AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Lahore: Descon Oxychem Ltd (DOL) convened its analyst briefing to present its FY25 financial results, revealing a significant surge in earnings and production.
The company announced earnings of PkR860.2 million, translating to earnings per share (EPS) of PkR4.9 in FY25. This marks a 69.7% increase compared to the previous fiscal year’s earnings of PkR507.0 million (EPS: PkR2.9). The rise is mainly attributed to higher revenue and improved gross margins.
DOL’s revenue grew by 4.5% year-on-year, reaching PkR6.0 billion in FY25. This increase was largely supported by higher offtakes, as the company’s Hydrogen Peroxide (HPO) production rose by 5.0% year-on-year to 42,400 tons, up from 40,400 tons in the same period last year.
The company also reported an expansion in gross margins, which rose to 30% in FY25 from 20% in the same period last year. This improvement was driven by ongoing efficiency gains, notably reducing power consumption per ton to 562 kWh from 583 kWh per ton previously.
The briefing, sourced from AKD Securities Limited, highlighted DOL’s commitment to enhancing operational efficiency and sustaining growth momentum in the upcoming fiscal periods.