KARACHI: Minsk Work Tractor and Assembling Ltd (MWTA), the wholly-owned subsidiary of Thatta Cement Company Ltd (THCCL), will assemble and locally produce Belarus tractors in Balochistan.
In a stock filing on Monday, THCCL said an exclusive agreement with Belarus-based OJSC Minsk Tractor Works has been reached, which will promote industrial development, job creation, and technology transfer in Pakistan’s largest province.
The agreement signifies a major strategic development for the company’s subsidiary and is expected to have a positive impact on the long-term growth and diversification of the Thatta Cement Group’s business portfolio, the company said.
FCEPL profit up
Friesland Campina Engro Pakistan Ltd (FCEPL) on Monday reported that its profit-after-tax marginally edged up to Rs2.1 billion in first nine months of calendar 2025 from Rs2bn in the same period last year.
The net sales fell by 2.8 per cent to Rs80bn during the period ending on Sept 30 from Rs82.5bn. Packaged milk category declined due to the imposition of 18pc sales tax last year, while the frozen dessert category delivered a 15pc value growth since last year.
Published in Dawn, October 21st, 2025