Maple Leaf Cement (MLCF): Earnings beat expectation on lower tax - By IIS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Maple Leaf Cement (MLCF) announced its 3QFY25 results today, where the company posted consolidated PAT of PKR 2.8bn (EPS: PKR 2.64) compared to PKR 1.5bn (EPS: PKR 1.44) in the same period last year, reflecting a 2x YoY increase. This strong performance was driven by improved gross margins and a lower effective tax rate.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The company&rsquo;s topline grew by 4% YoY to PKR 16.6bn, mainly due to higher bag prices. However, revenue declined by 13% QoQ, owing to a 10% drop in total dispatches and a 5% QoQ decline in prices.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Gross margins stood at 36% compared to...