Fast Cables Limited (FCL): FY24 Corporate Briefing Takeaways – By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Established in 1985, Fast Cables Limited (FCL) has grown from producing electrical cables to becoming a leader in Pakistan&rsquo;s cable, conductor, metals, and PVC markets. Serving housing, industrial, institutional, and export sectors, FCL's nationwide network of over 350 dealers is backed by rigorous ISO and BASEC certifications that underscore its dedication to quality.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FCL achieved a 9.6%YoY increase in revenue, reaching PKR 36.02Bn, with a strong 5-year CAGR of 38%. Profit after tax rose by 9%YoY to PKR 1.89Bn, supported by broad demand across its diverse portfolio and an expanding market footprint. EPS increased to PKR 3.68 from PKR 3.47 in F...