Karachi, October 22, 2024 – Lucky Cement Limited has successfully completed and commissioned its 28.8 MW captive wind power project at its Karachi plant, marking a major milestone in Pakistan’s renewable energy sector. The project, completed on schedule and within budget, officially began operations on October 22, 2024.
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Lucky Cement’s 107% Profit Surge in 2QFY24 Above Expectations
Karachi, January 26, 2024 – Lucky Cement Limited (LUCK) has stunned the market by announcing its 2QFY24 financial results, revealing an unconsolidated Profit After Tax (PAT) of PKR 6.8 billion, translating to Earnings Per Share (EPS) of PKR 22.9.
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Lucky Cement Announces Commencement of 25MW Solar Power Plant
Karachi, August 21, 2023 – Lucky Cement Limited, a leading player in the Pakistani cement industry, proudly announced the successful completion and commissioning of its 25-megawatt captive solar power plant.
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Lucky Cement Achieves Remarkable 63.5% Surge in Profit After Tax
Karachi, August 8, 2023 – Lucky Cement, a prominent name in the cement industry, has reported a substantial surge of 63.5 percent in its profit after tax for the fiscal year ending on June 30, 2023.
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Lucky Cement Awarded KCCI Export Trophy for Cement Excellence
Lucky Cement Limited, a leading Pakistani cement producer and exporter, was honored with the prestigious KCCI Export Trophy Awards in recognition of its exceptional achievements in the international market.
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Lucky Cement expands clinker production capacity in Iraq
Lucky Cement Limited Thursday announced its plans to expand its clinker production capacity in Iraq in response to the increasing demand for cement in the country.
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Lucky Cement announces record-breaking profit for 9MFY23
Lucky Cement Limited announced a record-breaking profit after tax of PKR 48.5 billion for the nine-month period ending March 31, 2023.
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Lucky Cement wins CSR Award 2023 at Green Energy Initiatives
KARACHI: Lucky Cement Limited Tuesday announced that it won the NFEH’s 15th Corporate Social Responsibilities (CSR) Awards 2023 in the “Green Energy Initiatives” category.
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Lucky Cement completes school for primary, secondary education
KARACHI: Lucky Cement Limited has announced the successful completion of their project to build school in collaboration with The Citizen Foundation, according to a statement issued recently.
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Lucky Cement installs 25.3 MW solar energy plant at Karachi
KARACHI: Lucky Cement Limited on Wednesday announced a signing of an agreement for installation of a 25.3 megawatts captive solar power project at an estimated cost of Rs3 billion.
In a communication sent to Pakistan Stock Exchange (PSX), Lucky Cement informed that it had entered into an arrangement with Orient Energy System (Private) Limited for the supply and installation of a 25.3 MW captive solar power project at its Karachi plant.
READ MORE: Lucky Cement posts record Rs36.42 billion profit
The estimated cost of the project is Rs3 billion and the company is in the process of establishing LCs for import of equipment which is subject to receiving approval from the State Bank of Pakistan (SBP).
The project is expected to be completed in approximately eight months after the establishment of the LC.
The company further said that the information is in addition to the earlier announced 34 MW captive solar project with a 5.589 MW Reflex energy storage at the company’s plant in Pezu, Lakki Marwat.
READ MORE: Lucky Cement announces Rs26.53 billion 9M profit
Sustainability and adoption of clean energy has remained a cornerstone of the company’s strategy and it was one of the first cement companies to install waste heat recovery (WHR) units at both its plant sites.
The company’s initiative for investment in renewable energy projects will play a key role in cost savings as well as reduction of the country’s reliance on imported fuel.