ISLAMABAD – Pakistan’s cement industry posted a significant export growth of 23.75% during the fiscal year 2024-25, reaching $329.795 million, up from $266.516 million in the previous year, according to the Pakistan Bureau of Statistics (PBS). In terms of volume, cement exports also jumped by 28.71%, rising from 7.08 million metric tons in FY2023-24 to […]
According to data released by All Pakistan Cement Manufacturers Association, domestic cement sales declined by 1.94 per cent during the first eleven months of the current fiscal year, according to data released by the All Pakistan Cement Manufacturers Association (APCMA). Local consumption fell from 35.1 million tonnes between July 2023 and May 2024 to 34.4 […]
The government has increased the withholding tax to 2.5 percent for non-filers under Section 236H of the Finance Act 2024 which has made the cement business unsustainable given the current market conditions besides the new turnover taxes imposed on dealers and retailers. All Pakistan Cement Dealers Chairman Sajid Chaudhry highlighted concerns that taxes and PoS […]
The price of a cement bag witnessed an increase of Rs115 in a month. The price of a cement bag is up by Rs10, taking the rate of cement bag to Rs1,060 in Sindh including Karachi. In Punjab and KP the price of a cement bag has reached Rs1,260 after a rise of Rs15 per […]