Leading Cables manufacturer, Pakistan Cables Limited has notified successful installation and commissioning of its Catenary Continuous Vulcanization (CCV) line, made with German engineering and technology, for manufacturing Medium Voltage Cables has been successfully completed. With the commissioning, the facility has started its commercial production. The Company’s CCV line has the highest voltage rating capability (69KV) for cables in Pakistan.
Company previously had a 8k ton capacity of copper which is expected to be enhanced to 30k ton post commissioning of expansion, whereas PVC compound capacity will be enhanced to 20k tons.
Major revenue contributor for company is wire & cable business contributing 90% with capacity utilization ranging 80-85%.
PCAL is eyeing to increase its exports revenue mix into double digits over the horizon of 5 years. Currently its less then 4 percent of total Sales.
PCAL had Profit of PKR 723mn in FY2023 with total assets of PKR 23.39 billion.
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