Maple Leaf Cement Factory Limited: 4Q FY2017 EPS PKR1.4, DPS PKR1.75– In line with expectations – By Insight Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">MLCF has announced its 4Q FY2017 results where the company has posted unconsolidated profit after tax (PAT) of PKR725m (EPS: PKR1.4), taking FY2017 PAT to PKR4.8b (EPS: PKR9.05). The result is in line with our expectations . Alongside, the company has also announced final DPS of PKR1.75 (full year FY2017: PKR3.75).</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On consolidated basis, FY2017 EPS clocked in at PKR9.05 vs. PKR9.18 last year.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During 4Q FY2017, unconsolidated net sales of the company decreased by 10% QoQ due to decline in dispatches. Gross margins also dipped by 5.85pps to 32.6%. Likewise, higher other expenses (u...