Cement sector profits may rise 2pc in 1QFY27
KARACHI: Profitability of Pakistan’s cement sector is projected to increase 2 percent year-on-year to Rs29.6 billion in the first quarter of fiscal year 2026-27, supported by higher cement offtakes and increased retention prices, according to a research repor...
KARACHI: Profitability of Pakistan’s cement sector is projected to increase 2 percent year-on-year to Rs29.6 billion in the first quarter of fiscal year 2026-27, supported by higher cement offtakes and increased retention prices, according to a research report. The report by AKD Securities Limited forecasts revenue for its cement companies to rise 15 percent year-on-year to Rs141.2 billion in 1QFY27, compared with R...