Albeit, gross margins of ACPL
dropped by 5ppts YoY to 25% during the period under review in light of weaker domestic dispatches to 482k tons tagged with 20% deprecation in the Pak Rupee against USD.
Company wise provisional data suggest that ACPL
has recorded the highest volumetric growth (50%YoY) with the major support coming from exports.
Introducing the new soap brands to distributors at the premises of ACPL
in Tema, the General Manager, Mr.
Seeing a volatile trading with key results tomorrow of POL, NRL, APL, ATRL and ACPL
to likely shift focus back to fundamentals.
The assigned ratings to ACPL
incorporate low financial risk as manifested in sound liquidity, capitalization and profitability metrics.
intends to hire 50 percent of its labour force from outside Iraq, the venture is expected to create employment opportunities for the Pakistanis.
is much smaller than Oman Cables in terms of revenue.
26 October 2011 - ICRA yesterday raised its rating on the INR150m (USD3.03m/EUR2.18m) packing credit of Indian jewellery firm ACPL
Exports Pvt Ltd to BB+ from LBB.
BANKING AND CREDIT NEWS-October 26, 2011--ICRA raises rating on ACPL
Exports' credit to BB+(C)2011 M2 COMMUNICATIONS http://www.m2.com
DG Khan Cement Company Limited (DGKC -5.00pc), Maple Leaf Cement Factory Limited (MLCF -4.98pc), Kohat Cement Company Limited (KOHC -5.00pc) and Attock Cement (Pakistan) Limited (ACPL
-5.00pc) were all floored.
The Attock Cement Pakistan Limited (ACPL
) declared profit of Rs1.37 billion during the nine months; down from Rs1.82bn during the same period last year.
Analyzing forecasted dispatches by company, experts anticipate Attock Cement (ACPL
) could potentially outshine owing to stellar growth in exports.