to the management, local…
The management of Amreli Steels Limited held a corporate briefing session on 16th Nov'23 to discuss the financial result of FY23 and future outlook. Brief Takeaways To recall, the company…
Kohat Cement Company Ltd. (KOHC) held its analyst briefing earlier today to apprise investors on their FY23 & 1QFY24 results and future outlook. Here are the key highlights: · To…
Cement dispatches declined by 5.78% in Oct-23. Total Cement dispatches during Oct-23 were 4.007 million tons against 4.253 million tons dispatched during the same month of last fiscal year. According…
Pioneer Cement Limited (PIOC) announced its 1QFY24 results today, with the company posting NPAT of PkR934mn (EPS: PkR4.11) compared to a loss of PkR100mn (LPS: PkR0.44) in the previous quarter.…