Cement News tagged under: Indian sib-continent
RHI wins consultancy contract for Sri Lankan grinding plant28 May 2024, Published under Cement NewsReliance Heavy Industries of Egypt has been awarded a consultancy contract for the construction of a greenfield grinding plant with a cement capacity of 100tph. The clinker grinding facility will be situated in Sri Lanka and the contract was awarded by Exim Finance Group of the UAE. |
Pakistan manufacturers post strong 1HFY22-23 financial results27 February 2023, Published under Cement NewsAccording to the Pakistan Stock exchange (PSX), Pioneer Cement Ltd (PIOC) earned a profit of PKR1.76bn (US$6.81m) in 1HFY22-23 compared to PKR1.14bn made in the previous year’s corresponding period. This reflects a growth of 54.1 per cent YoY. PIOC's gross sales increased by 19.4 per cent to PKR25.08bn in 1HFY22-23 from PKR21bn during the same period last year. It incurred distribution expenses of PKR61m against PKR52m in the previous financial period. The administrative costs rose to P... |
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