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Pakistan Textile: 3QFY25: Stable revenue & margins - By JS Research

  • By: JS Global Capital Limited

  • - Published: Tuesday, 20 May 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We review 3QFY25 performance of Textile sector with our sample size of 8 companies. Our sample companies reported a revenue growth of 4% YoY; however, gross margins dipped by 2% YoY (mainly due to softening of product prices). Earnings rose by 13% YoY during the period mainly led by 24% YoY decline in finance cost (-24% YoY), off-setting dip in margins and higher taxation during the quarter.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On QoQ basis, our selected companies reported flat top-line growth and gross margins. However, rise in taxes has resulted in 10% QoQ drop in the net earnings.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Interes...

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