Cement companies post a rise in pre-tax profit but face challenges
In 9MFY22-23, 12 out of the 16 cement manufacturers at the Pakistan Stock Exchange (PSX) reported impressive before-tax earnings. Despite a drop of 18 ...
Source: cemnet.com
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Brazil bets on housing to revive the market
The outlook for Brazil's cement market remains uncertain following weak first quarter volumes, with demand falling 1.1 per cent to 14.6Mt over the fir...
Source: cemnet.com
April cement despatches fall 16.55pc to 2.95m tons YoY - Business & Finance
LAHORE: Current economic turmoil has badly impacted the cement consumption as the sector registered a decline by...
Source: brecorder.com
Cement dispatches eroded in April due to Ramzan and Eid
According to Topline Securities, Pakistan’s total cement sales in April 2023 are expected to fall by 25-29 per cent MoM to reach 2.7-2.9Mt, with local ...
Source: cemnet.com
Steel shortage may impact the cement industry
The Pakistan Ship Breakers Association (PSBA) said on 18 January that the shipbreaking industry is on the verge of closure as local banks are reluctant...
Source: cemnet.com