Nishat Chunian Ltd. (NCL): 2QFY25 Result Review — Earnings rebound on lower finance cost with surprise dividend - By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Nishat Chunian Ltd. (NCL) announced its 2QFY25 results, reporting earnings of PkR231mn (EPS: PkR0.96), compared to loss of PkR911mn (LPS: PkR3.80) in SPLY. The said turnaround is attributed to the lower finance cost and improved gross margins. Earning came largely in line with our expectations. Alongside the result, company announced an interim dividend of PkR1.0/sh.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Revenue increased by 3%YoY to PkR20.7bn, compared to PkR20.1bn in SPLY, driven by higher prices. On a sequential basis, revenue declined by 11%QoQ due to seasonal export slowdown.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Gross margins...