Pakistan: The country's cement sector reported a 19% year-on-year increase in profits for the first quarter of the 2027 financial year, according to a report by JS Global. Net sales rose by 18% year-on-year to US$790m, supported by an 8% year-on-year increase in domestic cement dispatches to 10.9Mt. Export volumes declined by 11% during the quarter.
Average cement prices rose in both the Northern and Southern regions, contributing to an increased capacity utilisation rate of 62%, compared with 58% in the corresponding quarter of the previous financial year.
Lucky Cement was the largest contributor to cement earnings, reporting a 17% year-on-year increase. Bestway Cement and Fauji Cement also contributed to the sector's growth, with the three companies collectively accounting for 66% of total sector earnings.