Pioneer Cement Limited

Pioneer Cement Limited

PPSX:PIOC
227.68
PKR
-4.63
(-1.99%)
Dec 02Next Earn
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Sayeed Tariq Saigol
Full Time Employees
1,049
Sector
Non-energy minerals
Industry
Construction materials
Address
Lahore Pakistan
IPO Date
May 25, 1994
Business
Pioneer Cement Limited is a Pakistan-based building materials company primarily engaged in the manufacturing, marketing, and distribution of clinker and premium-grade cement products for domestic and international construction markets. Founded in 1986 and headquartered in Lahore, Pakistan, the company operates an integrated manufacturing complex situated at Chenki in the Khushab District of Punjab. Pioneer Cement Limited offers a diversified portfolio of hydraulic binders and construction materials, including Ordinary Portland Cement (OPC) marketed under the Pioneer brand for general civil construction, high-rise buildings, and structural infrastructure; Sulphate Resistant Cement (SRC) engineered for structural durability in sulphate-bearing soils, maritime zones, and saline groundwater environments; Low Alkali Portland Cement for specialized infrastructure projects; and unground industrial clinker supplied to third-party grinding units and regional export buyers. The company serves institutional infrastructure developers, industrial builders, commercial contractors, and retail residential consumers across northern and central Pakistan, alongside cross-border export markets including Afghanistan. In recent developments, Pioneer Cement Limited has executed major operational and strategic initiatives aimed at energy cost rationalization, sustainability, and efficiency enhancement. These include the installation and commissioning of an on-site captive solar power plant to complement its existing 12-megawatt waste heat recovery (WHR) system and dedicated captive thermal power infrastructure, substantially decreasing grid power dependency and curtailing energy expenditures. Furthermore, the company has expanded its utilization of alternative fuels and raw materials (AFR) within its kiln firing processes to mitigate surging thermal fuel costs and advance industrial decarbonization objectives across its clinker production lines.