Karachi: Attock Cement Pakistan Ltd (ACPL) is strategizing to mitigate the impact of rising coal prices by shifting its fuel mix, as confirmed during an analyst briefing. The cement manufacturer reported a significant increase in earnings per share for the fiscal year 2026, driven by higher net sales and increased dispatches.
According to JS Global, ACPL's management is addressing the 47% year-on-year rise in coal prices by aiming for an 80:20 mix between alternative fuels and local coal, reducing dependency on imports. This proactive measure is critical in safeguarding the company's margins, with current clinker prices at $38 per ton playing a pivotal role. Additionally, the company has revised its share price target for June 2027 due to these economic pressures and anticipates that any developments regarding Fauji Cement Ltd’s stake in ACPL might influence the share price.