Earnings Preview: MLCF likely to suffer 48% average decline in cumulative profits

By MG News | February 18, 2019 at 06:38 PM GMT+05:00

0:00

February 18, 2019 (MLN): Maple Leaf Cement (MLCF) is scheduled to announce its financial earnings for the half year ended December 2018 on February 19, 2019.

Based on the estimates projected by brokerage houses, the market expects MLCF to suffer a 35% average decline in PAT (Rs.648 million, EPS: Rs.1.28) and a 48.3% decline in the cumulative net income (Rs.1.03 billion, EPS: Rs.2.13) for the first half of fiscal year 2019 (FY19).

This fall in net earnings of the company is mainly attributed to decline in volumes, coupled with impact of rupee devaluation on margins

Brokerage House	Earning in 2QFY19	EPS in 2QFY19	Earning in 1HFY19	EPS in 1HFY19
JS Global	Rs.670 million (-28%, YoY)	Rs.1.69	Rs.1.01 billion (-49%, YoY)	Rs.2.7
Arif Habib Limited	Rs.633 million (-46%, YoY)	Rs.1.07	Rs.1.2 billion (-46%, YoY)	Rs.2.05
Spectrum Securities	Rs.641 million (-30.6%, YoY)	Rs.1.08	Rs.984 million (-50.1%)	Rs.1.66

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	125,627.31 258.99M	1.00% 1248.25
ALLSHR	78,584.71 1,142.41M	1.16% 904.89
KSE30	38,153.79 69.25M	0.63% 238.06
KMI30	184,886.50 91.38M	0.01% 13.72
KMIALLSHR	53,763.81 554.57M	0.54% 290.61
BKTi	31,921.68 33.15M	1.78% 557.94
OGTi	27,773.98 9.65M	-0.40% -112.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,800.00	108,105.00 107,505.00	-435.00 -0.40%
BRENT CRUDE	66.42	66.63 66.34	-0.32 -0.48%
RICHARDS BAY COAL MONTHLY	97.00	97.00 97.00	1.05 1.09%
ROTTERDAM COAL MONTHLY	107.65	107.65 105.85	1.25 1.17%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.75	65.02 64.67	-0.36 -0.55%
SUGAR #11 WORLD	16.19	16.74 16.14	-0.52 -3.11%