Friday, October 09 2026

Q1 cement sector profits likely to rise 16pc to Rs32.4bn YoY
Profitability of the topline cement universe is expected to increase 16 percent year-on-year (YoY) to Rs32.4 billion in 1QFY27 from Rs27.8 billion in 1QFY26, according to Topline Research. The research house expects sector profitability to increase 16 percent quarter-on-quarter (QoQ) as well. The YoY increase is primarily attributed to higher net sales amid increased retention prices, while the QoQ increase is expected to be driven by higher other income, mainly due to dividend income from Lucky Electric Power Company Limited (LEPCL) to Lucky Cement (LUCK).
Related news categories: business cement economic-indicators psx stock-exchanges

Wednesday, September 23 2026

Ittehad Chemicals Posts Rs1.5bn Profit in FY26
Ittehad Chemicals Limited (PSX: ICL) recorded a 16% increase in its consolidated net profit for the year ended June 30, 2026, with profit after income tax climbing to Rs1.50bn from Rs1.29bn in the corresponding period last year. Showing this steady bottom-line growth, the company's basic and diluted earnings per share (EPS) expanded to Rs15.01 from Rs12.90 in FY25. The Board of Directors has declared a final cash dividend of Rs3.00 per share (30%) for the year ended June 30, 2026. This is in addition to interim cash dividend(s) already paid at Rs1.00 per share (10%). The top-line showed strong momentum, with revenue from contracts with customers growing 23% year-on-year to Rs34.31bn from Rs27.86bn in the prior year.
Related news categories: business cement chemical economic-indicators psx stock-exchanges
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Monday, September 21 2026

Pakistan's cement sector enters volume-led upcycle
Pakistan’s cement sector is making a definitive transition away from an earnings phase previously driven by cost-containment measures and price adjustments, entering a multi-year, volume-led demand recovery. Underpinned by falling borrowing costs, easing inflationary pressures, and targeted fiscal incentives for construction, local cement dispatches surged 10% year-over-year in FY26 lithe highest growth rate recorded since FY21. According to a KTrade Research cement outlook domestic cement demand will maintain a steady compound annual growth rate (CAGR) of 6.7% between FY27 and FY31, gradually lifting plant utilization rates into the ~70s percentage range over the next three years.
Related news categories: business cement economic-indicators psx stock-exchanges

Thursday, September 17 2026

Cement Sector rebounds in FY26, demand momentum expected to build further
he cement sector showed stable performance in the fiscal year 2026, as it continued to transition from stabilization towards growth. The KSE-100 listed sector recorded a 13% YoY growth in net profits, which clocked in at Rs143bn as against Rs126bn in the previous fiscal year. LUCK, BWCL, and FCCL collectively represented 62% of the cement sector’s total profitability in FY26. LUCK stood out as the leading contributor, accounting for 33% (Rs46,629m) of total sector earnings, driven by higher net sales, elevated other income of Rs27,977m, and lower finance costs.
Related news categories: business cement economic-indicators psx stock-exchanges