After completion of the acquisition of Askari Cement, Fauji cement is all set to go into the APCMA demanding an increase in their quota for sale of cement. Sources said that FCCL plant is running at 70% capacity and after the increase in their quota the capacity utilization will go up to 100% which will have a two fold increase impact on their earnings per share which will jump to estimate of PKR 2.00 per share. Fauji Cement will lead the way in cement industry to offer a lucrative dividend yield of 10%.
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