Karachi, March 18, 2021: Pakistan local cement sales in Mar-2021 are expected to increase by 36-42 Percent YoY, taking 9MFY21 local sales growth to 16-20 Percent YoY. This is in line with our expectations, as we had also mentioned in our last month’s report that local cement sales are likely to grow by 40 Percent…
Karachi, October 27, 2020: On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 5.13 billion of which PKR 0.78 billion is attributable to non-controlling interests for the first quarter ended September 30, 2020. This translates into earnings per share (EPS) of PKR 13.45 / share as compared to PKR 3.93…
Karachi, September 29, 2020: Lucky Cement Limited was recognized by Asiamoney under its Asia’s Outstanding Companies Poll 2020 for Materials sector in Pakistan. Asia’s Outstanding Companies Poll recognizes publicly listed companies across the region for their excellence in a variety of business areas and markets. The results recognized 140 companies as being the most outstanding…
Karachi, June 23, 2020: Lucky Cement Limited joined hands with the Prime Minister’s Ehsaas Emergency Rashan Programme/Scheme to provide ration to those affected by the COVID-19 outbreak across Pakistan. In this regard, a MoU was signed at the Benazir Income Support Programme (BISP) headquarters in Islamabad. On this occasion, The Prime Minister of Pakistan, Mr….
Karachi, May 06, 2020: Cement despatches in the country have declined in April 2020 by 23.65 percent to 3.52 million tons from 4.61 million tons in April 2019 as both exports and domestic markets crashed, owing to the devastating impact of COVID-19. According to a statement issued by All Pakistan Cement Manufacturers’ Association (APCMA), the…