Cement News tagged under: Kohat Cement Co

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Kohat Cement Company’s profit advances 53% in FY23-24

09 September 2024, Published under Cement News

Pakistan’s northern cement producer, Kohat Cement Co Ltd (KOHC), announced its financial results for FY23-24 on the Pakistan Stock Exchange website on 5 September. The company posted a profit after tax (PAT) of PKR8.89bn (US$31.9m), up 53 per cent from last year. The highest-ever annual earnings were possible due to the growth of other income, which increased by 114 per cent to PKR4.45bn during this robust performance. However, net sales decreased to PKR38.64bn from PKR38.92bn, and the co...

Kohat Cement completes the buyback of 5m shares

08 August 2023, Published under Cement News

Kohat Cement Co Ltd (KOHC) informed Pakistan Stock Exchange Ltd (PSX) on 3 August that in compliance with Regulation 10(g) of the listed companies (buy-back of shares) regulations, 2019, the company with this informs that Kohat Cement Co (the company) has completed the buy-back of its 5m ordinary shares in accordance with the approvals of the company's members given in its Extraordinary General Meeting of 21 February 2023. Accordingly, the purchase period for the buy-back is completed. ...

Kohat Cement establishes a letter of credit for Punjab plant

30 December 2021, Published under Cement News

Kohat Cement Co Ltd (KOHC) has informed Pakistan Stock Exchange (PSX) that the company has established a letter of credit for the import of plant and equipment for the pyro-process optimisation of its 6700tpd grey cement production line at Khushab in Punjab. On 17 February   2021, the company approved, subject to all regulatory approvals, setting up of 7800- 10,000tpd cement plant (along with 8-10MW waste heat recovery and 25MW coal-fired power plants), in Khushab. The estimated cost of ...

Kohat seeks environmental clearance for expansion project

29 August 2017, Published under Cement News

Kohat Cement Company is seeking environmental clearance for the construction of 7800tpd in additional capacity at its plant in Kohat, northern Pakistan. The Environmental Protection Agency (EPA) of Khyber Pakhtunkhwa province has received the application from Kohat Cement, according to local sources. Comments in favour or against the environmental approval of the said project are invited to be submitted to the EPA's director general within a period of 30 days from the date of issuance of...

Pakistan: Kohat Cement Co sees 5% profit rise in 1QFY17

24 November 2016, Published under Cement News

Kohat Cement Company Ltd (KOHC) has recently announced its 1QFY17 financial result. It declared a profit after tax (PAT) of PKR991.8m during 1QFY17 against a PAT of PKR945.7m during 1QFY16, up five per cent YoY. As against trends, KOHC declared dividend per share (DPS) of PKR4/‐ during 1QFY17.   During the first quarter of FY17, KOHC reported a one per cent YoY drop in sales as revenues slipped from INR3.242bn in 1QFY15-16 to INR3.193.9bn in 1QFY16-17. The company's exports were down 31 per...