Cement industry defaults over Rs1.5bn marking fee to PSQCA

---PSQCA approaches Supreme Court against nonpayment of dues by the industry for over a decade ISLAMABAD: As the longstanding issue of marking fee, a levy...
LUCKY

Lucky Cement records 6.8pc fall in profits for 1st quarter

KARACHI: Lucky Cement Limited reported a net profit of Rs 3.02 billion for the first quarter ended September 30, 2017, which is 6.8 per...

Political strain to keep PSX range bound next week

LAHORE: Pakistan Stock Exchange (PSX) is expected to stay range bound next week as political tensions built up since ousted PM Nawaz Sharif has...

Maple Leaf Cement’s 40MW coal-fired power plant starts production

Lahore: In a notification sent to the bourse on Thursday, Maple Leaf Cement Factory Limited announced the commencement of operations of its 40MW coal-fired power plant...
LUCKY

Lucky Cement officially cuts prices by 4.5pc in North to Rs 525 bag

KARACHI Lucky Cement (LUCK) has cut its prices by around Rs 25 per bag to Rs 525 in North, with effect from August 17, 2017,...

Cement prices in Northern region decrease by Rs 10-25 per bag

LAHORE The cement prices in the Northern region of the country have come off by Rs 10-25 per bag to an average of Rs 525...

Maple Leaf Cement to raise Rs4.28b from right share issue to expand production line

Karachi: In a notification sent to the bourse on Tuesday, Maple Leaf Cement Factory (MLCF) has announced that it will be conducting a rights...

Cement sector will prosper again in FY2017-18: experts

LAHORE The cement sector would rise again and, get its positive developments back, where each region will have a different focus, and margin trends, after...

Engro Fertilizer, DG Khan Cement stocks receive strong buy recommendations: FrontEra

Lahore:  According to an article on investment research website FrontEra, PSX is a hot-bed of buying opportunities in stocks for long-term investors in two...

Cement sales spike up by 45pc in July

Lahore: On Friday, it was reported that cement sales had spiked up by a remarkable 45pc in comparison to same period last year (SPLY). Capacity...

Cement exports predicted to fall 15pc YoY: Topline security

Karachi: According to a Topline Security report, the country’s cement sales have started on a positive note during July, which is the first month...

APCMA voices concern over fall in cement demand

Lahore: The All Pakistan Cement Manufacturers Association has requested the government to reduce excise duty and import duty on coal and check import of...

CPEC projects lead boom for Pakistani cement manufacturers: Bloomberg

A Bloomberg report has claimed that the China-Pakistan Economic Corridor has led to a major resurgence and boom for the Pakistani cement industry. As...

Exports of cement shrink by 50.75pc during April 2017

Exports are proving to be Achilles's heel for the cement sector that has seen its growth inhibited by the regular decline in exports despite...

Bestway takes another step to market leadership

Bestway Cement Limited has decided to invest in a Brown Field cement plant with a capacity of 6000  tonnes of clinker per day at...

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What cars are Hyundai-Nishat going to launch?

LAHORE: The hottest topic in Pakistan’s automobile industry today is the upcoming range of Hyundai hybrid cars being assembled in the country by the...