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Cement Industry in Pakistan
Cement is one of the major industries of Pakistan.
The Company made significant dispatches of grey cement and clinker for export. In
light of weak domestic demand, the Company is concentrating on building export
volumes to achieve higher capacity utilization.
The basic earnings per share (EPS) Rs. 2.78 in negative for the year ended June 30,
2009 as compared to Rs. 1.96 in negative last year.
ATTOCK CEMENT
The year 2008-2009 is by far the most successful year in the history
of the Company in terms of production, sales and profitability.
This was the first year after the successful commissioning of Line 2
that the Company was able to achieve 100% production from its new
line.
FALCON as a brand has got immense popularity in the markets of
Iraq, Somalia and Djibouti and every effort is now being made to
consolidate our brand position in these markets. As far as local sales
are concerned, your company has also shown consistency, despite
the fact that the overall local demand had shown negative growth of
around 14%.
The Company would supply its products in diverse markets to
achieve a healthy and growth oriented sales mix, focus towards a
strong presence of its products in all the markets to achieve dynamic
financial results, with maximum returns to all the stakeholders.
ACPL has played a major role and it will continue its contribution in
building the nation.
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LUCKY CEMENT is currently the market leader in the cement sector both in
term of production capacity and sales and therefore enjoys a huge chunk of
total cement exports. The investment preference is based on the following
factors:
Improved Earnings