Maple Leaf Cement Ltd (MLCF): Corporate Briefing Takeaways – By Sherman Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Maple Leaf Cement Ltd (MLCF) conducted its corporate briefing today where in management discussed FY24 and 1QFY25 financial result. During FY24, company posted unconsolidated net earnings of Rs5.2bn (EPS Rs5.0) as compared to 4.5bn (EPS Rs4.3) during the same period last year, up by 17%YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">MLCF ranks as fourth-largest cement player across Pakistan. It holds a market share of around 10% in the Pakistani cement industry.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During FY24, company&amp;rsquo;s fuel mix consist of local coal, Imported coal and alternate fuels in the ratio of 22%/61%/17%. While currently,...