D.G Khan Cement, on Wednesday, announced it had finalized the installation of Pakistan’s biggest cement plant situated at Hub, Baluchistan.
The largest vertical cement grinding mill with cope drive has started trial operations together with cement silos and packing plant. Successful commissioning has been completed in raw material crushing, transportation and storage departments.
The cement produced in the trial run is being dispatched to customers. The announcement of commercial production will be made in due course of time.
D G Khan Cement had posted Rs 3.73 billion as profit after tax in the half year period ending December 31, 2017 as compared to Rs 4.505 billion earned in the corresponding period in 2016.
D.G Khan Cement’s script was trading at Rs 130, down Rs 1.38 ( 1.05 percent) with a turnover of 1.16 million shares.
DG Khan Cement Company Limited is the third largest manufacturer of cement in the country hailing a clinker capacity per annum of 4.22 million tons – capturing nearly 9 percent of the domestic industry; fighting neck and neck with Lucky and Bestway for that additional market share.
D.G. Khan Cement Company Limited produces and sells clinker, ordinary Portland, and sulphate resistant cement in Pakistan.
The company also exports its products to Afghanistan, India, South Africa, Sri Lanka, and other African countries. It is owned by Nishat Group and is headquartered in Lahore, Punjab.