The Company continues to progress on its promise of Cultivating Growth.
Karachi, April 24, 2024 : Following the meeting of the Board of Directors, Lucky Core Industries Limited announced its financial results for the nine months ended March 31, 2024.
Financial Highlights, On a consolidated basis, Net Turnover for the nine months under review at PKR 91,094 million is higher by 13% over the same period last year (SPLY).
The consolidated Operating Result at PKR 12,678 million is higher by 21% in comparison to
the SPLY.
On a consolidated basis, Profit After Tax (PAT) for the nine months ended at PKR 7,939
million and Earnings Per Share (EPS) attributed to the owners of the holding company at
PKR 85.94 are 64% lower than the SPLY.
Excluding the impact of the one-off gain from the partial divestment of NutriCo Morinaga (Private) Limited (NMPL) shares in the SPLY, PAT and EPS attributed to owners of the holding company would have been higher by 34% and 40% respectively.
On a standalone basis, for the nine months under review, PAT and EPS at PKR 7,933
million and PKR 85.89 respectively are 46% lower than the SPLY. Excluding the impact of
the aforesaid one-off accounting gain on the partial divestment of NMPL shares in the SPLY,
PAT and EPS would have been higher by 40%.
Following the announcements of results, LCI’s Chief Executive Mr Asif Jooma said “As we
navigate through challenges, LCI is focused on continuing its strong financial performance and
creating greater value for its stakeholders.”
