Fauji Cement Company registered its first quarterly loss in the past eight years. According to a company notice sent to the Pakistan Stock Exchange (PSX), it posted a loss of Rs210 million for the quarter ended March 31, 2020 compared with profit of Rs616 million in the same period of last year.
Buzzi Unicem subsidiary SKL Cement has supplied 400t of cement to the site of an upcoming coronavirus hospital in Omsk, Omsk Oblast. SLK Cement CEO Andrei Immoreev said, “In a difficult time for the whole world, our company continues to work to provide cement for construction sites of regional and federal facilities,” according to AMF News.
The board of directors of Gujarat Sidhee Cement Ltd at its meeting held today has approved the declaration of Interim Dividend of Re. 1 (Rupee one only) per share on 8,74,25,389 equity shares of Rs.10/- each fully paid up for the period ended 31% December, 2019.
The N100 billion bond being raised by Dangote Cement Plc is exciting some capital market stakeholders, as they have said it helped in broadening investment options in the fixed income market.