External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>D.G. Khan Cement (DGKC) announced 3QFY24 unconsolidated earnings of Rs1.2bn (EPS of Rs2.69), which is flat YoY but up by 200% QoQ. The result came higher than industry expectations.</li><li>This takes 9MFY24 earnings to Rs2.2bn (EPS of 5.10), up 6% YoY.</li><li>The main reason for the higher-than-expected earnings in 3QFY24 is the higher-than-expected gross margins.</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>

D.G. Khan Cement (DGKC) announced 3QFY24 unconsolidated earnings of Rs1.2bn (EPS of Rs2.69), which is flat YoY but up by 200% QoQ. The result came higher than industry expectations.This takes 9MFY24 earnings to Rs2.2bn (EPS of 5.10), up 6% YoY.The main reason for the higher-than-expected earnings in 3QFY24 is the higher-than-expected gross margins.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.

DG Khan Cement (DGKC): 3QFY24 EPS at Rs2.69, up 200% QoQ (result higher than industry expectations)