The Board of Directors of Amreli Steel Limited (ASTL) recently approved an investment to install facility for production of ADC12 Aluminum Alloy Ingots, which is widely used alloy to produce…
D.G. Khan Cement Company has estimated that cement markets are likely to suffer in FY23 due to budget constraints, which suggests growth next year will be negative or single-digit. Moreover,…
Provisional cement data for Jun'22 depicts a rise of 2% YoY to 5.30mn tons, and domestic dispatches recorded an uptick of 9% YoY to 5.07mn tons. Meanwhile, exports shrunk by…
DG. Khan Cement Company Limited (DGKC) has informed Pakistan Stock Exchange (PSX) on June 21 that D.G. Khan Cement Company Limited ("the Company") has signed an agreement and established a…
Syedain Raza Zaidi, Chairman, Karachi Port Trust (KPT), has announced that bulk carrier Tomini Felicity is still loading cement at KPT in 1.5t jumbo bags destined for Houston, Texas USA.…
Cement dispatches declined by 15.85 percent in May 2022. Total Cement dispatches during May 2022 were 3.32 million tons against 3.94 Million Tons dispatched during the same month of last…
Pakistan cement sales are expected to contract by 17% MoM to 2.92mn tons with local dispatches likely to be down by 19% MoM mainly due to Eid holidays and economic…
Agha Steel Industries Limited, a leading Steel manufacturing company has signed an agreement with Saima Group for exclusively providing Green Electric Arc Furnace Technology steel rebars to its first of…
A symposium was recently organized at a local hotel in Islamabad by the Federal Board of Revenue (FBR) to discuss the implementation and progress of the Track & Trace System…
Cement dispatches declined by 28.6 percent in April 2022. Total Cement dispatches during April 2022 were 3.52 million tons against 4.94 Million Tons dispatched during the same month of last…
Pioneer Cement Ltd (PIOC) has posted a NPAT of PKR485mn (EPS: PKR2.14) for 3QFY22, down 29% yoy and 27% qoq. The result has come in lower than our estimated NPAT…
Maple Leaf Cement said that the Company had started its capacity enhancement project, i.e. Line 4 (7000 tpd), at its existing plant site. The construction work is in progress at…
Crescent Steel and Allied Products Limited have stated that during the nine months ended 31 March 2022 (9MFY22), the Company's after-tax profit amounted to Rs 817.9 million compared to an…
MUGHAL has posted a NPAT of PKR0.8bn (EPS: PKR2.50) for 3QFY22, down 24% yoy and 54% qoq. This takes 9MFY22 NPAT to PKR4.4bn (EPS: PKR13.02), up 74% yoy. The 3Q…
On a consolidated basis, Lucky Cement Limited reported the profit after tax to date of PKR 26.53 billion of which PKR 5.81 billion is attributable to non-controlling interests for the…
MUGHAL is slated to announce its 3QFY22 result (28th Apr'22), where we expect the company to register NPAT of PkR1.7bn (EPS: PkR4.95) vs PkR1.1bn (EPS: PkR3.31) in 3QFY21. This will…
Lucky Cement Limited (LUCK) is scheduled to announce its 3QFY22 financial result on Apr 27th, 2022, whereby we expect the company to post a profit after tax (PAT) of PKR…
DG Khan Cement Company Limited (DGKC) announced the financial result for 3QFY22 today, posting a profit after tax (PAT) of PKR 1,442mn (EPS: PKR 3.29) compared to PKR 2,048mn (EPS:…
Pakistan's leather industry exports revenues maintained double-digit growth during the first nine months of FY22 (July – March 2022). The leather industry export revenue has surged to US$735.099 million in…
International Steels Ltd (ISL) has posted NPAT of PKR1.1bn (EPS: PKR2.60) in 3QFY22, down a sharp c.30% qoq and c.50% yoy. This takes 9MFY22 EPS to PKR12.31, down c.22% yoy.…
Maple Leaf Cement Factory Limited (MLCF) announced the financial result for 3QFY22 today, posting a consolidated Profit after Tax (PAT) of PKR 1,563mn (EPS: PKR 1.42) compared to PKR 1,223mn…
ACPL is scheduled to announce its financial result for 3QFY22 on Apr 21st, 2022, whereby we expect the company to post a profit after tax of PKR 290mn (EPS: PKR…
ASTL is slated to announce its 3QFY22 result (21st Apr'22), where we expect the company to record NPAT of PkR582mn (EPS: PkR1.96) vs NPAT of PkR503mn (EPS: PkR1.69) in 3QFY21.…
Maple Leaf Cement Factory Limited (MLCF) will be holding its board meeting today to announce 9MFY22 result where we expect unconsolidated EPS of PkR3.2 for 9MFY22, down 36%YoY. Unconsolidated EPS…
MLCF is scheduled to announce its financial result for 3QFY22 on Apr 19th, 2022, whereby we expect the company to post a profit after tax of PKR 1,99mn (EPS: PKR…
