Automobile Assemblers: Earnings Preview: Profitability to improve on QoQ basis - By Insight Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We preview quarterly results of INDU, SAZEW, MTL and AGTL
for Jun’25, wherein we expect ISL auto universe to post
revenue of PKR119.4bn, up by 10%/5% YoY/QoQ, led by higher
volumetric sales. In Jun’25, sector is expected to post PAT of
PKR13.1bn, up by ~18% YoY. Whereas on QoQ basis,
profitability is anticipated to decline by ~8% QoQ. Company
specific, we expect INDU/SAZEW/MTL/AGTL to post an EPS of
PKR94.6/71.9/5.5/3.1 in Jun’25, respectively. Furthermore, we
expect INDU/SAZEW/MTL to announce DPS of
~PKR56.0/12.0/11.0.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">To highlight, passenger cars sales increased by 34%/27% YoY/
QoQ to clock in at 36.8k units in 4QFY25. The incr...
