Fauji Cement Company Limited (FCCL): 3QFY22 EPS came in at PKR 0.89, up 22.16% YoY – By Alpha - Akseer Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FCCL announced its 3QFY22 results today wherein the company&rsquo;s profitability grew by 22.16% YoY to 1.23bn (EPS PKR 0.89). This takes 9MFY22 earnings to PKR 2.94/share compared to PKR 1.89/share in 9MFY21.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Topline of the company grew by 30% YoY to PKR 7.6bn in 3QFY22 compared to PKR 5.9bn in 3QFY21. This growth is primarily on the back of 31% YoY improved cement retention price to PKR 481/bag, despite the fact that company&rsquo;s dispatches went down by 1% YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FCCL&rsquo;s gross margin settled at 25.4% in 3QFY22, down 4ppts compared to 3QFY21 mainly ...