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DG Khan Cement posts Rs9 billion profit for fiscal 2018

KARACHI: DG Khan Cement Company Limited posted a consolidated net profit of Rs8.93 billion in the fiscal ending June 30, 2018, up by 13.82% as...

Domestic cement despatches decline by 13.73pc in August

Slower growth was attributed to the hectic election activities that were going on in the country.

Cement despatches grow by 5.10 per cent

Despite the disruption caused by the General Elections, the sector posted 5.10 per cent growth in July.

Cement prices likely to surge by Rs15 per bag

Cement makers have decided to increase Rs15 per bag in the northern region amid monsoon season and the government transition that has caused construction activity to slow down, Pakistan Today has learnt reliably.

Market Daily: Ongoing rally sees KSE-100 rake in 2,130 points 

The Pakistan Stock Exchange (PSX) continued its winning streak as the equity market stretched Wednesday’s rally, gaining 898 points (2.19 per cent) to close the day at 41,796.

Lucky Cement receives environment excellence award

Lucky Cement Limited won the Environment Excellence Award at the 15th Annual Environment Excellence Awards 2018, organised by The National Forum of Environment and Health (NFEH).

Cement manufacturers jack up prices by Rs15-20 per bag in northern region

As global prices of coal have surged, the cement manufacturers to protect their bottom lines passed on the impact to the consumers by raising prices in the region of Rs15-20 per bag

Domestic cement dispatches grew by 15.42 per cent during 2017-18

Country’s cement exports grow by 1.77 per cent to 4.746 million tonnes

Mega Conglomerate’s deal to acquire Dewan Cement collapses

In end-January this year, it was reported Mega Conglomerate (Pvt) Limited was acquiring 87.5 percent majority stake in Dewan Cement Limited (75% through agreement and 12.5% through public offering)

Looming price risk to restrain cement sector performance despite strong demand

The cement sector is likely to face a bumpy ride ahead as the increase in supply-side concerns including creeping in gradual new supply has been restraining sector performance despite strong demand.

Power Cement to obtain €30m foreign loan for ongoing clinker expansion project

Power Cement announced it had completed the financing arrangements of Rs24.9 billion ($205 million) for the 2.5Mta expansion of its cement plant in the Nooriabad Industrial Area, Kalo Kohar District, Jamshoroo, Sindh

Padding up the cement tycoons’ coffers

With CCP timidly looking away, the APCMA is running a cartel, setting up production quotas and extracting rapacious rates from captive consumers

Power Cement completes financing for new plant

One of Pakistan’s leading cement producers, Power Cement Ltd has completed the financing arrangements of Rs24.9 billion ($205 million) for the 2.5Mta expansion of...

Rupee devaluation could attract foreign investors back into stock market

Foreign investors have been pulling out their money from the stock market and were net sellers of $266 million during FY18 compared to $728 million in the corresponding period of last year

Capacity utilisation in cement reaches all time high at 95pc

KARACHI: With fifteen days of fasting falling in the month of May, cement consumption has slightly been affected as domestic despatches have posted a...

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