Fatima Fertilizer Company Limited (FATIMA): 4QCY24 EPS clocked in at PKR6.49 – Below expectation - By Insight Rresearch

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FATIMA has announced its 4QCY24 result, wherein company has posted consolidated PAT of PKR13.6bn (EPS: PKR6.49) vs. PAT of PKR10.0bn (EPS: PKR4.77) in SPLY. The result is below our expectation mainly due to lower than expected margins.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Revenue for the quarter clocked in at PKR85.9bn vs. PKR73.9bn in SPLY, mainly attributable to higher offtakes coupled with increase in product prices.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Gross margins increased by ~120bps YoY, to clock in at ~32% possibly attributable to increase in product prices. While on QoQ margins declined by 220bps despite increase in o...