Positive development over exports front for Pakistan

Positive development over exports front for Pakistan

In the first three months of the financial year, it is expected that cementrevenues will grow by 71 percent on an annual basis, according to the AllPakistan Cement Manufacturers Association and Top Line Securities.

According to the figures, there is a possibility that cement revenues inthe first three months of the financial year could reach up to 1.75 milliontons, which is 71 percent higher compared to the same period of theprevious financial year when it was 1.02 million tons.

According to the numbers, in September 2023, cement revenues could reach upto 0.59 million tons, which is 23 percent higher compared to September ofthe previous year when it was 0.48 million tons.

According to the report, there is a possibility that local cementdispatches could reach up to 9.96 million tons in the first three months ofthe financial year, which is 16 percent higher compared to the same periodof the previous financial year when it was recorded at 8.60 million tons.