Fecto Cement reports lower quarterly profit and EPS; approves acquisition of Frontier Paper Products shares
Financial ResultFecto Cement’s board approved the quarter ended September 30, 2026 results. Revenue increased year over year, but gross profit, operating profit, profit after taxation and EPS declined. The board also approved the proposed acquisition of 15,479,999 shares of Frontier Paper Products (Private) Limited, subject to regulatory and shareholder approvals and an independent valuation; the final consideration is yet to be determined.
Payout
- No cash dividend
Key Findings
- Quarterly revenue was Rs 3,772.212 million, compared with Rs 3,561.314 million a year earlier.
- Profit after taxation fell to Rs 111.040 million from Rs 207.780 million; EPS declined to Rs 2.21 from Rs 4.14.
- The board approved a proposed purchase of 15,479,999 Frontier Paper Products shares, which would raise Fecto Cement’s holding to 99.9999967%.
- The acquisition is subject to regulatory and shareholder approvals; final consideration and payment mode will be determined after independent valuation.
- No cash dividend, bonus shares, right shares or other entitlement/corporate action was recommended.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Sales revenue - net | PKR 3.56B | PKR 3.77B | +5.9% |
| Gross profit | PKR 661.79M | PKR 380.5M | -42.5% |
| Operating Profit | PKR 477.44M | PKR 216.14M | -54.7% |
| Profit for the period | PKR 207.78M | PKR 111.04M | -46.6% |
| Earning per share - basic and diluted | 4.14 | 2.21 | -46.6% |
| Interest expense on borrowings and lease liabilities | PKR 25.83M | PKR 29.11M | +12.7% |
| Cash and bank balances | PKR 245.32M | PKR 613.89M | +150.2% |
| Short term borrowing - secured | PKR 548.99M | PKR 193.55M | -64.7% |
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
