Earnings Report /
Pakistan

Kohat Cement: 4Q21 review – impressive result despite cost pressures; in line with expectation

  • KOHC has posted 4QFY21 NPAT of PKR1.0bn (EPS: PKR4.81), compared with a loss of PKR0.16bn SPLY

  • Net Sales have more than doubled yoy to PKR6.24bn, but declined by 7%qoq due to a decline in total offtake by 11% qoq

  • Despite the increase in raw material costs, gross margins have increased by 0.2ppt qoq to 26.1%

Intermarket Securities
31 August 2021