Cement: Cement sector profits increase 44% on QoQ basis in 2QFY25 - By Topline Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">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 QoQ improvement in gross margins.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Sales for the cement sector increased by 21% QoQ and by 10% YoY to Rs196.8bn in 2QFY25. Sector revenue increased on a QoQ basis due to QoQ increase in total dispatches.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Domestic dispatches declined by 1% YoY and increased by 23% QoQ to 9.9mn tons in 2QFY25. While avg. bag prices declined QoQ at Rs1,447 vs. Rs1,515 in North and remained almost flat QoQ at Rs1,391 vs Rs1,388 in South.</span></l...