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Pakistan Aluminium Beverage Cans Limited (PABC): CY23 Corporate Analyst Briefing – By JS Research

  • By: JS Global Capital Limited

  • - Published: Monday, 20 May 2024
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan Aluminium Beverage Can Ltd (PABC) conducted its corporate briefing today to discuss CY23 results and outlook. To recall, the company reported net earnings of Rs13.90/sh (up 86% YoY) for CY23. We present key highlights from the session.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The management highlighted that during CY23, the company&rsquo;s Can production volumes jumped by 12% YoY to 812mn Cans, taking capacity utilization to 95%.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The newly expanded capacity of 1.2bn Cans (completed in Jan-24) should enable the company to cater to the high demand during peak summer season locally as well...

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