Dewan Cement is struggling. But why?

In what was supposed to be a record breaking year for the cement industry, Dewan continued to tank

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...

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.

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.

Is the cement cartel back in action?

As the construction industry is given packages and concessions to get back up on its feet, does the rise in cement prices that followed mean the cement sector is back to its old tricks?

Pakistan’s mystery billionaire

“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him...

India’s pet coke ban may prove beneficial for Pakistan’s cement industry

KARACHI: Supreme Court of India has recently upheld the ban on the use of hazardous petroleum coke (pet coke) in and around...

Sindh High Court bars PSX from placing Dewan Cement in defaulter’s segment

LAHORE: A bourse notification filed Monday by Pakistan Stock Exchange (PSX) revealed the Sindh High Court on 27th January ordered it not...

ECC not to interfere in cement industry, permits them to increase prices

According to the Ministry of Industries and Production, in spite of the high cost of production and higher taxes, the prices of cement in Pakistan were lower than those in India and Sri Lanka
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...

Maple Leaf to boost WHR plant capacity to 25MW

LAHORE: The Maple Leaf Cement Factory Limited (MLCF) announced the opening of a letter of credit (LC) related to the expansion of...

MoIP to likely forward reference to CCP regarding cartelization of cement prices: Report

The cement industry contended that the sector wasn’t being provided with any subsidy by the government

Lucky Cement’s consolidated profit down 40pc to Rs7.32bn

LAHORE: Lucky Cement Limited on Monday released its financial results for the year ended June 30, 2020 announcing a 40 per cent...

Cement sales increase by 21pc in south region

ISLAMABAD: The sale of cement in the southern region of the country has increased by 21 per cent from 3.38 million tons...

Cement industry capacity utilisation touches 99pc in January

ISLAMABAD: Domestic consumption of cement increased by a whopping 37.3 per cent in January 2018 on a year-on-year basis as the construction activities...