Pioneer Cement sales and profit rise in 2026 after 2025 sales fall 6.22%

Pioneer Cement Limited PIOC recorded higher net sales and net profit in 2026, following a decline in net sales in 2025. Gross and operating margins fell in 2026, while net margin increased.

Net sales decreased 6.22% to Rs33,308.61 million in 2025, with sales volume down 12.28% to 2.072 million tons. Capacity utilisation was 40.18%. The company’s net sales had also declined in 2024, when they totalled Rs35,519.27 million.

Pioneer Cement produces, markets and sells cement and clinker. Its operations are based in Punjab, serving central and southern Punjab as well as other parts of Pakistan through distributors, retailers and dealers. The company has made no export sales since 2022.

For 2024, the company reported net profit of Rs5,176.166 million, up 98.24% year on year, and earnings per share of Rs22.79. As of June 30, 2026, associated companies, undertakings and related parties held 88.21% of its shares.

Pioneer Cement closed at Rs233.14 on Friday, October 30.