First Time Ever Pakistan To Export Cement To America

D.G. Khan Cement Company is in cycle to transport 50,000 tons of concrete to the US, revealed Bloomberg on Tuesday, a welcome improvement for Pakistan that is frantically looking for an expansion in sends out even with a broadening import/export imbalance that has pushed the rupee to record lows.

Organization CFO Inayat Ullah Niazi expressed that a boat was as of now stacking concrete at a port in Karachi for conveyance to Houston, added the report.

The improvement comes when the nation's products enrolled negative development of 10.22% consistently in May 2022, getting started at $2.6 billion from $2.897 billion in April 2022, as per most recent figures delivered by the Pakistan Bureau of Statistics (PBS).

D.G. Khan Cement, one of Pakistan's biggest concrete creators, posted a 26% higher benefit during the nine-month time frame that finished March 31, 2022 with income adding up to Rs4.1 billion. The organization had posted profit of Rs3.25 billion in a similar time of 2020-21.

In 2020, DG Khan Cement won orders for product of concrete to the Philippines.