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Fauji Cement Company Limited (FCCL): 4QFY22 EPS clocked in at PKR 1.40, DPS Nil; Bonus 12.5% - By Alpha - Akseer Research

  • By: Alpha Capital (Private) Limited

  • - Published: Wednesday, 21 September 2022
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FCCL announced its 4QFY22 results today wherein the company reported amalgamated EPS of PKR 1.40. This takes cumulative EPS for FY22 to PKR 3.26. Along with the result, the management of the company has announced bonus shares in proportion of 12.5 share for every 100 shares held (12.5%).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FCCL has reported amalgamated accounts with Askari Cement for FY22. As per our understanding, FCCL has reported FY22 EPS of PKR 2.24 while the rest can be attributed to the contribution from Askari cement.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We are placing the stock &lsquo;under review&rsquo; and will revisit...

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