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'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, outperforming the KSE100 index, which posted a 74.4% return during the same period. In FY24, the sector achieved an…
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 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 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…
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…
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…
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'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 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…
Fauji Cement Company Ltd. (FCCL) announced its 1QFY25 financial results, reporting its highest-ever quarterly earnings of PkR3.2bn (EPS: PkR1.3), compared to PkR2.6bn (EPS: PkR1.1) in SPLY. The 24%YoY earnings growth…
Pakistan’s leading cement producer, Lucky Cement Ltd, announced today that it had informed the Pakistan Stock Exchange of the successful completion and commissioning of a 28.8 MW captive wind power…
Lucky Cement Limited, Pakistan’s leading cement manufacturer, secured 1st position at the prestigious Best Corporate Report (BCR) Awards 2024, organized by the Institute of Cost and Management Accountants of Pakistan…
Due to increased cement prices due to irrational taxation and low demand, local despatches were further reduced by 18% and now stand at the level of 2017. Cement despatches declined…
Pakistan's local cement dispatches are likely to be down 20% year over year and up 3% Month over month, clocking in at around 2.83 million tons in September 2024. Local…
Amreli Steels Limited (ASTL) posted NLAT of PKR4.8Bn (LPS: PKR16.18) for 4QFY24, 4.9x and 6.2x the losses in QoQ and YoY respectively. The result was much lower than our estimate,…
MUGHAL announced its 4QFY24 recently, where the company recorded an unconsolidated profit of Rs608mn (EPS of Rs1.81), a 27% decline year over year. The result came in-line with expectations in…
Thatta Cement Company Limited (THCCL) - Sharply Improving Fundamentals; BUY with a PkR 133.6/sh target. We initiate Thatta Cement Company Limited (THCCL) coverage with a BUY rating. Our Jun 25…
Pioneer Cement Limited (PIOC) announced its FY24 financial results, posting earnings of PkR5.2bn (EPS: PkR22.8) for the year, compared to PkR2.6bn (EPS: PkR11.5) in the previous year, largely in line…
PIOC is anticipated to declare a profit after tax of PKR 1,162mn (EPS: PKR 5.12) in 4QFY24, reflecting a decline of 3% QoQ. Furthermore, FY24 earnings are predicted to reach…
Sri Lanka's slash duty on cement may boost exports from Pakistan. CemNet of the UK reported this. To facilitate uninterrupted imported cement and boost the construction industry, the Sri Lankan…
Maple Leaf Cement Factory Limited | MLCF – Result Preview 4QFY24 MLCF is anticipated to declare a profit after tax of PKR 1,289mn (EPS: PKR 1.20) in 4QFY24, reflecting an…
The unprecedented and extremely high tax measures, leading to a huge increase in cement prices, have led to a steep decline in cement demand. Cement despatches declined by 25.68% in…
KOHC is anticipated to declare a profit after tax of PKR 2,164mn (EPS: PKR 10.77) in 4QFY24, reflecting a 5% QoQ increase. Furthermore, FY24 earnings are predicted to reach PKR…
