MUGHAL is scheduled to release its 4QFY23 earnings sometime in August, where the company is expected to post a PAT of PkR597mn (EPS: PkR1.78) vs. PkR1.30bn (EPS: PkR3.89), falling by…

Lucky Cement Limited (LUCK) has posted its FY23 results, surprising the market with a cash dividend of PkR18.0/sh. In 4QFY23, the company reported unconsolidated earnings of PkR2.6bn (EPS: PkR8.3), marking…

Pakistan recorded a massive growth of 57.44 per cent in cement dispatches in July 2023, when total cement dispatches made a figure of 3.212 Mt against 2.040 Mt dispatched during…

All Pakistan Cement Manufacturers Association Cement (APCMA) have released dispatch data for June and July - June 2023. It showed a decline of 22.80% in Jun-23 when total Cement despatches…

Agha Steel Industries, a prominent name in the steel manufacturing sector, has recently collaborated with Mount Khalid to supply their cutting-edge Green G80 Ultra High Strength Rebars. This partnership marks…

Cement despatches increased by 19.41% in May 2023. Total Cement despatches during May 2023 were 3.966 million tons against 3.321 Million Tons despatched during the same month of last fiscal…

Agha Steel, Pakistan's leading steel manufacturer, proudly announces the launch of Agha Arcon Eco-Friendly Grade 80 Steel Rebars, a game-changing innovation to transform the construction industry. This groundbreaking product showcases…

Pakistan's leading cement manufacturer Lucky Cement Limited is pleased to announce its strategic move to enhance clinker production capacity in Iraq. In line with the increasing demand for cement in…

· Domestic cement dispatches for April'23 clocked in at 2.53mn tons, down 24.6%/25.1% MoM/YoY. Region-wise, North offtakes decreased by 22.5%/24.8% MoM/YoY to settle at 2.11mn tons. Likewise, volumes for the…

Cement despatches declined by 16.55% in April 2023. Total Cement despatches during April 2023 were 2.951 million tons against 3.536 Million Tons despatched during the same month of last fiscal…

Continuing its remarkable legacy of surpassing one milestone after another, on a consolidated basis, Lucky Cement Limited achieved its highest ever profit after tax of PKR 48.5 billion for the…

The Board of Directors of Lucky Cement Limited, in its meeting held on April 28, 2023, has approved and decided to recommend to the members of the Company for their…

Pakistan's total cement sales in Apr-2023 are expected to fall by 25-29% MoM to clock in at 2.7-2.9mn tons, with local dispatches likely to be down by 28-32% MoM due…

Mughal Iron & Steel Industries Ltd (MUGHAL) reported its 3QFY23 earnings earlier today, wherein the company posted Profit After Tax (PAT) of PkR1.30bn (EPS: PkR3.89) for the quarter, higher by…

MUGHAL is scheduled to announce its 3QFY23 result on Monday, where we expect the company to record NPAT of PkR1.66bn (EPS: PkR4.95), up 2.5x/98% QoQ/YoY. It is worth noting that…

Kohat Cement Company Limited (KOHC) announced the financial result for 3QFY23 today, posting a profit after tax (PAT) of PKR 1,624mn (EPS: PKR 8.08) compared to PKR 1,646mn (EPS: PKR…

International Steels Ltd (ISL) has posted NPAT of PKR1.5bn (EPS: PKR3.48) in 3QFY23 compared to NLAT of PKR388mn (LPS: PKR0.89) in 2QFY23. The result came in much higher than our…

· Most of the manufacturing sector witnessed significant slowdowns in the first half of FY23, mainly due to sharp currency depreciation (inducing higher RM prices & exchange losses), supply chain…

Cement despatches declined by 24.19% in Mar-2023. Total Cement despatches during Mar-2023 were 3.795 million tons against 5.006 million tons despatched during the same month of last fiscal year. According…

Lucky Cement Limited announced that it had won the NFEH's 15th Corporate Social Responsibilities Awards 2023 in the "Green Energy Initiatives" category. This award recognises the company's unwavering commitment to…

In collaboration with The Citizen Foundation, Lucky Cement Limited has completed the state-of-the-art school near our Pezu plant premises. The “Abdul Razzak Tabba Block Lucky Cement Limited Pezu Campus-I” will…

Cement despatches declined by 7.10% in Feb 2023. Total Cement despatches during Feb 2023 were 4.040 million tons against 4.348 million Tons despatched during the same month of last fiscal…

Agha Steel Industries Limited (AGHA) announced the financial result for 2QFY23 today whereby earnings arrived at PKR 249mn (EPS: PKR 0.41) against PKR 619mn (EPS: PKR 1.02) last year, down…

MUGHAL is scheduled to announce its 2QFY23 result on Monday, where we expect the company to record NPAT of PkR812mn (EPS: PkR2.42), down by 7%QoQ vs NPAT of PkR872mn (EPS:…