Lucky Core Industries Limited (LCI): Corporate Briefing Takeaways – By IIS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Lucky Core Industries Limited held its corporate briefing today to discuss the financial results during 1HFY24 and future outlook of the company. Key highlights of the briefing are follows:</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Consolidated revenue of the company grew by 21% YoY to PKR 60bn, whereas PAT was up by 54% YoY to PKR 5.04bn (EPS: PKR 54.58). EBIT clocked in at PKR 8.1bn, showing a growth of 52% YoY. Soda Ash and Polyester remains the major contributor along with improved margins in Pharmaceuticals and Chemicals.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company&rsquo;s balance sheet position is strong, thanks to its minima...