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HomeBusinessBehtar Earnings, Umeed Se Zyada Gross Margins: GUL AHMED TEXTILE

Behtar Earnings, Umeed Se Zyada Gross Margins: GUL AHMED TEXTILE

Gul Ahmed Textile Mills (GATM) ne 2QFY24 mein PKR0.5bn (EPS: PKR0.74) ka consolidated NPAT declare kiya, 34% YoY mein kami lekin QoQ mein barabar.

Ye 1HFY24 ke total NPAT PKR1.0bn tak pohanch gaya, jo 50% YoY mein kami hai. 2QFY24 ke nateeje expectated NPAT se behtar hain, mainly zyada gross margins aur kam operating costs ki wajah se.

Revenue PKR41.2bn 36% YoY mein up lekin 3% QoQ mein down..

Gross margins 16.4% YoY mein kami lekin QoQ mein behtar.

Operating costs 10% YoY mein barh gaye lekin QoQ mein gir gaye.

Other Income PKR308mn, YoY aur QoQ mein kami.

Finance cost PKR2.2bn, YoY mein izafa lekin QoQ mein barabar.

Effective tax rate 44.5%, thoda zyada SPLY ke muqablay mein.

Export demand kam hone ki wajah se earning mei kami jaari hai, sath hi energy aur interest rates ke izafay bhi asar andaz ho rahe hain. Gas ke rates barhne se gross margins par aur dabao ayega, jabke deri se interest rate cuts finance costs ko up rakhegi.

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