Fauji Cement Company Limited (FCCL): 1HFY23 Corporate Briefing Key Takeaways – By Topline Research
- Fauji Cement Company Limited (FCCL):
- Fauji Cement Company Limited (FCCL) conducted its 1HFY23 analyst briefing today where management discussed financial performance and future outlook.
- FCCL added a capacity of 6,825 tpd at Nizampur in October 2022. Expansion at DG Khan of similar capacity is expected to come online at the end of 2023. This expansion will increase the total capacity of the company to 10.5mn tons per annum, and make it the 3rd largest player in the country
- Original cost for DG Khan expansion was Rs32bn with a 60/40 Debt/Equity Mix. Company was able to secure Rs8-9bn of TERF an...
