Treet Corporation Ltd – Q1 FY25 Results Update
TREET reported Q1-FY25 EPS of Rs. 1.0 (PAT: Rs. 382 mn), rising 46% over the last four-quarter average and 56% year-on-year. The company did not declare any dividend.
Revenue grew 17% over the last four-quarter average and 11% YoY, while gross profit rose 19% and 38%, respectively. The gross margin remained stable at 37%, consistent with the recent average.
The effective tax rate increased to 34%, compared to a 27% average over the previous four quarters. PAT of Rs. 382mn includes Other Income of Rs. 242.5mn.
TREET holds a wholly-owned unquoted subsidiary, Treet Battery Limited, with an investment of approximately Rs. 8 billion. Two directors collectively own 42% of TREET’s shares.
The stock currently has no weighting in PSX indices.
https://dps.psx.com.pk/download/document/263825.pdf
More on PSX:https://dps.psx.com.pk/company/TREET
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