Power Cement Ltd 2023 IR
The report highlights Power Cement Limited's financial and operational performance for the fiscal year ended June 30, 2023. Despite economic challenges in Pakistan, the company achieved a 65% increase in net sales revenue and a 177% growth in gross profit, driven by improved retention prices and effective cost management. Power Cement continued its commitment to sustainability by partnering with Burj Solar Energy to complete a 7 MW solar power project and utilizing Sugar Mud Press as an alternative fuel. The company also maintained its focus on health, safety, and environmental compliance, meeting international standards at its state-of-the-art FLSmidth plant.
Company: Power Cement Ltd
Sector: Materials
Country: Pakistan
Year: 2023
Type: IR
Pages: 222
Power Cement Ltd
Annual Report
The report highlights Power Cement Limited's financial and operational performance for the fiscal year ended June 30, 2023. Despite economic challenges in Pakistan, the company achieved a 65% increase in net sales revenue and a 177% growth in gross profit, driven by improved retention prices and effective cost management. Power Cement continued its commitment to sustainability by partnering with Burj Solar Energy to complete a 7 MW solar power project and utilizing Sugar Mud Press as an alternative fuel. The company also maintained its focus on health, safety, and environmental compliance, meeting international standards at its state-of-the-art FLSmidth plant.
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Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees