Maple Leaf Cement Factory Limited (MLCF): 2QFY23 EPS clocked in at PKR 2.7, up 53% YoY – By Alpha - Akseer Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">MLCF announced its 2QFY23 financial result today, wherein
the company posted a consolidated EPS of PKR 2.7, up 53% YoY, compared to an
EPS of PKR 1.8 in 2QFY22. This takes cumulative earnings in 1HFY23 to PKR
4.0/share, up 56% YoY. The result came in higher than our expectation mainly
due to higher gross margins.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Topline of the company augmented by 41% YoY to PKR 17.2bn
during 2QFY23. This is mainly due to significantly improved retention prices
(+54% YoY), despite the fact that company’s volumes plunged by 8% YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Finance cost of the company grew by...
