Investing.com - Fauji Cement Company reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fauji Cement Company announced earnings per share of ₨0.94 on revenue of ₨14.70. Analysts polled by Investing.com anticipated EPS of ₨0.38 on revenue of ₨6,455M.
Fauji Cement Company shares are down 11% from the beginning of the year, still down 34.22% from its 52 week high of ₨22.09 set on November 2, 2021.
Fauji Cement Company follows other major Materials sector earnings this month
Fauji Cement Company's report follows an earnings beat by ICI Pakistan on Tuesday, who reported EPS of ₨16.4 on revenue of ₨24.30B, compared to forecasts EPS of ₨13.28 on revenue of ₨20,967M.
Pioneer Cement had beat expectations on October 4 with first quarter EPS of ₨1.6 on revenue of ₨9.34B, compared to forecast for EPS of ₨1.31 on revenue of ₨9.56B.
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