Karachi: DG Khan Cement Ltd (DGKC), Kohat Cement Ltd (KOHC), and Pioneer Cement Ltd (PIOC) have announced their earnings projections for the first quarter of the fiscal year 2026, highlighting varied financial outcomes for the companies.
DG Khan Cement is expected to report an earnings per share (EPS) of Rs5.45, marking a threefold increase year-on-year. This growth is attributed to a 14% rise in dispatches, an improvement in gross margins by 6 percentage points, and a significant reduction in finance costs.
Pioneer Cement anticipates a 29% increase in its EPS, reaching Rs5.8. The company attributes this growth primarily to an 18% rise in dispatches compared to the previous year.
In contrast, Kohat Cement projects a decrease in earnings, with an EPS expected to fall by 23% to Rs2.86 per share. This decline is linked to a 6.6 percentage point drop in gross margins, following a sharp reduction in retention prices during the quarter.
The cement sector remains under an “Overweight” stance, supported by a recovery in volumes, with domestic dispatches rising by 15% year-on-year in the first quarter of fiscal year 2026, alongside lower coal prices.
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