Lucky Cement Limited (LUCK): Earnings fall in-line with expectations – By JS Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">As per notice sent to Pakistan Stock Exchange (PSX), Lucky Cement Limited (LUCK) announced its 4QFY17 results wherein the company posted profit of Rs3,270mn (EPS: Rs10.11) vis-&agrave;-vis profit of Rs3,330mn (EPS: Rs10.30) in the same period last year, reflecting a decline of 1.8% YoY.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Along with the result, the company also announced cash dividend of Rs12/share. The results remained in-line with our expectations. Overall during FY17, earnings clocked-in at Rs42.34 (+5.8% YoY).</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Overall revenues during FY17 posted a meager increase of 1.0% YoY which combined with 4.1% YoY increase...