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…

Fauji Cement Co Ltd posted its financial results for 4QFY24 and FY24 on the Pakistan Stock Exchange’s website on 27 August 2024. The company earned a profit after tax of…

BMA Research has released tentative cement dispatch data for August 2024. Experts believe local cement dispatches will decline by 32 per cent annually. The All Pakistan Manufacturers Association (APCMA) has…

International Steels Limited (ISL) announced its financial results for 4QFY24 today. The company recorded earnings of PkR 0.59bn (EPS of PkR 1.37) vs. PkR 1.94bn (EPS of PkR 4.46) in…

Attock Cement Pakistan Ltd has informed Pakistan Stock Exchange Limited (PSX) further to the company’s intimations dated April 28, 2023, and June 21, 2023, regarding the Agreement for the sale…

Pakistan's steel industry continues to face demand challenges amid high finance costs. A local research house, IMS Research, has studied the main players in the steel industry and estimated incoming…

§  In a major development today, Punjab-based manufacturers have obtained a stay order from the court against the imposition of 6% of the ex-factory cement/clinker price as royalty on Limestone…

Lucky Cement Ltd. (LUCK) reported its highest-ever quarterly standalone earnings of PkR9.5bn (EPS: PkR32.3), taking full-year standalone earnings to PkR28.1bn (EPS: PkR95.9) - also the highest-ever. The result exceeded our…

LUCK anticipates declaring a profit after tax of PKR 6,158mn (EPS: PKR 20.10) in 4QFY24, reflecting a 138% QoQ increase. Furthermore, the earnings for FY24 are predicted to reach PKR…

Pakistan's cement industry recorded a 6.81% decline in dispatches in July 2024. Total Cement despatches during July 2024 were 3.010 million tons, compared to 3.230 Million Tons despatched during the…

In a notice circulated by the Government of Punjab, dated August 01, 2024, rates of royalty on raw material for cement manufacturers have been determined at 6% of the ex-factory…

Dealers in Pakistan are planning to go on strike, which may significantly impact the sales and distribution of cement in Pakistan. The strike is in response to negative Federal Budget…

Khalid Tawab, Chairman of the Iron & Steel Merchants Association, warned that the Pakistani economy is at risk and industries are on the verge of collapse due to uncompetitiveness with…

Cement despatches declined by 12.58% in June 2024. Total Cement despatches during June 2024 were 3.552 million tons against 4.063 Million Tons despatched during the same month of last fiscal…

Topline Pakistan Research believes that Lucky Cement (LUCK)  is heading for growth through business diversification. The analyst recommended a buy call for it. We reiterate our “BUY” stance on Lucky…

Pakistan's local cement dispatches will likely be down 19-21% YoY and 16-18% MoM to clock in at around 2.78mn tons in June 2024. Local cement dispatches on a YoY basis…

The cement industry in Pakistan faced significant challenges in FY24, as reported by the central bank. The financial year data represents ten months. The State Bank of Pakistan (SBP) released…