Attock Cement Company Ltd. (ACPL)- FY11 Result
Preview
Attock Cement Ltd.
(ACPL) is scheduled to announce its FY11 result on September 12, 2011. We
expect the company to post PAT of Rs696mn (EPS: 8.03) for FY11 versus PAT of
Rs1,017 mn (EPS: 11.74) in corresponding period last year, massive decline of
(-32% YoY). Company’s profitability in 4Q11 likely to improve by
(+42% QoQ) translating into PAT of Rs270mn (EPS: 3.12) versus PAT of Rs190 mn
(EPS: 2.20) in 3Q11. Moreover we expect company to announce final cash dividend
of Rs4/ share and 10% stock dividend.
