Day End Prices will be available on InvestorsLounge.com !


Tariq Glass Industries Limited (TGL): 4QFY23 Result Preview – By Darson Research

  • By: Darson Securities (Private) Limited

  • - Published: Monday, 25 September 2023
TGL.png
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">TGL is scheduled to hold its board meeting tomorrow, 26th September 2023. Where we expect the company to post final quarter of FY23 earnings of PKR563mn (EPS: PKR3.27) 91% higher in comparison to the SPLY where the company posted earnings of PKR295mn (EPS: PKR2.14). Earnings are expected to increase over higher selling price and decline in prices of raw material and energy. However on cumulative basis company is expected to experience a 33% decline in earnings due to the slowdown in the economy and the construction sector.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Topline of the company is expected to increase by 8% YoY as hike in float and tableware prices by 33% YoY are expected to suppor...

Similar Reports