External broker reports(aggregated public sources), Topline Securities

Topline Securities

External broker reports(aggregated public sources)

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Image Pakistan Limited / Equity Bottom-Up

<ul><li>Topline Securities hosted a Corporate Briefing Session (CBS) for Image Pakistan (IMAGE) today, where senior management discussed the recent financial performance and future outlook of the company.</li><li>Management aims to achieve sales of Rs4.2bn by FY24 and Rs8.2bn by FY28, compared to the Rs2.7bn in FY23. Similarly, the management targets a profit of Rs920mn in FY24 and Rs1.8bn by FY28, up from Rs289mn recorded in FY23.</li><li>In 1QFY24, IMAGE record sales of Rs794mn up 88% YoY and profit of Rs182mn up 115% YoY. Management highlighted that sales in the next quarters are expected to be even higher, driven by the upcoming festival season, including Eid and Diwali.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Topline Securities hosted a Corporate Briefing Session (CBS) for Image Pakistan (IMAGE) today, where senior management discussed the recent financial performance and future outlook of the company.Management aims to achieve sales of Rs4.2bn by FY24 and Rs8.2bn by FY28, compared to the Rs2.7bn in FY23. Similarly, the management targets a profit of Rs920mn in FY24 and Rs1.8bn by FY28, up from Rs289mn recorded in FY23.In 1QFY24, IMAGE record sales of Rs794mn up 88% YoY and profit of Rs182mn up 115% YoY. Management highlighted that sales in the next quarters are expected to be even higher, driven by the upcoming festival season, including Eid and Diwali.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Topline Flash Note: Image Pakistan Limited (IMAGE): Corporate Briefing Key Takeaways

Pakistan

Image Pakistan Ltd manufactures apparels. The Company offers ready to wear women's clothes. Image Pakistan serves customers in Pakistan.

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Image Pakistan Limited (IMAGE PA)

Topline Flash Note: Image Pakistan Limited (IMAGE): Corporate Briefing Key Takeaways

Topline Securities hosted a Corporate Briefing Session (CBS) for Image Pakistan (IMAGE) today, where senior management discussed the recent...

Topline Securities

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