AGP Limited (AGP): 1QCY25 EPS clocked-in at PKR 3.04, up 1.1xYoY - By Taurus Research

<p></p><ul><li><span style="font-size:medium;font-family:Arial, Helvetica, sans-serif;">1QCY25: &ndash; EPS: PKR 3.04, PAT: PKR 1.0Bn, up 1.3xYoY, in line with expectations.</span></li></ul><ul><li><span style="font-size:medium;font-family:Arial, Helvetica, sans-serif;">AGP&rsquo;s topline clocked-in at PKR 7.1Bn for 1QCY25, mainly benefitting from the deregulation of non essential medicines and increase in prices of multiple essential medicines. Gross margins increased ~4pptsYoY by arriving at ~58% as compared to ~53% in the SPLY (as expected) driven by higher prices of medicines.</span></li></ul><ul><li><span style="font-size:medium;font-family:Arial, Helvetica, sans-serif;">Finance costs arrived at PKR 385Mn as compared to PKR 730Mn, down 47%YoY/27%QoQ driven by lower policy rate and the Company&rsquo;s reduced borrowings. Whereas, ...