Tariq Glass Industries Limited (TGL): FY24 Corporate Briefing Takeaways – By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In FY24, the topline of the Company clocked-in at ~PKR 29.6Bn, representing an upside of 4%YoY as compared to ~PKR 28.4 in the SPLY. Subsequently, gross margin reported was 26%, up 6ppts YoY. Additionally, PAT arrived at ~PKR 4.4Bn, (EPS PKR 25.41), up 74% as compared to ~PKR 2.5Bn (EPS 14.63) in the SPLY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Sales across Pakistan are predominantly concentrated in the Central region, accounting for ~63% of sales, followed by the Northern region at 24%, and the Southern region at 13%. On the international front, Asia is the largest market, contributing 37% of total export revenue, with Europe, South America, Africa, and North America providing 25%, 19%,...