Quice Foods Ltd. (Quice) held its analyst briefing today to discuss the company’s FY25 financial results and future outlook. According to AKD Research, the following are key points:
· To recall, company posted revenue of PkR1.1bn in FY25 compared to PkR0.9bn in SPLY, an increase of 21%YoY. This growth was driven by a 74% YoY increase in local sales, supported by the introduction of new plants and the strong performance of key brands.
· Gross margins improved to 17% in FY25 from 14% in SPLY, primarily due to a rebound in domestic revenue and effective direct cost control measures.
· Company reported a loss of PkR11.7mn (LPS: PkR0.12) in FY25, compared to a loss of PkR27.13mn (LPS: PkR0.28) in SPLY, reflecting a remarkable 57%YoY decline, primarily driven by cost management initiatives across the value chain.
https://research.akdsl.com/638997670542855653.pdf
AKD Research
