Cement industry

Dispatches jump 18% to stand at 5.21m tons in September

Plant has capacity to produce 2.4m tons of clinker per annum

Private sector credit increases 7.3% quarter-on-quarter

Domestic consumption surges 37% in January this year

Demand rises only 5% to 3.94 million tons in Nov 2017

Cement manufacturer reports 58% higher profit at Rs2.73b

Will offer 65.9m new shares to shareholders at Rs65

Experts blame increased taxation for diminished growth

Earnings amount to Rs8.79b, company announces plan to increase production capacity

Turnaround in macroeconomic situation is  accelerating local demand.

Would increase illegal import of Iranian cement, reduce consumption locally

Exports, however, drop 22% in July-February this fiscal year

Local sales grew 15.57%, reach 17.9 million tons; exports fall

Bestway Group CEO sees sector benefiting largely as domestic demand picks up

Raw gypsum is being exported in big quantities particularly to India

Data shows total sales dropped 8% year-on-year, amounted to 2.9m tons

Manufacturers must focus on production organisation, training and tapping new export markets