Lucky Cement Announces Huge Expansion Plan for Pakistan and Congo

As the firm seeks to meet rising demand and strengthen its international footprint, lucky Cement Limited is expanding its cement production capacity in Pakistan and the Democratic Republic of Congo, planning a 3.2-million-ton-per-year (MTPA) brownfield expansion at its Karachi plant and a.

Key points

• According to the company's corporate briefing for the first quarter of fiscal year 2027, the Karachi expansion is targeted to commence commercial operations in December 2027.
• Export sales volume, nevertheless, declined 1.9 percent to 0.81 million tons from 0.83 million tons.
• Its domestic market share rose to 16.8 percent from 16.1 percent a year earlier.
• The firm is additionally installing wind turbines with a combined capacity of 22.5MW, taking its total installed wind capacity to 51.3MW.
• After the addition, the company's total installed solar capacity is anticipated to reach 104.3MW.

According to the company's corporate briefing for the first quarter of fiscal year 2027, the Karachi expansion is targeted to commence commercial operations in December 2027. Construction mobilization for the Congo project began in early second quarter of FY28, with completion projected within 18 months of commencement. Sazgar Q1 Profit Declines After Higher Taxes.

While the Congo project would strengthen its position in international markets, the firm stated the Karachi expansion would support meet growing domestic and export demand. Lucky Cement Expands Renewable Energy Capacity.

Lucky Cement is additionally expanding its renewable energy portfolio, with aims to add 15 megawatts (MW) of solar capacity at its Pezu plant, along with a 15MW battery energy storage system.

In practice, the firm is additionally installing wind turbines with a combined capacity of 22.5MW, taking its total installed wind capacity to 51.3MW. The new wind capacity is targeted for commissioning in the second quarter of FY28.

Overall, the company's renewable energy capacity is projected to reach 221.6MW after the planned additions. Domestic Sales Rise 13% in First Quarter.

Lucky Cement's domestic sales volume rose by 13 percent to 1.8 million tons in the first quarter of FY27, compared with 1.6 million tons in the same period last year.

Export sales volume, nevertheless, declined 1.9 percent to 0.81 million tons from 0.83 million tons. Despite the decline, the company's export market share rose to 35.2 percent from 31.9 percent. Revenue Rises, Consolidated Profit Declines.

On a standalone basis, Lucky Cement's net revenue rose 21 percent to Rs. 41.1 billion in the first quarter of FY27, compared with Rs. 33.9 billion in the corresponding period last year.

Gross profit rose 14 percent to Rs. While operating profit rose 12 percent to Rs, 15.1 billion. 11.8 billion. Profit after tax climbed 17 percent to Rs. 17.1 billion from Rs. 14.6 billion.

PSO Profit More Than Doubles to Rs. 25.56 Billion in Q1 FY27.

At the consolidated level, revenue rose 5 percent to Rs. While gross profit rose 3 percent to Rs, 131.9 billion. 34 billion.

Operating profit declined 0.7 percent to Rs. 26.6 billion, and profit after tax fell 4 percent to Rs. 22.6 billion from Rs. 23.6 billion.

For context, the firm stated Pakistan's economic outlook remained cautiously positive, backed by macroeconomic stability, ongoing reforms and stronger external indicators. Nevertheless, fiscal pressures, structural challenges and geopolitical risks continued to pose threats to sustained expansion. Stay Connected with ProPakistani.

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In short, lucky Cement Announces Huge Expansion Plan for Pakistan and Congo is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.