Pakistan’s Power Cement has seen its revenue surge 341 per cent to PKR10.96bn (US$71.39m) in the nine-month period ended 31 March, compared to PKR2.65bn in the year-ago period. Its profit after tax reached PKR110.5m against a PKR1.75bn loss in the 9MFY19-20.
In the 3QFY20-21 revenue advanced to PKR4.1bn from PKR1.39bn, while profit after tax returned to PKR41.68m from a PKR1.38bn loss in the 3QFY19-20.
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...