Local cement sales fall 10.4pc in 1HFY25

Published January 3, 2025 Updated January 3, 2025 09:37am

KARACHI: The first six months of FY25 proved disappointing for cement makers as local sales dipped 10.4 per cent to 18.122 million tonnes from 20.228m tonnes in the same period last year.

However, a 32pc surge in exports to 4.810m tonnes from 3.655m tonnes salvaged the overall sales during the period, according to the All Pakistan Cement Manufacturers Association (APCMA) data.

Total cement despatches (domestic and exports) were down 3.9pc to 22.933m tonnes compared to 23.881mn tonnes in the corresponding period of FY24.

Local cement despatches shrank 5pc to 3.370m tonnes in December from 3.539m tonnes in the same month last year. Exports, however, increased by 49.35pc to 783,550 tonnes from 524,656 tonnes.

Total cement despatches (local and export) during December crawled up by 2.23pc to 4.154m tonnes from 4.063m tonnes during the same month 2023.

The APCMA spokesperson, while expressing grave concerns over the conti-nuous decline in local cement demand, urged the government to bring down duties and taxes to boost cement sales and enable the sector to use its idle capacity.

Published in Dawn, January 3rd, 2025

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Confused state
Updated 05 Jan, 2025

Confused state

WHEN it comes to combatting violent terrorism, the state’s efforts seem to be suffering from a lack of focus. The...
Born into hunger
05 Jan, 2025

Born into hunger

OVER 18.2 million children — 35 every minute — were born into hunger in 2024, with Pakistan accounting for 1.4m...
Tourism triumph
05 Jan, 2025

Tourism triumph

THE inclusion of Gilgit-Baltistan in CNN’s list of top 25 destinations to visit in 2025 is a proud moment for...
Falling temperatures
Updated 04 Jan, 2025

Falling temperatures

Vitally important for stakeholders to acknowledge, understand politicians can still challenge opposing parties’ narratives without also being in a constant state of war with each other.
Agriculture census
04 Jan, 2025

Agriculture census

ACCURATE information relating to agricultural activities is vital for data-driven future planning, policymaking, as...
Biometrics for kids
04 Jan, 2025

Biometrics for kids

ALTHOUGH the move has caused a panic among weary parents mortified at the thought of carting their children to Nadra...