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Fauji Cement Company Limited (FCCL): FY22 EPS clocked in at Rs3.26, Bonus 12.5% - By Foundation Research

  • By: Foundation Securities (Pvt.) 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;">Fauji Cement Company Limited (FCCL PA) profitability clocked in at Rs7.1bn (EPS Rs3.26), up 105% YoY in FY22, as compared to profit of Rs3.5bn (EPS Rs1.59) in FY21.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The result is accompanied with bonus share issue of 12.5%</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">To highlight, following the amalgamation of Askari Cement (ACL) into FCCL, 800.5mn shares of FCCL have been allotted to ACL shareholders, accordingly financial statements for FY22 have been merged.</span></li></ul><p></p>

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