Daily Times
July 4, 2021
Cement companies in Pakistan have marked their highest sales in the financial year 2020-21 since 1990, according to the data maintained by the All Pakistan Cement Manufacturers Association.
The industry also reported the highest growth of 20% since the fiscal year 2007-8, when it was recorded at 25%. But the quantity sold last financial year by the cement companies was almost double at 57 million tonnes as compared to 30 million tonnes sold in 2007-8.
“The FBR’s amnesty scheme played an important role in the high sales,” said Senior Research Analyst Ali Zaidi. “It helped government bring black money in the tax net.”
Pakistan records highest cement sales since 1990 samaa.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from samaa.tv Daily Mail and Mail on Sunday newspapers.