Spectrum Research has released a report on the forthcoming financial results of the cement firms listed on the PSX.  SSL Cement Universe is expected to post earnings of PKR 35.6bn in 2QFY26, down 10% QoQ from PKR 39.7bn in the previous quarter, primarily due to subdued construction activity reflected in an 11% QoQ decline in domestic cement dispatches, along with a significant drop in exports, particularly in the northern region following the Pak-Afghan border closure.

Furthermore, elevated geopolitical tensions increased energy costs, with international coal and oil prices rising by 25% and 21% QoQ, exerting pressure on gross profit margins.