EPCL 4QCY24 Preview – Loss expected as energy cost burden intensifies

  • Post author:
  • Post category:PSX
  • Reading time:1 mins read
  • We expect Engro Polymer & Chemicals Ltd. (EPCL) to post a loss of PkR634mn (LPS: PkR0.7) in 4QCY24E, compared to a profit of PkR3.5bn (EPS: PkR3.7) in SPLY.
  • We expect gross margins to contract to 7.9%, mainly due to higher energy prices with  avg. gas prices for captive and process risen by  45%/15%YoY, respectively.
  • CY24 cumulative loss is anticipated at PkR2.9bn (LPS: PkR3.4), compared to a profit of PkR8.9bn (EPS: PkR9.1) in SPLY.

Courtesy- AKD  Research

Author

Print
Sharing is caring

Leave a Reply

Search Website for more Articles