A review of listed cement companies in Pakistan
The total market capitalisation of the top 15 cement companies in Pakistan stood at US$2.738bn as of 28 March 2022. They represent a market share of 97.4 per cent in the total sales of cement in the country. A Topline Research report estimated that Pakistan listed cement companies' EV/t (replacement cost) is hovering at around US$43/t.
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