Pakistan Cement: Potential increase in royalty to hurt earnings for KPK-based players - By JS Research
25 Mar 2025
We evaluate the potential impact of raising the limestone royalty for KPK-based cement plants to 6% of the ex-factory cement price (following the increase in Punjab) from the current Rs250/ton. This increase is expected to weigh on earnings of compan...
Cement: Proposal to increase Royalty charges in KPK - By Taurus Research
25 Mar 2025
Minerals Development Department of Khyber Pakhtunkhwa (KPK) in its latest meeting has proposed to increase royalty charges in KPK province by shifting the weight-based royalty charge per ton to 6% on the ex-factory price (similar mechanism as applied...
Cement: Royalty increase proposed on KPK based cement manufacturers in line with Punjab - By Topline Research
24 Mar 2025
In a major development, royalty on cement for KPK province is considered to be shifted from ore-based to bag-based calculation with a minimum of 6% of ex-factory sale value as prevalent in Punjab province. ......
Pakistan Cement: Sector Earnings Revised Upward; Buy Stance Maintained - By Topline Research
20 Mar 2025
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 better than expected domestic demand recovery in FY25, and lower coal costs. ......
Fauji Cement Company Limited (FCCL): Poised for Continued Growth - Market Weight - By WE Research
18 Mar 2025
Since Jan’2024, the Pakistan cement sector has witnessed a swift recovery on the back of anticipated interest cut, where the industry stock performance increased by 46%. Among the local peers, FCCL has been the key driver on this rally, delivering an...
Cement: 3Q Seems to be Dull, 4Q Shaping up Well - By Sherman Research
18 Mar 2025
Cement sector has been in limelight as the sector rallied by 19% during last two months as investors generally believe that falling coal prices bodes well for the sector (down 11% since last two months). ......
Cement: Local dispatches recover in Feb-2025; 8MFY25 remains negative - By JS Research
17 Mar 2025
Cement dispatches for Feb-2025 clocked in at 3.6mn tons, depicting a 10% YoY increase, driven by a 7% increase in local sales and a 34% surge in exports. This was the second consecutive month for YoY growth for local cement dispatches. ......
Cement: Results review 2QFY25: PAT up by 54% YoY - By AHCML Research
10 Mar 2025
The 2QFY25 financial results of 15 listed cement companies reflected strong growth in profitability, driven by higher dispatches, improved margins, and lower finance costs. The sector reported a cumulative PAT of PKR 34,749 million, up 54% YoY and 46...
Cement: Pakistan Cement Sector - in pictures - By JS Research
07 Mar 2025
We review 2QFY25 performance of the Cement sector with our sample size of 8 companies to dissect key differentiating factors and their respective impacts on relevant ratios. ......
Pakistan Cement: Dispatches post double-digit growth for second consecutive month - By AKD Research
06 Mar 2025
Cement dispatches for Feb’25 clocked in at 3.6mn tons, an increase of 10%YoY, driven by 7%/34%YoY growth in local and export offtakes, respectively. ......
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