Thatta Cement Company Limited (TCCL) has achieved a major milestone in its financial growth and diversification strategy with the successful completion of a PKR 5.5 billion Islamic Sukuk and a strategic acquisition in Pakistan’s hospitality sector by acquiring 28% share of Pakistan Services Limited which actorly runs
The company has acquired 9,107,800 voting shares, representing 28% of Pakistan Services Limited, at Rs. 710 per share. This landmark investment reflects TCCL’s long-term vision to diversify its portfolio and strengthen shareholder value by venturing beyond the cement industry.
The completion of the Rated, Secured, Listed, and Privately Placed Long-Term Islamic Sukuk marks a significant step toward reinforcing the company’s capital structure and financing future growth initiatives. The success of this issuance demonstrates the confidence and trust of investors, financial institutions, and stakeholders in TCCL’s strong governance, stable performance, and sustainable business strategy.
For the fiscal year 2025, TCCL reported gross sales of Rs. 11.14 billion, up from Rs. 9.98 billion in the previous year, with net sales of Rs. 7.57 billion and gross profit of Rs. 2.15 billion.
A notable rise in other income from Rs. 0.74 billion to Rs. 1.99 billion boosted profitability, resulting in a profit after tax of Rs. 2.56 billion, compared to Rs. 1.50 billion last year.
Earnings per share increased to Rs. 30.18 from Rs. 17.72, highlighting steady operational growth and improved financial efficiency.
TCCL also contributed Rs. 5.5 billion to the national exchequer through income tax, excise duty, sales tax, and other levies during FY 2024-25, reaffirming its position as a transparent and responsible corporate taxpayer.
Embracing sustainable energy solutions, Thatta Cement Company has commissioned a 5 MW solar power plant, providing clean electricity and supplying surplus power to underprivileged communities in Thatta and Badin, a project made possible with the invaluable support of Mr. Khawaja Anver Majid.
Further strengthening its renewable portfolio, TCCL completed a 4.8 MW wind power project ahead of schedule, operational since April 3, 2025. This initiative is supporting local farmers by powering agricultural activities and boosting productivity in the region.
The company has also established a Waste Heat Recovery Plant (WHRP), capturing waste heat from the cement and power plants to generate electricity. This step significantly reduces energy wastage and carbon emissions, aligning with TCCL’s commitment to environmental sustainability.
Beyond business excellence, TCCL continues to serve surrounding communities through various welfare initiatives.
The company has set up a Silicosis Diagnostic and Health Screening Center to ensure the early detection of occupational diseases and conducts regular health and safety training sessions for employees.
Every year, around 10,000 trees are planted under the company’s environmental drive, while employees benefit from housing facilities, education assistance, healthcare services, and subsidized meals. Additionally, free medical camps are regularly held to provide essential healthcare to residents of nearby areas.
With strong financial performance, innovative renewable energy projects, and a strategic foothold in Pakistan’s hospitality industry, Thatta Cement Company Limited is setting new benchmarks for industrial growth and responsible corporate leadership.
TCCL’s success reflects a broader vision, to build a diversified, sustainable, and socially responsible enterprise that contributes meaningfully to Pakistan’s economic and environmental progress.