Loads Limited (LOADS): FY24 Analyst Briefing takeaways – By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">LOADS Ltd. (LOADS) held its corporate briefing today to discuss its FY24 financial results and future outlook. Following are the key highlights:</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company posted topline of PkR4.4bn in FY24 compared to PkR4.5bn in FY23, a slight decline of 4%YoY due to lower sales volume amid slowdown in the auto industry.</span></li></ul><ul><li><span>&nbsp;</span><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Moreover, company&rsquo;s earning clocked in at PkR287mn (EPS: PkR2.65) in FY24 compared to a loss of PkR1.7bn (LPS: Pk5.339) in FY23, due to negotiations with OEM&rsquo;s resulting in increase in pricing.</span></li></ul><p></p>