Pioneer Cement Limited has released its unaudited condensed interim financial statements for the quarter ended September 30, 2026, showcasing significant growth in revenue and profit compared to the same period last year.
- Net sales increased by 28.87% to PKR 10,846.74M (SPLY: PKR 8,416.62M)
- Gross profit rose by 50.04% to PKR 3,761.14M (SPLY: PKR 2,506.73M)
- Operating profit surged by 52.54% to PKR 3,373.42M (SPLY: PKR 2,211.52M)
- Net profit after tax grew by 73.37% to PKR 2,208.95M (SPLY: PKR 1,274.11M)
- Earnings per share (EPS) reached PKR 9.72, up from PKR 5.61
- Cement production increased by 8.66% to 580,987 tons, while sales rose by 6.55% to 585,952 tons
- The company maintains a debt-free balance sheet and is progressing with a solar power project to enhance operational efficiency
- A merger with Maple Leaf Cement Factory Limited is in progress, subject to regulatory approvals