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Dynea Pakistan Limited (DYNO): Corporate Briefing Takeaways – By Taurus Research

  • By: Taurus Securities Limited

  • - Published: Wednesday, 16 November 2022
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Sales: FY22 PKR 69.5Bn, up 40%YoY, (EPS: 32.93).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FY22: PAT: PKR 622Mn, down 34%YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During FY22, the sales volumes increased by 6% to 102,932MT, including 69,447MT from the resin segment and 33,485MT from molding segment. Despite the minor increase in sales volumes, the rise in sales value is due to soaring prices. In addition, as per the management, a 10-15% decline in demand is expected due to the inflationary pressure as well as the postflood scenario, for the year FY23.</span></li></ul><p></p>

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