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>FCCL announced its 3QFY25 result with earnings of Rs2.1bn (EPS of Rs0.87), up by 21% YoY.</li>
<li>The result was lower than industry expectations due to higher finance costs and lower gross margins.</li>
<li>No cash dividend was announced for 3QFY25, aligning with expectations.</li>
</ul>


FCCL announced its 3QFY25 result with earnings of Rs2.1bn (EPS of Rs0.87), up by 21% YoY.
The result was lower than industry expectations due to higher finance costs and lower gross margins.
No cash dividend was announced for 3QFY25, aligning with expectations.


Fauji Cement (FCCL): 3QFY25 EPS at Rs0.87, up by 21% YoY (Earnings lower than expectations)