Lucky Cement Limited has announced plans to expand its cement production capacity in Pakistan and the Democratic Republic of Congo, aiming to meet rising demand and strengthen its international presence.
According to the company’s first-quarter FY27 corporate briefing, Lucky Cement plans to add 3.2 million tons per year (MTPA) of production capacity at its Karachi plant, with commercial operations targeted to begin in December 2027. The company is also planning a 1.6 MTPA expansion at its integrated cement facility in Congo, with completion expected within 18 months of construction commencement.
The company is also expanding its renewable energy capacity. Plans include adding 15 megawatts (MW) of solar capacity and a 15MW battery energy storage system at its Pezu plant. Its total installed solar capacity is expected to reach 104.3MW. Lucky Cement is also installing 22.5MW of additional wind capacity, taking its total installed wind capacity to 51.3MW. Overall, its renewable energy capacity is expected to reach 221.6MW following the planned additions.
During the first quarter of FY27, domestic cement sales rose 13% to 1.8 million tons, while the company’s domestic market share increased to 16.8%. Export volumes declined 1.9% to 0.81 million tons, although export market share rose to 35.2%.
On a standalone basis, Lucky Cement’s revenue increased 21% to Rs. 41.1 billion, while profit after tax grew 17% to Rs. 17.1 billion. However, consolidated profit after tax declined 4% to Rs. 22.6 billion despite a 5% increase in revenue to Rs. 131.9 billion.
The company said Pakistan’s economic outlook remained cautiously positive, supported by macroeconomic stability and ongoing reforms. However, fiscal pressures, structural challenges and geopolitical risks continue to pose challenges to sustained growth.
