Experts expect KOHC to pay DPS of Rs.4.50.

KOHC is anticipated to declare a profit after tax of PKR 2,164mn (EPS: PKR 10.77) in 4QFY24, reflecting a 5% QoQ increase.
Furthermore, FY24 earnings are predicted to reach PKR 8,674.90mn (EPS: PKR 43.19), a 49% YoY increase from PKR 5,820.80mn (EPS: PKR 28.98) in FY23.
During the quarter, Sales is expected to reach PKR 9,003.70mn, indicating a 6% QoQ increase.
We expect the gross margins to be around 29.02%, signalling a QoQ decrease of 0.91ppt.
We expect KOHC to pay DPS of Rs.4.50.
Coal prices were $107.50/ton in 4QFY24, compared to $119.83/ton in 4QFY23 and $96.46/ton in 3QFY24, down 10.28% year over year and 11.44% quarter over quarter.
The discount rate was 20.50% in 4QFY24, compared to 21% in 4QFY23 and 22% in 3QFY24, down 2.385% year over year and 6.81% quarter over quarter.
Average retention price increase of 1.60% QoQ and 18.71% YoY.
Local dispatches were 561,868 MT in 4QFY24 compared to 663,938 MT in 4QFY23 and 559,283 in 3QFY24, down 15.37% YoY and up 0.46% QoQ.
Export dispatches were 7,019 MT in 4QFY24, compared to 21,192 MT in 4QFY23 and 6,318 MT in 3QFY24, down 66.87% year over year and up 11.09% quarter over quarter.

Courtesy – AHCML Research