AGP Limited (AGP): CY24 Corporate Briefing Takeaways - By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">AGP Limited was incorporated as a public limited company in May 2014. The Company got listed on Pakistan Stock Exchange Limited on 05 March 2018. The principal activities of the Company include import, marketing, export, dealership, distribution, wholesale and manufacturing of all kinds of pharmaceutical products.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In CY24, stand-alone revenue clocked in at PKR 18.5Bn compared to PKR 13.8Bn, up 34% over the SPLY. While consolidated revenue clocked in at PKR 25Bn as compared to PKR 18.7Bn, up 34% driven by higher prices. Consolidated gross margins increased 4ppts arriving at 58% compared to 54% in the SPLY primarily attributable to pass on effects of pric...