Equity Analysis /
Pakistan

ICI Pakistan: Takeaways from FY21 Corporate Briefing

  • ICI had posted record net profits for FY21, with a payout to match

  • Presently it is expanding capacities of both its cash-cow businesses, while its growth segments are thriving

  • We have Buy rating for ICI with a TP of PKR900/sh

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
8 October 2021