Positive development over exports front for Pakistan
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In the first three months of the financial year, it is expected that cement revenues will grow by 71 percent on an annual basis, according to the All Pakistan Cement Manufacturers Association and Top Line Securities.
According to the figures, there is a possibility that cement revenues in the first three months of the financial year could reach up to 1.75 million tons, which is 71 percent higher compared to the same period of the previous financial year when it was 1.02 million tons.
According to the numbers, in September 2023, cement revenues could reach up to 0.59 million tons, which is 23 percent higher compared to September of the previous year when it was 0.48 million tons.
According to the report, there is a possibility that local cement dispatches could reach up to 9.96 million tons in the first three months of the financial year, which is 16 percent higher compared to the same period of the previous financial year when it was recorded at 8.60 million tons.
