Gul Ahmed Textile Mills Limited (GATM): 2QFY25 EPS arrived-in at PKR 0.93, up ~26%YoY/1.1xQoQ - By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Board Meeting: February 24, 2025.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">2QFY25: &ndash; EPS: PKR 0.93, PAT: PKR 687Mn, up ~26% over the SPLY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">For the 2QFY25, GATM&rsquo;s sales clocked-in at PKR 46Bn up 11%YoY, primarily due to increase in exports amid economic stability. However, it declined by 7%QoQ on the back of reduced seasonal demand during the quarter. Gross margins reached ~16%, stable YoY/up 3pptsQoQ, driven primarily by the Company&rsquo;s effective cost management. Moreover, other income declined significantly by 59%YoY/88%QoQ.</span></li></ul>