Pakistan Textiles: Result Previews 4QFY25E – By Taurus Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">TSL Textile Universe profitability is expected to increase ~65% QoQ during 4QFY25, primarily due to reduced finance costs and improved textile exports. Resulting into an estimated ~1.1xQoQ/20%YoY earning growth&mdash; mainly due to a rebound in NML profitability&mdash; excluding NML, earnings to increase 16% QoQ. However, margins remained under pressure during FY25 due to higher input costs, elevated energy costs and high taxa tion. Textile exports reflected a modest 2%YoY growth in 4QFY25, while, increased 7%YoY in FY25 supported by higher exports of value-added textile. Moreover, local cotton prices re mained stable at PKR 16,500-17,500/maund in FY25.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In...