LCI announces results for six months ended December 31, 2024

 

Following the meeting of the Board of Directors, Lucky Core Industries Limited (the ‘Company’) announced its financial results for the Six Months Ended December 31, 2024.

On a consolidated basis, Net Turnover for the six months under review at PKR 62,246 million is higher by 4% compared to the same period last year (SPLY). The consolidated Operating Result at PKR 9,400 million is higher by 16% compared to the SPLY.

On a consolidated basis, Profit After Tax (PAT) for the six months at PKR 6,301 million is 25% higher than the SPLY, whereas Earnings Per Share (EPS) attributed to the owners of the holding company at PKR 68.23 is 25% higher than the SPLY owing mainly to improved operating performance.

On a standalone basis, PAT and EPS for the six months under review at PKR 6,218 million and PKR 67.33, respectively, are 23% higher than the SPLY. The Board of Directors has approved an interim cash dividend in respect of the financial year ending June 30, 2025, at the rate of 340% i.e. PKR 34/- per share of PKR 10/- each.

Following the announcement of the results, LCI’s Chief Executive, Mr. Asif Jooma said, “LCI continues to demonstrate resilience in a challenging environment, underpinned by its diversified portfolio and long-term vision.

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