As On: Apr-18-2024 | 10:08 PM
We revise our earnings estimates upwards for Maple Leaf Cement Factory Limited (MLCF) after incorporating latest annual financials, change in coal prices and cement bag prices, PKR depreciation and +ve demand outlook. Our new EPS forecast for FY22/23 now comes at PKR 3.92/7.77, (up 5%/23%) compared to previous estimates of PKR 3.72/6.32 respectively…