Maple Leaf Cement Factory Limited (MLCF): MLCF likely report LPS of PKR 1.13 for 2QFY20 – By Alfa - Akseer Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">MLCF is scheduled to announce its 2QFY20 financial result on 25 February 2020. We expect the company to post a loss of PKR 1.13/share for 2QFY20, taking 1HFY20 loss to PKR 2.32/share.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">MLCF topline is estimated to increase 32% YoY during 2QFY20 owing to ~70% increase in dispatches following the commencement of commercial operation of its new production line, while prevailing cement prices during 2QFY20 are likely to restrict the growth.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Gross margin for 2QFY20 is estimated to settle in at -2.4%, largely due to the company&rsquo;s inability to pass on the impact of increase in fuel...