Matco Foods Ltd. (MFL) held its corporate briefing today to discuss its FY25 financial results and future outlook. The following are the key highlights as reported by AKD Research:
· The company’s topline clocked in at PkR26.7bn, down 3.8%YoY compared to PkR27.7bn during SPLY, largely attributable to a decline in selling prices of rice.
· Notably, the average selling price of White Basmati rice during FY25 stood at US$1,159, down from US$1,280 in SPLY, while Brown Basmati averaged US$949, compared to US$1,375 in the SPLY.
· Company posted earnings of PkR414mn (EPS: PkR3.4) in FY25, compared to a loss of PkR262mn (LPS: PkR2.1) in FY24, primarily attributable to i) improvement in margins, ii) higher exchange gains, and iii) decline in finance cost.
https://research.akdsl.com/638990889624383779.pdf
AKD Research
