Fauji Cement Company Limited (FCCL): Result review FCCL 3QFY20 LPS at Rs0.15 – By Foundation Research
<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Fauji Cement Company Limited (FCCL PA) has announced
financial result for 3QFY20 with an LPS of Rs0.15 against EPS of Rs0.45/0.14/sh
in 3QFY19/2QFY20. This takes 9MFY20 earnings to Rs0.20/sh (down 89% YoY).</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The result is in-line with our expectation.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During the quarter, FCCL’s net sales decreased by 25% YoY
that is mainly a reflection of lower cement retention prices that restricted
the impact of slight expected increase in dispatches by 5% YoY
(domestic/exports down/up by 4%/192% YoY).</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Du...
