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D.G. Khan Cement Company Limited (DGKC): FY19 Result Preview – By Darson Research

  • By: Darson Securities (Private) Limited

  • - Published: Friday, 13 September 2019
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The board meeting of DG Cement (DGKC) is scheduled on Monday 16th September, 2019 to announce its financial result for FY19.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We anticipate company to post unconsolidated PAT of Rs2.84bn (EPS: Rs6.5) in FY19 as against PAT of Rs8.83bn (EPS: Rs20.17) in FY18, depicting a decline of 67.8% YoY. Along with the result, we expect company to announce a cash dividend of Rs 1.5/share.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The top line of the company is expected to grow by 32.3% YoY to Rs40.58bn during FY19 against Rs30.66bn in the same period last year. The growth is expected due to higher volumetric sales where major support i...

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