Pakistan’s Fauji Cement has seen a 378 per cent rise in profit to PKR905.2m (US$5.69m) for the October-December 2020 period, supported by higher retention prices.
Sales also advanced 15 per cent YoY to PKR6.1bn against PKR5.3bn in the 2QFY19-20. Cement dispatches fell two per cent YoY to 914,000t.
Cementos Progreso Holdings takes over Cemex's Dominican Republic and Haiti operations
As of today, the consortium led by Cementos Progreso Holdings takes control of Cemex 's opera...