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Air Link Communication Limited (AIRLINK): Analyst Briefing Takeaways – By Foundation Research

  • By: Foundation Securities (Pvt.) Limited

  • - Published: Friday, 18 October 2024
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Air Link Communication Limited (AIRLINK) held its Analyst Briefing to discuss its financial/operational performance during FY24 and future prospects. Following are the key takeaways of the company</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Air Link Communication Limited (AIRLINK) profitability was recorded at Rs4.6bn (up 381% YoY) in FY24 mainly because of easing import restrictions in 2024 compared to previous years. The company announced a final cash dividend of Rs4/sh, which takes FY24 total payout to Rs6/sh.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">AIRLINK assembles its mobile phones locally, importing 80% of raw materials. The compan...

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