Business
May 5, 2021
LAHORE: Cement sales – local and exports – raced ahead in double-digit growth in April compared to the COVID-addled last year haunted by lockdown, but there was an eight percent decline month-on-month due to Ramazan slowdown.
Total sales of 4.9 million tons were 40.4 percent up from 3.5 million tons in the corresponding month of last fiscal year, according to the data released by All Pakistan Cement Manufacturers Association (APCMA). Local cement sales increased to 4.06 million tons from 3.2 million tons, an increase of 24.3 percent. Exports also increased 252 percent, from 249,127 tons to 877,163 tons. In March 2020, total cement dispatches were 5.37 million tons, according to the APCMA data.