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Rafhan Maize Products Company Limited (RMPL): Corporate Briefing Notes - By Chase Research

  • By: Chase Securities Pakistan (Private) Limited

  • - Published: Friday, 16 May 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Rafhan Maize Products Company Limited reported earnings per share PKR 809.31 in CY24, up 8% from PKR 748.43 in CY23. This translates into profit after tax of PKR 7.48 Bn in CY24 compared to PKR 6.9 Bn in CY23.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The company achieved net sales of PKR 69.9 Bn in CY24, up 7% from PKR 65.5 Bn in CY23. Gross margin remained stable at 21%.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The company is currently in the process of expanding its capacities. It is working on a 200 TPD corn grind expansion and 100 TPD liquid glucose plant. It expects these projects to be commissioned in the start of CY26.</span> ...

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