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...

KOHC posts 21pc QoQ growth in PAT

Kohat Cement Limited (KOHC) announced its 1HFY17 financial results today, wherein the company recorded bottom line of PKR2.19bn (EPS: PKR14.17), up by 4% YoY...

Dewan Cement looks at North Plant sell off

Bestway Cement has entered into a non-binding memorandum of understanding (MOU) with Dewan Cement Limited (seller) for the proposed acquisition of North Plant of...

Cherat Cement posts quarterly increase of over 50 pc profits

Cherat Cement posted an increase of more than 50% in its profits for the quarter ended December 31, 2016, revealed a stock filing on...

Cement Sector: Upward growth trajectory to continue on the back of CPEC

The cement sector over the last six years and the industry itself has seen a growth in volume every year something that is also...

Why go to ‘Double Shahs’?

Almost a decade ago a conman by the name of Sibtul Hasan Shah ran an infamous Ponzi scheme offering people to double their money,...

Closing positive: Bourse reaches new high

Despite threats from various fronts, the benchmark KSE-100 share index displayed a buoyant trend during the outgoing week. The bourse touched new heights and...

Popular News

50 reasons to keep your faith in Pakistan

Though it is a moot point what our political, socio-economic conditions should ideally have been today, had the road not been uphill all the...

Jazz going in for the kill