{"id":10007,"date":"2025-07-18T11:54:32","date_gmt":"2025-07-18T06:54:32","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=10007"},"modified":"2025-07-18T11:54:34","modified_gmt":"2025-07-18T06:54:34","slug":"attock-cement-acpl-gears-up-for-mixed-4qfy25-results","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/attock-cement-acpl-gears-up-for-mixed-4qfy25-results\/","title":{"rendered":"Attock Cement (ACPL) gears up for mixed 4QFY25 results"},"content":{"rendered":"\n<p><strong>Attock Cement Pakistan Limited (<a href=\"https:\/\/ksestocks.com\/blog\/tag\/acpl\/\" data-type=\"post_tag\" data-id=\"174\" target=\"_blank\" rel=\"noreferrer noopener\">ACPL<\/a>) <\/strong>is set to announce its earnings for the final quarter of FY25, and there\u2019s a mix of positives and challenges in the picture.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Earnings drop despite strong sales<\/h2>\n\n\n\n<p>ACPL is expected to report <strong>net profit of PKR 590 million<\/strong> in 4QFY25, which is down <strong>11% compared to last quarter<\/strong> and <strong>56% lower than the same period last year<\/strong>. This would translate to an <strong>Earnings Per Share (EPS)<\/strong> of <strong>PKR 4.3<\/strong> for the quarter.<\/p>\n\n\n\n<p>So, why the drop in earnings?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Domestic sales weak, exports to the rescue<\/h2>\n\n\n\n<p>The company\u2019s total sales for the quarter are estimated at <strong>PKR 8.2 billion<\/strong>, slightly lower than the previous quarter. The key reason? A <strong>21% decline in local cement dispatches<\/strong> due to weak demand in the South region of Pakistan.<\/p>\n\n\n\n<p>However, ACPL managed to cushion the impact thanks to a <strong>strong boost in exports<\/strong>, which jumped <strong>over 100%<\/strong> compared to the last quarter. This shows the company\u2019s export strategy is working, at least for now.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Future export outlook may be uncertain<\/h2>\n\n\n\n<p>While exports helped this quarter, ACPL might face pressure going forward. <strong>Changes in U.S. trade policy<\/strong> and possible <strong>tariff hikes<\/strong> could hurt global cement exports, and ACPL is not immune to that risk.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Margins and dividend<\/h2>\n\n\n\n<p>Gross margins are expected to remain steady at <strong>around 25%<\/strong>, but <strong>finance costs have gone up sharply<\/strong> compared to last year, mainly due to higher debt. On a positive note, <strong>other income increased significantly<\/strong>, helping support the bottom line.<\/p>\n\n\n\n<p>ACPL is also expected to declare a <strong>cash dividend of PKR 3.0 per share<\/strong>, which brings total FY25 payout to <strong>PKR 3.0<\/strong>, down from PKR 6.5 last year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Investor takeaway<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ACPL\u2019s exports are the key driver right now, but future trade risks must be watched.<\/li>\n\n\n\n<li>Margins are stable, but higher finance costs are squeezing profitability.<\/li>\n\n\n\n<li>A dividend is still on the table, but overall FY25 earnings are lower than last year.<\/li>\n<\/ul>\n\n\n\n<p>With sales pressure at home and potential headwinds abroad, <strong>investors should keep a close eye on regional demand and global trade trends<\/strong> before making any decisions.<\/p>\n\n\n\n<p><strong>Source: Taurus Securities Limited<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Attock Cement Pakistan Limited (ACPL) is set to announce its earnings for the final quarter of FY25, and there\u2019s a mix of positives and challenges in the picture.<\/p>\n","protected":false},"author":9252,"featured_media":6423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154,138],"tags":[174],"class_list":["post-10007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-financials","tag-acpl"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/ACPL-STOCK-PSX-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/ACPL-STOCK-PSX-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/ACPL-STOCK-PSX-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/ACPL-STOCK-PSX.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/10007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/9252"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=10007"}],"version-history":[{"count":1,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/10007\/revisions"}],"predecessor-version":[{"id":10008,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/10007\/revisions\/10008"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/6423"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=10007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=10007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=10007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}