Pakistan Cements: Local Cement Dispatches to Decline by 9-13% YoY and MoM in Sep-2023
Pakistan total cement sales in Sep-23 are expected to decline by 5-9% YoY and 10-14% MoM. Local dispatches are likely to decline by 9-13% YoY and...
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Pakistan Cements: Local Cement Dispatches to Increase by 19-23% YoY in Aug-2023
Cement sales in Aug-23 are anticipated to increase by 23-27% YoY and 26-29% MoM. Local dispatches are likely to rise by 19-23% YoY and...
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Pakistan Cements: Sector Profits -3%, Pretax Profits -15% YoY in 1QFY18
Pakistan cement manufacturers posted profitability decline of 3% YoY (pretax profits down 15%) during 1QFY18 vs. double digit growth of 17% and 32%...
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Cherat Cement (CHCC): Expansion to Unlock Value
We initiate coverage on Pakistan’s 9th largest concrete producer with a ‘Buy’ stance. Our liking for Cherat Cement Company Limited (CHCC PA) stems...
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