Power Cement Ltd 2024 AR2

The report highlights Power Cement Limited's performance and sustainability initiatives for the fiscal year 2024. Despite economic challenges and a decline in local cement demand, the company achieved a 7% increase in net sales revenue to PKR 31.08 billion, driven by a 45.6% surge in exports. Power Cement demonstrated its commitment to sustainability by signing a term sheet for a new 9.6 MW wind power project, complementing its existing 7 MW solar plant and 11.5 MW Waste Heat Recovery System. Additionally, the company successfully utilized alternative fuels like sugar mud-press and rice husk to reduce production costs and carbon emissions. The report also details the company's adherence to international standards, including ISO certifications for environmental, quality, and occupational health and safety management.

Company: Power Cement Ltd

Sector: Materials

Country: Pakistan

Year: 2024

Type: AR2

Pages: 231

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Power Cement Ltd

Power Cement Ltd 2024 Annual Report

Annual Report

The report highlights Power Cement Limited's performance and sustainability initiatives for the fiscal year 2024. Despite economic challenges and a decline in local cement demand, the company achieved a 7% increase in net sales revenue to PKR 31.08 billion, driven by a 45.6% surge in exports. Power Cement demonstrated its commitment to sustainability by signing a term sheet for a new 9.6 MW wind power project, complementing its existing 7 MW solar plant and 11.5 MW Waste Heat Recovery System. Additionally, the company successfully utilized alternative fuels like sugar mud-press and rice husk to reduce production costs and carbon emissions. The report also details the company's adherence to international standards, including ISO certifications for environmental, quality, and occupational health and safety management.

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Document Details

Report Year

2024

Reporting Period

Jul 1, 2023 - Jun 30, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Renewable Energy

Women on Board

Employees