AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Lucky Cement Ltd (LUCK), Pioneer Cement Ltd (PIOC), and Attock Cement Pakistan Ltd (ACPL) are expected to report varying earnings performances for the third quarter of fiscal year 2025, according to projections from JS Global.
LUCK is anticipated to achieve earnings of Rs22.4 per share, marking a 33% increase compared to the previous year. This growth is attributed to higher dispatches and improved profit margins. Similarly, ACPL is projected to report earnings of Rs3.8 per share, which represents a significant 2.9-fold increase year-on-year.
In contrast, PIOC is expected to experience a decrease in earnings, with projections indicating a decline of 6% from the previous year, resulting in earnings of Rs4.95 per share for the quarter.
The decline in international coal prices by 17% year-to-date and stable cement market retail prices in the southern regions are expected to favor LUCK and ACPL. Meanwhile, PIOC is likely to gain from the recovery in cement prices in the northern markets moving forward.
These projections provide insights into the differing financial trajectories of these cement companies amid changing market conditions.