MUGHAL achieved a topline of PkR46.8bn in 1HFY25
Mughal Iron & Steel Industries Ltd (MUGHAL) held its analyst briefing recently to discuss 1HFY25 financial results and future outlook: The company's topline was PkR46.8bn in 1HFY25, up 1% YoY,…
NRL discovers significant Copper-Gold Mineralization in Chagai, Balochistan
National Resources Limited (NRL) has discovered significant copper-gold mineralization in Chagai, Balochistan. Muhammad Ali Tabba, Chairman of NRL and CEO of Lucky Cement Limited, announced this today while addressing the…
Cement local dispatches continued downward momentum during March 2025
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement despatches by the industry during March 2025 were 2.961 million tons compared to 3.338 million tons…
Increase in royalty on cement in KPK proposed, may negatively impact sector
In a recent meeting, the Minerals Development Department of Khyber Pakhtunkhwa (KPK) proposed to increase the royalty on cement. Currently, the royalty is ore-based at PKR 250/ton. The proposal aims…
Pakistan cement sector posted strong results in 2QFY2024-25
AHCML Research has reviewed the financial results of different cement firms listed on the Pakistan Stock Exchange (PSX) for the periods of 2QFY2024-25 and 1HFY2024-25. According to the analyst, the…
Pakistan’s cement sector domestic sales continued to suffer in February 2025
Domestic cement despatches that, after many months of negative momentum, showed a m-o-m (month over month) increase by 11.64% during January 2025, didn’t pick up as expected during February 2025.…
KSE-100 Cement sector’s profitability – During 1HFY25: profitability increased by 36% YoY
The cement sector (KSE100) saw a 36% YoY increase in profitability during 1HFY25, reaching PKR 56.0bn, up from PKR 41.1bn in the same period last year. Sales for the sector's…
Pakistan Cement Sector – Local cement dispatches set to increase by 6% YoY in Feb-25
Pakistan's local cement dispatches are likely to increase by 6% year over year but decline by 8% Month over Month, reaching 3.04 million tons in February 2025. Local cement dispatches…
Lucky Cement installled a 28.8MW captive wind power project at South plant
Lucky Cement Ltd. (LUCK) held its corporate briefing on Feb 21 to discuss 1HFY25 financial results and future outlook. Key highlights from the event are as follows: To recall, company…
LUCK announces a 5 for 1 stock split
Lucky Cement Limited (PSX Symbol: LUCK) announced a 5 for 1 stock split through its notice to PSX on February 21, 2025. The said recommendation was made in its Board…
FPCCI supports the proposed tax incentives for the Real Estate Sector
Mr Atif Ikram Sheikh, President of FPCCI, has appreciated the proposed tax measures to facilitate the general public's investments in real estate and construction. The 4 percent tax rate on…
Cement dispatches saw an increase of 11.64% in Jan 2025
According to the data released by the All Pakistan Cement Manufacturers Association (APCMA), local cement despatches by the industry during January 2025 were 3.313 million tons compared to 2.967 million…
International Steels posts mixed results: IMS Research
ISL reported a 2QFY25 NPAT of PKR355mn (EPS: PKR0.82), doubling QoQ but a sharp 71% YoY decline. Cumulative NPAT for 1HFY25 plummeted to PKR534mn (EPS: PKR1.23), down 77% YoY. The…
Attock Cement Pakistan – Expected result preview 2QFY25
ACPL is anticipated to declare a profit after tax of PKR 154.8mn (EPS: PKR 1.127) in 2QFY25, reflecting a 150% QoQ increase. During the quarter, Sales are expected to reach…
APCMA: Domestic cement despatches declined by 4.76% during December 2024
According to the data released by the All Pakistan Cement Manufacturers Association (APCMA), local cement despatches by the industry during December 2024 were 3.370 million tons compared to 3.539 million…
Pakistan local cement dispatches set to dip 4% MoM in Dec-24
Pakistan's local cement dispatches will likely go down 10% YoY and 4% MoM to clock in at around 3.19 million tons in Dec-2024. Local cement dispatches are down year over…
The cement sector has delivered a return of 84.3% during CY24TD
The cement sector has delivered a return of 84.3% during CY24TD, outperforming the KSE100 index, which posted a 74.4% return during the same period. In FY24, the sector achieved an…
APCMA: Marginal increase in domestic cement despatches during November 2024
Cement despatches increased by 5.58% in November 2024. Total Cement despatches during November 2024 were 4.146 million tons against 3.927 Million Tons despatched during the same month of last fiscal…
Mughal Iron & Steel Industries planned BMR for next year aims to upgrade the existing re-rolling facility
Mughal Iron & Steel Industries Ltd (MUGHAL) held its analyst briefing earlier today to discuss FY24 financial results and future outlook: · Company achieved a record topline of PkR92.4bn in FY24,…
Kohat Cement is installing a new 10MW solar plant to supplement its existing 10MW solar capacity
Kohat Cement Company Limited (KOHC) held its corporate briefing today to discuss the financial results of FY24 & 1QFY25 and its future outlook. Key highlights of the briefing are as…
Lucky Cement is entering the copper and gold mining sector: IMS Research
LUCK held its corporate briefing today to discuss its operational and financial performance for 1QFY25. The company posted a consolidated NPAT of PKR19.8bn (EPS: PKR61.18), flat YoY, despite weaker domestic…
The outlook for cement exports from Afghanistan is positive, according to CHCC.
According to IMS Research, the CHCC held its corporate briefing session today to review its operational and financial performance for FY24. The company reported a consolidated EPS of PKR28.31 for…
Local cement despatches were almost flat during October 2024: APCMA
Total Cement despatches during October 2024 were 4.357 million tons, compared to 4.006 Million Tons despatched during the same month of last fiscal year, marking an increase of 8.74%. Healthy…
Pakistan local cement dispatches likely to be up by 3% MoM in Oct
Pakistan's local cement dispatches will likely increase by 3% Month over Month to 2.99mn tons in October 2024. Dispatches are anticipated to decline by 9% year over year. Our analysis…
Mughal Iron & Steel Industries upgrades its re-rolling mill
Mughal Iron & Steel Industries Ltd. (MUGHAL) reported a consolidated NLAT of PKR24mn (LPS: PKR0.07) for 1QFY25, compared to an NPAT of PKR515mn SPLY. While results exceeded expectations due to…