Fauji Cement | Cement Sector regaining strength

Fauji Cement Company Limited, Financial Results for: Q2 - Dec2024

FCCL posted a profit of Rs. 1.6 per share, for the latest quarter ending Dec2024. Cash Dividend was Nil. This brings the net income of FCCL to a total of Rs. 4.2 per share for the last four quarters. While in the last 4 quarters, total cash distribution was Rs. 1 per share.

The Revenue in the latest quarter increased by 20% over the average of the previous four quarters. The gross profit in the latest quarter increased by 31% over the average of the previous four quarters. The net income in the latest quarter increased by 82% compared to the average of the previous four quarters.

The cumulative net income of the last four quarters stands at 15% higher compared to the cumulative total of the prior four quarters.

Gross profit margin for the quarter was 35.8%, compared to an average of 32.8% over the previous four quarters.

Substantial decline in financial charges also boosted income.

Tax rate for the quarter was 38%, compared to an average of 45% over the previous four quarters.

FCCL overperformed the KSE100 by 13% over the past 3 months. And over the past 1 year, FCCL overperformed the KSE100 by 57%. FCCL is trading at a market price of Rs. 42.1 - Its Price Earning Ratio is 10 - and its dividend yield is 2.4%.

https://dps.psx.com.pk/download/document/248135.pdf