Fauji Cement Company Limited (FCCL): FY24 Analyst Briefing Takeaways – By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Fauji Cement Company Ltd. (FCCL) held its analyst briefing today to discuss FY24 financial results and the company&rsquo;s future outlook. Key takeaways are as follows :</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company reported its highest-ever annual earnings of PkR8.2bn (EPS: PkR3.35) in FY24, compared to PkR7.4bn (EPS: PkR3.03) in the preceding year, an increase of 11%YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The increase in earnings was largely driven by a rise in the company&rsquo;s offtakes. Wherein, total offtakes grew by 5%YoY to 5.1mn tons in FY24, supported by a 3%YoY increase in local sales to 4.56mn tons, while exports ...