The board meetings for the 9MFY15 financial results of Fecto Cement Limited (FECTC) and Fauji Fertilizer bin Qasim (FFBL) for 1QCY15 to hold on April 27, 2015.

FECTC: Bottom line to shrinks
Fecto cement likely to post profit after taxation of Rs 451 million (EPS: Rs 9.01) for 9MFY15 against Rs 458 million (EPS: Rs 9.13) in same period last year, depicting decline of 1% YoY. This is primarily expected due to higher stores and spares consumed and higher taxation of 26.1% against 19.6% in 9MFY14. However, QoQ basis, earning to escalate by 37% to Rs 167 million (EPS: Rs 3.32) in 3QFY15 versus Rs 122 million (EPS: Rs 2.42) in 2QFY15 due to lower maintenance cost. Net sales is expected to surge by 3% at Rs 3.53 billion as against Rs 3.43 billion during 9MFY14 on account of higher lower dispatches of around 4% at 515k tons in 9MFY15 and rise in cement prices by 2% YoY. Gross profit likely to hike by 7% to Rs 1,033 million versus Rs 961 million in 9MFY14.


Result Previews of FECTC & FFBL