DG Khan Cement plans Brownfield cement plant in Punjab

D.G Khan Cement Ltd, in communication to Pakistan Stock Exchange (PSX), briefed that concerning the Government of Punjab’s permission for Expansion of Existing Cement plant by adding 12,000 TPD brown filed cement line No. 3 at Muza Khofli Sattai, Dera Ghazi Khan, the Board of Directors of the Company has decided to evaluate the capacity of brown filed cement plant ranging between 9,000 TPD to 12,000 TPD. Further details awaited.

Meanwhile, D.G. Khan Cement Company Limited (DGKC) also released its 2QFY21 financial result on February 19, posting a profit after tax (PAT) of PKR 11,152mn (EPS: PKR 2.63), compared to PKR 581mn (EPS: PKR 1.33) in SPLY. This took the 1HFY21 bottom-line to PKR 801mn (EPS: PKR 1.83) vis-à-vis loss of PKR 847mn (LPS: PKR 1.93) booked in SPLY.

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