Gul Ahmed Textile Mills Limited (GATM): Robust Quarterly Earnings Amid Operational Efficiency - By HMFS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Gul Ahmed Textile Mills Limited (GATM) reported a profit after taxation of PKR 1,125mn (EPS: PKR 1.52) for 3QFY25, closely aligning with our forecast of PKR 1.56. This reflects a noteworthy 72% q/q growth compared to PKR 655mn (EPS: PKR 0.88) in 2QFY25, primarily underpinned by improved gross margins and disciplined cost management.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Revenue declined slightly by 5% q/q to PKR 37,456mn, though it registered a modest 4% y/y increase, reflecting stable demand amid evolving market dynamics and constrained consumer purchasing power.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Gross margins expanded to 13.5%, ...