April 2020
Category: Cement
Lucky Cement (LUCK)
LUCK – Conference Call Takeaways 3QFY21
Pakistan Cements
Earnings projected to grow sharply as pricing and dispatches improve during 3QFY21
Kohat Cement (KOHC)
Earnings grow 10% M/M during 3QFY21
Pioneer Cement (PIOC)
Improving dynamics supporting PIOC’s bottom-line
Maple leaf Cement (MLCF)
MLCF 1HFY21 Result Review
Kohat Cement (KOHC)
KOHC 1HFY21 Result Review
Pakistan cements result previews – A tough year concludes
The Pakistan Cement Industry concluded one of its toughest years during FY20 with majority of the manufacturers expected to close in red. Prime reasons for eroding profitability include: 1) lower pricing amidst an expansion-driven price war, 2) Pak Rupee depreciation inflating energy costs, 3) high interest rates in tandem with a debt-heavy balance sheet, and… Continue reading Pakistan cements result previews – A tough year concludes
Cement dispatches end year on a high note
Industry off-take grows by 2% YoY: Total Cement dispatches during FY20 inched up by 2% YoY and registered at 47.81mn MT compared with 46.88mn MT recorded during FY20. Overall industry growth was primarily supported by exports, which grew by 20% YoY to 7.85mn MT while domestic off-take fell by 1% YoY to 39.96mn MT. Domestic… Continue reading Cement dispatches end year on a high note
The Trapped Saviour: Cement Sector of Pakistan
In a Nutshell Pakistan is one of the most populous country in world with population figure over 200 million. Just as with other instances of over population, the concept of scarcity is applicable here as well, especially with regarding to housing. Currently, the housing shortage in the country is estimated around 10.4m out of which… Continue reading The Trapped Saviour: Cement Sector of Pakistan