Maple Leaf Cement Factory Ltd. (MLCF): 3QFY25 Result Review — Higher prices and lower taxation lift earnings - By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Maple Leaf Cement Factory Ltd. (MLCF) announced its 3QFY25 financial results, posting consolidated earnings of PkR2.8bn (EPS: PkR2.67), up 86%YoY compared to PkR1.5bn (EPS: PkR1.44) in SPLY. Earnings came in above our expectations, primarily due to higher-thanexpected revenue and a lower taxation charge.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Revenue clocked in at PkR16.6bn, an increase of 4%YoY from PkR16.0bn in SPLY, supported by 5%YoY rise in company offtakes. Notably, revenue exceeded expectations, possibly due to higher-than-anticipated sales of &lsquo;hdPutty&rsquo;.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Gross margins improved b...