Earnings Report /

Interloop Ltd: 4QFY22 Result - Inventory gains translate higher-than-expected earnings

  • ILP posted an EPS of PKR5.97 for 4QFY22, beating our expected EPS of PKR3.18 amid higher-than-expected GM and revenue

  • GMs increased by c.9ppt YoY, likely due to stellar Hosiery, Spinning segment margins and inventory gains, in our view

  • We have a Buy rating on ILP with a June’23 TP of PKR109/sh amid strong order flows for the next 6-9mths

Abdul Ghani Mianoor
Intermarket Securities
15 September 2022


Tellimer | Start Following

Start following your markets today

Follow your key analysts, markets and more so they appear here in your Watchlist - allowing you to keep an eye on the latest updates.