Day End Prices will be available on InvestorsLounge.com !


Loads Limited (LOADS): Analyst Briefing Takeaways – By Foundation Research

  • By: Foundation Securities (Pvt.) Limited

  • - Published: Thursday, 10 November 2022
LOADS.png
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Loads Limited (LOADS PA) held its analyst briefing today to discuss its FY22 financial results and outlook. Following are the key takeaways of the briefing.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">LOADS consolidated revenue clocked in at Rs7.8bn, up by 65% YoY, during FY22 on the back of 53% YoY increase in OEM sales. However, company reported loss of Rs86mn on consolidated basis in FY22 due to (1) imposition of 10% super tax and (2) decline in share of profit from associated undertaking, Treet Corporation Limited, which went from a profit of Rs26mn in FY21 to a loss of Rs8mn in FY22.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Managemen...

Similar Reports