AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)

The Javedan Cement Ltd (JCL) has reduced price of ordinary Portland cement (OPC) by Rs 3 to Rs 235 per bag of 50 kg from June 10, 2005 to pass on benefit of low-production cost to the consumers. Managing Director JCL Aslam Chandio said here, on Wednesday that the plant was now running on gas, which has reduced cost of production.
"We have passed on the benefits to the consumers," he added.
He pointed out that another reason for reducing cement prices by JCL, at a time when other factories in the private sector had escalated prices, is to facilitate people, who want to construct their houses.
"This is the only public sector cement factory, and we have reduced prices to facilitate people. After comprehensive maintenance, the plant was running on full capacity", he added.
The daily production of two kilns was estimated at 2,000 to 2,300 tonnes, of which 1,500 tonnes was clinker. Chandio said JCL had also reduced the prices of slag cement and sulphate resistance cement (SRC) to Rs 220 and Rs 250 per bag respectively.
Similarly, per tonne price of OPC has been slashed by Rs 60 to Rs 4,700, slag to Rs 4,400 and SRC to Rs 50,000.
It may be noted that gas supply to JCL was resumed in May 2005, after a suspension of months. The plant was running on costly furnace oil since December 2004.
"This was putting an additional burden on the income of the cement factory, further increasing cost of production and adversely affecting the sales planning," he added.
However, he mentioned that JCL had earned a record pre-tax profit of Rs 168.046 million during 2003-2004 despite the high cost of production and shutting down of one cement grinding unit, which was closed for maintenance purposes.
JCL had produced a record 353,906 tonnes of clinker, and 447,787 tonnes of cement during 2003-2004.

Copyright Associated Press of Pakistan, 2005

Comments

Comments are closed.