<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">As per recent notice from the Minerals and Mines Department
of the Government of Punjab, the royalty on limestone has been revised to 6% of
the ex-factory sales price of cement or clinker, up from the previous rate of
PkR250/ton (for cement manufacturers</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">With this revised royalty rate, the cost of limestone per
bag of cement is expected to increase to PkR55/bag, compared to the current
cost of PkR19/bag. We expect companies to pass on these cost pressures,
effectively raising regional cement prices to PkR1,560/bag from the current
PkR1,510/bag.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Accordingl...
