Cement News tagged under: Flying Cement
Pakistan: Flying Cement to double capacity14 March 2017, Published under Cement NewsFlying Cement Company Ltd (FCCL) has informed the Pakistan Stock Exchange (PSX) that it has signed an agreement with a Chinese company for the procurement of plant and machinery to be installed at the cement producer's existing plant site in Mangowal, Khushab district, Punjab province. The new equipment will upgrade the works' current cement capacity of 2000tpd to 4000tpd. The financial results of the FCCL for the half year ended 31 December 2016 shows that the sales fell from PKR1223m (... |
Pakistan: Flying Cement profits up 24%12 October 2016, Published under Cement NewsPakistan's Flying Cement Co Ltd has reported that it earned profit after tax of PKR145.69m (US$1.38m) in FY16, up by 24 per cent from last year. The cement producer does not announce any cash dividend, according to a company notice to Pakistan Stock Exchange. Company sales increased to PKR2.47bn in FY16 from PKR2.22bn in FY15. Flying Cement has incurred a distribution cost of PKR5.1m and administrative expenses of PKR26.39m, compared to PKR4.7m and PKR25.35m, respectively in corresponding ... |