Sazgar Engineering | Q2 Dec 2024

Sazgar Engineering Works Limited Financial Results for Q2 Dec2024

For the latest quarter ending Dec2024, SAZEW posted a profit of Rs. 39.8 per share and paid a cash dividend of Rs. 10 per share. This brings the net income of SAZEW to a total of Rs. 217.5 per share for the last four quarters. While in last 4 quarters total cash distribution was Rs. 40 per share.

The Revenue in the latest quarter declined by 34% over the average of the previous four quarters. The gross profit in the latest quarter declined by 33% over the average of the previous four quarters.

The net income in the latest quarter declined by 16% over the average of the previous four quarters. While cumulative net income of last four quarters is 14% higher compared to cumulative figure for the prior four quarters.

Gross profit margin for the quarter was 28.4%, compared to an average of 28% over the previous four quarters.

Tax rate for the quarter was 43%, compared to an average of 44.2% over the previous four quarters.

SAZEW has lagged behind the KSE100 by 12% over the past 3 months. And over the past 1 year SAZEW overperformed the KSE100 by 173%.

SAZEW is trading at a market price of Rs. 1090.7 - Its Price Earning Ratio is 5 - and its dividend yield is 3.7%.

https://dps.psx.com.pk/download/document/248069.pdf

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