Kohat Cement (KOHC): 2QFY24 EPS at Rs11.35, up 14% YoY and flat QoQ - (In line with industry expectations) – By Topline Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">KOHC announced its 2QFY24 financial result today, where company reported profit of Rs2.2bn (EPS: Rs11.35) in 2QFY24 up 14% YoY and flat QoQ.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">This takes 1HFY24 earnings to Rs4.45bn (EPS: Rs22.73) compared to Rs3.74bn (EPS: Rs19.09), up 19% YoY due to better retention prices. KOHC&rsquo;s result came in line with industry expectation.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Revenue clocked in at Rs10.39bn in 2QFY24, down 5% YoY and 6% QoQ due to decline in cement dispatches.</span></li></ul><p></p>