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Attock Cement Pakistan Limited (ACPL): Corporate Briefing Session – By Insight Research

  • By: Insight Securities (Private) Limited

  • - Published: Wednesday, 20 November 2024
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">ACPL has conducted its analyst briefing to discuss financial results and future outlook. We have summarized key takeaways from the briefing:</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During FY24, company&rsquo;s topline increased by 12% YoY to clock in at PKR28.5bn vs. PKR25.4bn in SPLY. The increase in revenue is mainly attributable to increase in retention prices,. Similarly, company&rsquo;s profitability increased by ~135% YoY to clock in at PKR3.6bn (EPS: PKR25.95) vs. PKR1.5bn (EPS: PKR11.01) in SPLY. While, in 1QFY24, company revenue declined by 4% YoY on the back of lower volumetric sales.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">...

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