Power Cement Ltd 2020 AR2
The report highlights Power Cement Limited's operational and financial performance for the fiscal year 2020, marked by the completion of its new 7,700 TPD clinker production line and a Waste Heat Recovery System. Despite a net loss of PKR 3,616 million due to high finance costs and startup expenses, the company achieved a 75% increase in dispatches, reaching 1,021,780 tons. On the sustainability front, the company demonstrated strong commitment to environmental standards, achieving zero lost time injuries (LTI) and installing advanced European Eco E3 bag filters to keep emissions well below World Bank and IFC limits. Additionally, the company contributed PKR 1.3 billion to the national exchequer and disbursed PKR 2.1 million in corporate social responsibility donations.
Company: Power Cement Ltd
Sector: Manufacturing
Country: Pakistan
Year: 2020
Type: AR2
Pages: 108
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Power Cement Ltd
Annual Report
The report highlights Power Cement Limited's operational and financial performance for the fiscal year 2020, marked by the completion of its new 7,700 TPD clinker production line and a Waste Heat Recovery System. Despite a net loss of PKR 3,616 million due to high finance costs and startup expenses, the company achieved a 75% increase in dispatches, reaching 1,021,780 tons. On the sustainability front, the company demonstrated strong commitment to environmental standards, achieving zero lost time injuries (LTI) and installing advanced European Eco E3 bag filters to keep emissions well below World Bank and IFC limits. Additionally, the company contributed PKR 1.3 billion to the national exchequer and disbursed PKR 2.1 million in corporate social responsibility donations.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees