Friday, September 11 2026

KOHC FY26 profit softens 8%
Kohat Cement Company Limited (PSX: KOHC) reported an 8% dip in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs10.70bn compared to Rs11.58bn in the preceding year. Reflecting this slight bottom-line compression, basic and diluted earnings per share (EPS) for the year stood at Rs11.64, down from Rs11.97 in FY25. The primary factor weighing on profitability was gross margin squeeze driven by higher direct manufacturing costs. Net revenue from contracts with customers grew modestly by 3% year-on-year to Rs38.53bn, up from Rs37.54bn in FY25. However, cost of sales expanded 10% to Rs24.88bn, causing gross profit to contract by 8% to Rs13.65bn compared to Rs14.89bn in the prior year.
Related news categories: business cement economic-indicators psx stock-exchanges
Related symbols: kohc (news stock)

Cherat Cement targets 30% stake in Nimir Industrial Chemicals
Cherat Cement Company Limited's (PSX:CHCC) Board has approved the appointment of KTrade Securities Limited as Manager to the Offer, for submitting the Public Announcement of Intention to Acquire at least 30% (33,177,164 shares) of Nimir Industrial Chemicals Limited, held by majority shareholders. The appointment was made in accordance with Sections 96 and 131 of the Securities Act, 2015, and Clause 5.6.1 of the Rule Book of Pakistan Stock Exchange (PSX), with Cherat Cement acting as the Acquirer under the said provisions of the Securities Act, 2015, and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.
Related news categories: business cement chemical economic-indicators psx stock-exchanges
Related symbols: chcc (news stock) nicl (news stock)

Monday, August 31 2026

Power Cement FY26 profit surges to Rs3.8bn
Power Cement Limited (PSX: POWER) reported an extraordinary 4.6x (364%) surge in its net profit for the fiscal year ended June 30, 2026, reaching Rs3.78bn compared to Rs815m in the preceding year. Reflecting this explosive profitability, basic earnings per share (EPS) surged more than six-fold to Rs2.86 (diluted EPS of Rs2.72), up from Rs0.44 in FY25. The primary drivers behind the financial expansion were higher clinker dispatches, better market price realization, expanded gross margins, and substantial debt-servicing relief. Total cement and clinker dispatches increased by 7.49% to 2.56 million tons, fueled by a 31.21% boom in clinker exports (896,510 tons) that comfortably offset a dip in cement exports. Clinker production grew 13.38% to 2.42 million tons, boosting capacity utilization to 75% (up from 67% in FY25). Consequently, net revenue grew by 15% year-on-year to Rs33.98bn. With the cost of sales rising by just 4% to Rs21.89bn supported by the commissioning of a new 7.5 MW wind power project gross profit expanded 44% to Rs12.09bn compared to Rs8.40bn in FY25.
Related news categories: business cement economic-indicators psx stock-exchanges
Related symbols: power (news stock)

Friday, August 28 2026

Dandot Cement finalises financing for WHR plant
Dandot Cement Company Limited (PSX: DNCC) has finalised financing for its Waste Heat Recovery (WHR) Plant, advancing the company’s transition to cleaner, more efficient production. Letters of Credit have been established with Sinoma Energy Conservation Limited for supply, installation and commissioning. The development has been disclosed to the Pakistan Stock Exchange as material information under the PSX Rule Book and the Securities Act, 2015, said a company announcement here on Thursday.
Related news categories: business cement economic-indicators psx stock-exchanges
Related symbols: dncc (news stock)