Topline Flash Note: Lucky Cement (LUCK) To Raise Its Contribution of Renewable Energy
In a notice to the exchange today, Lucky Cement (LUCK) announced that, during its emergent board meeting held on September 6, 2023, it had decided...
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Topline Flash Note: Lucky Cement (LUCK): Corporate Briefing Key Takeaways
FY23 profitability down due to cement demand contraction and imposition of super tax. LUCK’s local cement volumes down 15% YoY in FY23. However,...
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Pakistan Cements: Sector reported highest ever quarterly profit in 1QFY24
Pakistan’s listed cement sector has reported highest ever earnings of Rs21.3bn up 46% YoY in 1QFY24. The positive earnings growth is primarily due...
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Pakistan Cements: Local Cement Dispatches to Decline by 19-23% YoY in Oct-2023
Pakistan total cement sales in Oct-23 are expected to decline by 7-11% YoY and 4-8% MoM. Local dispatches are likely to decline by 19-23% YoY and...
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Pakistan Cement: Profitability to Increase by 40% YoY in 1QFY24
Topline Cement Universe is expected to post core profitability growth of 40% YoY to Rs13.6bn in 1QFY24 due to increase in cement dispatches, and...
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