TPL Properties Ltd. (TPLP) held its analyst briefing yesterday to discuss the financial results and future outlook of the company:

·         To recall, company posted a consolidated loss of PkR1.9bn (LPS: PkR3.45) in FY25, compared to loss of PkR4.0bn (LPS: PkR7.17) in SPLY, reflecting a 52%YoY decline. This improvement was primarily driven by reduced standalone losses and growth in subsidiary revenues.

·         TPL Properties has wholly-owned subsidiaries, i) TPL RMC, ii) TPL Developments, and iii) TPL Property Management, as well as a 35% stake in TPL REIT Fund I. The revenue streams are management fees from the wholly owned subsidiaries and dividend income from TPL REIT Fund I.

Full Report

https://research.akdsl.com/639052050211865548.pdf

Courtesy – AKD Research