How big does a company need to be to make decent profits? In the Pakistani cement industry, not that big, apparently. Revenue and company size don’t determine profitability—higher margins, cost efficiency, control over expenses matter more. Mid-sized firms like KOHC and CHCC outperform larger players (like DGKC and MLCF) in earnings despite lower revenues. Infact, KOHC is the most effecient company by far making the highest margins in 1HFY25, speeding past Lucky and Bestway