PSO is scheduled to announce its
annual results for FY13 shortly today. We anticipate the OMC to post a PAT of
PKR 48.60/share for FY13 and PKR 10.88/share for the final quarter.
Furthermore, we expect a final payout of PKR 7.50/share bringing gross payout
to PKR 10/share. Although inventory loss owing to decline in MS and diesel
prices would subdue gross margin but lower exchange losses and financial
charges in 4Q would offset the adverse effect.
No comments:
Post a Comment