Pakistan Cement: Cement Sales Gaining Momentum In Aug 2025; Earnings Could Be Higher Than Expectations
We maintain our overweight stance on the Pakistan Cement sector in anticipation of the expected recovery on both demand and pricing side. In our...
229 Views
Pakistan Cement: Profitability Likely to Increase by 38% YoY in 4QFY25
Topline cement universe is expected to post profitability of Rs17.8bn in 4QFY25, up by 38% YoY, driven by lower finance cost, higher volumetric...
284 Views
Pakistan Cements: FY25 Local Sales Decline to Narrow to 5% YoY
Local cement dispatches in Pakistan are likely to decrease by 28% month-on-month in June 2025, with a year-on-year decline of 15%. The decrease is...
378 Views
Pakistan Cements: Earnings Revised Upward; Buy Stance Maintained
We have revised up our earlier estimates of cement earnings by simple average of 23-28% for FY25 and FY26 due to multiple factors including...
314 Views
Pakistan Cements: Sector Profits Increase 44% on QoQ Basis in 2QFY25
Pakistan's listed cement sector reported earnings of Rs34.7bn, up by 55% YoY and by 44% QoQ. QoQ increase in earnings is mainly due to...
299 Views