D.G. Khan Cement Company Limited, (DGKCC) is amongst largest the cement manufacturers of Pakistan with a production capacity of 22,400 tons per day (6.72 million tons/annum). DGKCC has four cement plants, two plants located at Dera Ghazi Khan, one at Khairpur Distt. Chakwal and one at Hub Lasbela District (Balochistan).
Pakistan’s DG Khan Cement recorded a 160.8 per cent surge in profit to PKR1.3bn (US$8.17m) for the quarter ending 31 December 2020, compared with PKR500.7m in the year-ago period. The increase has been attributed to a rise in retention prices and falling maintenance and repair costs.
Sales declined 4.2 per cent YoY to PKR12.3bn from PKR12.9bn in the 2QFY19-20. Cement offtake also decreased seven per cent to 2.08Mt.
source : cemnet
Expecting a surge in construction activity and a rise in demand for construction materials, one of Pakistan’s leading manufacturers of cement Maple Leaf Cement Factory Limited is planning to increase its capacity.
As per Bloomberg, the company is considering enhancing its production capacity by 7,000 tons a day, and the proposal is in the final stages.
Maple Leaf Cement Factory Limited set up in 1960 as a public limited company. It is part of the Kohinoor Maple Leaf Group, with Kohinoor Textile Mills Limited as its holding company. The company seeks to take advantage of the recent government-announced construction package, which aims to uplift the economic activity and aid the economy to recover during Covid-19.
Just days ago, a number of cement manufacturers announced to increase their cement production, Kohat Cement Company Limited (KOHC) announced that it would be setting a multi-billion rupees cement manufacturing plant in Punjab.
As per the company statement, the Board of Directors of the company has approved the setting up of 7000-10000 TPD Cement Manufacturing Plant.
Furthermore, Fauji Cement Company Limited (FCCL) also informed that it has decided to invest in additional cement capacity.
The company has approved the setting up of Greenfield Cement Manufacturing Plant of 2.05 million tonnes per annum at Dera Ghazi Khan, Punjab.
It is pertinent to inform that Maple Leaf Cement saw a 5 percent increase in sales revenue during 1QFY21 year on year. This was a direct result of increase in sales price as a result of growing demand; the latter in turn was a result of growth in the construction sector.
Source: BR
