Attock Cement Pakistan Limited (ACPL): FY24 Analyst Briefing Takeaways – By Foundation Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Attock Cement Pakistan Limited (ACPL PA) held its FY24 analyst briefing today to discuss financial/operational performance and outlook of the company.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Attock Cement Pakistan Limited (ACPL PA) earned a profit of Rs3.5bn (EPS Rs25.96) in FY24 as against profit of Rs1.5bn (EPS Rs11.03) in FY23. ACPL reported profitability of Rs61mn (EPS Rs0.45, down by 95% YoY) in 1QFY25 as compared to Rs1.5bn (EPS Rs11.23) in 1QFY24.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">As per the management current MRP is ~Rs1,350/bag of ACPL. Furthermore, they expect the disparity of MRP between North-South is expected to co...