Displaying items by tag: Cherat

Pakistan: Cherat Cement plans to spend US22m on an upgrade to Line 1 at its integrated plant in Nowshera district, Khyber Pakhtunkhwa province. The project includes the installation of a new crusher and general maintenance on the production line.

Pakistan: Cherat Cement’s turnover grew by 35% to US$45.6m in the half year to 31 December 2019 from US$61.6m in the same period in 2018. However, its operating profit more than halved to US$2.4m from US$6.2m due to a 50% increase in its cost of sales.