cementcement sales appear to jump by 23% MoM in Sep-13

Based on the provisional numbers, cement sales appear to jump by 23% MoM in Sep-13 as seasonal effect eases off. Based on the provisional numbers, please find our 1QFY14 earnings expectations and a detailed breakup of cement sales.

 

Cement Dispatches        
(000) tons

Sep-13

Aug-13

MoM

Sep-12

YoY

North

         2,145

           1,749

23%

         2,133

1%

Local

        1,599

          1,312

22%

        1,499

7%

Exports

           546

             438

25%

           634

-14%

South

            622

              501

24%

            478

30%

Local

           388

             262

48%

           294

32%

Exports

           233

             239

-2%

           184

27%

Total Local

        1,987

           1,574

26%

         1,793

11%

Total Exports

            779

              677

15%

            818

-5%

Grand Total

         2,766

           2,251

23%

         2,611

6%

Source: APCMA and AHL Research      

 

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