Thursday, 1 August 2013

EPCL 2nd Quarter 2013 Result Preview

EPCL is going to announce its 2QCY-2013 financial results on August 5, 2013. We expect the increase in earnings to a PAT of PKR = 201mn (EPS: PKR = 0.30) for 2QFY13 against LAT of PKR = 395mn (LPS: PKR = 0.60) during the same period last year. We estimate PAT for 1HFY13 to land at PKR = 367mn (EPS: PKR = 0.55) against a PAT of PKR = 14mn (EPS: PKR = 0.02) during the 1HFY12 where insurance claim receipt of PKR = 423mn was a savior. 

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