Maple Leaf Cement Factory Limited (MLCF): Analyst Briefing takeaways – By BMA Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Maple leaf Cement Company Limited (MLCF) conducted its analyst briefing to discuss the financial results and future roadmap. To recall, the company reported a PAT of PKR 309mn (EPS: PKR 0.28) in 1QFY21 compared to a LAT of PKR 1305mn (LPS: PKR 1.87) in the same period last year. </span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During FY20, the company&rsquo;s top line increased by 12%, mainly on the back of a 57% YoY increase in dispatches; however, the retention prices were down by PKR1,511 per ton (23% YoY decline) which resulted into the gross loss of 3%.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During 1QFY21, the improvement in earnings was mainly premised on bet...