AGP Limited’s Earnings Surge 90% Year-on-Year, Despite Quarter-on-Quarter Dip

Karachi: AGP Limited is projected to report a significant year-on-year increase in earnings for the second quarter of the calendar year 2025, with consolidated earnings expected to reach Rs725 million, reflecting a 90% rise. This translates into an earnings per share (EPS) of Rs2.59, according to a preview by AKD Securities Limited.

However, the company is likely to experience a 15% decline in earnings on a sequential quarter basis. This decrease is attributed to the seasonal sales mix, which affects both volumes and margins during the summer months. Despite this, gross margins are anticipated to remain stable compared to the previous quarter.

For the first half of the calendar year 2025, AGP Limited’s earnings are projected to total Rs1.58 billion, marking a twofold increase compared to the same period last year.

In terms of stock performance, AGP Limited has seen a rally of 12.9% year-to-date. Nevertheless, this performance lags behind the KSE-100 index, which has risen by 7.6% over the same period. Analysts at AKD Securities suggest that this underperformance presents a viable opportunity for investors, with the stock currently trading at a projected price-to-earnings ratio of 13.6 for the calendar year 2025.