Frieslandcampina Engro Pakistan | Annual 2024 Earnings

Frieslandcampina Engro Pakistan Limited Financial Results for Q4 Dec2024.

For the latest quarter ending Dec2024, FCEPL posted a profit of Rs. 0.2 per share and paid a cash dividend of Rs. 2.8 per share.

This brings the net income of FCEPL to a total of Rs. 2.9 per share for the last four quarters. While in last 4 quarters total cash distribution was Rs. 2.8 per share.

The Revenue in the latest quarter declined by 24% over the average of the previous four quarters.
The gross profit in the latest quarter declined by 13% over the average of the previous four quarters.
The PAT in the latest quarter declined by 76% over the previous quarter.

Gross profit margin for the quarter was 14.5%, compared to an average of 13.8% over the previous four quarters.

Tax rate for the quarter was 47.7%, compared to an average of 37.5% over the previous four quarters.

FCEPL has lagged behind the KSE100 by 35% over the past 3 months. And over the past 1 year FCEPL has lagged behind the KSE100 by 67%.

https://dps.psx.com.pk/download/document/247332.pdf

Frieslandcampina Engro Pakistan Limited					FCEPL
	FCEPL	FCEPL	FCEPL	FCEPL	FCEPL
Key Financials	Q4	Q3	Q2	Q1	Q4
Rs. Millions	Dec2024	Sep2024	Jun2024	Mar2024	Dec2023
Revenue	24,539	27,488	27,560	27,464	46,802
Gross Profit	3,551	4,233	4,838	4,406	2,842
Financial Charges	540	790	1,064	865	835
PBT	352	1,148	969	1,106	-33
PAT	184	766	588	665	-67
Cash Dividend	2.80	-	-	-	-
PATchange%	-76%	qoq	-72%	yoy
GPM	14.5%	15.4%	17.6%	16.0%	6.1%
Tax Rate	48%	33%	39.3%	39.9%