Karachi: Lucky Cement Ltd. (LUCK) reported its financial results for the third quarter of fiscal year 2026, revealing a robust performance with unconsolidated earnings of PkR13.5 billion, consistent with the same period last year. The company's consolidated profitability saw a 6% increase year-over-year, reaching PkR20.4 billion, largely attributed to improved domestic cement operations.
According to AKD Securities Limited, the earnings surpassed expectations primarily due to higher-than-anticipated other income from dividends received from LEPCL. Standalone revenue increased by 10% year-over-year to PkR33.2 billion, driven by a 3% rise in total offtakes and higher retention prices. Gross margins improved to 36.9%, supported by increased retention prices and lower grid tariffs, alongside an incremental electricity package.
Operating expenses rose by 6% to PkR2.8 billion, reflecting higher export volumes compared to the previous year. The financial results underscore Lucky Cement's strategic focus on optimizing domestic operations and leveraging income from dividends to bolster profitability.
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