Maple Leaf Cement - Cement Sector showing better margins

For the latest quarter ending Dec2024, MLCF posted a profit of Rs. 3.1 per share and paid NO cash dividend. This brings the net income of MLCF to a total of Rs. 6.1 per share for the last four quarters. No cash distribution in last four quarters.

The Revenue in the latest quarter increased by 16% over the average of the previous four quarters.

The gross profit in the latest quarter increased by 38% over the average of the previous four quarters.

The net income in the latest quarter increased by 159% over the average of the previous four quarters.

PAT for the trailing twelve months increased by 28% compared to the prior four quarters.

Gross profit margin for the quarter was 37.5%, compared to an average of 31.5% over the previous four quarters.

https://dps.psx.com.pk/download/document/247754.pdf

Maple Leaf Cement Factory Limited						PakStox.com
Maple Leaf Cement Factory Limited					Updated: 14 Feb 2025
MLCF		MLCF	MLCF	MLCF	MLCF	MLCF
Key Financials		Q2	Q1	Q4	Q3	Q2
Rs. Millions		Dec2024	Sep2024	Jun2024	Mar2024	Dec2023
Revenue	16.2%	19,028	15,720	15,724	15,980	18,073
Gross Profit	38.2%	7,138	4,679	5,555	4,439	5,993
Financial Charges	61.8%	1,610	907	1,103	936	1,034
Profit before Tax		4,509	1,702	2,466	1,877	2,469
Profit after Tax	159.1%	3,228	1,041	975	1,132	1,835
Cash Dividend		-	-	-	-	-
EPS		3.08	0.99	0.93	1.05	1.71
GPM		37.5%	29.8%	35.3%	27.8%	33.2%
Tax Rate		28.4%	38.8%	60.5%	39.7%	25.7%

Brent Crude Logs Biggest Weekly Drop Since September on Weak Demand, Easing Tensions

Oil prices were under pressure this week. Brent crude oil futures fell 1.9% to $73 per barrel on Friday, registering the biggest weekly loss since early September, with prices dropping over 7%. The decline was attributed to weaker demand forecasts from OPEC and the International Energy Agency (IEA), slowing economic growth in China, and signs of easing geopolitical tensions in the Middle East. Both OPEC and the IEA revised down their demand forecasts for 2024 and 2025. China's refinery output declined for the sixth consecutive month, impacted by weak fuel demand and the growing adoption of electric vehicles (EVs). Meanwhile, U.S. crude oil production reached a new record last week. Although a drawdown in U.S. crude inventories and stronger-than-expected retail sales in September provided some support to oil prices, easing concerns about a broader conflict in the Middle East exerted additional downward pressure on the market.

PSX Strongly Rebounds

The Pakistan Stock Exchange (PSX) reacted positively to the conclusion of the IMF staff-level agreement and has now recovered a substantial part of the losses sustained on Monday. Today, out of the 1,139-point gain in the KSE-100 Index, around 800 points were contributed by UBL, OGDC, PPL, and Meezan Bank.

PakStox Outlook

Search This Blog