Flying Cement Company Limited (FLYING) has notified that it has received a long-term mining lease by the Directorate General of Mines & Minerals (Punjab) for limestone extraction over an additional area of 1,765 acres of land situated near to its factory site, in Dhok Meharwal in District Khushab, Punjab.
This is expected to to bring value addition for the company and will lead to considerable cost savings.
After the said approval, Flying Cement will be able grow its business operations in the near future which will result in better profitability and add significant value to the shareholders’ equity.
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