Attock Cement Pakistan Ltd (ACPL) is scheduled to announce its financial result for 9MFY11 on April 19, 2011. The company is likely to post QoQ profitability growth of 65% to PKR228m (US$2.7m) in 3QFY11, mainly on account of 7% growth in average retention prices coupled with a 2% QoQ improvement in the  sales.



According to analysts at Arif Habib Ltd, despite the massive expected recovery in the profitability of 3QFY11, the company is likely to suffer a bottom line contraction of 53% YoY to PKR463m (EPS: PKR 5.35) in 9MFY11. The declining brand premium of Falcon coupled with swelling energy costs are the prime profitability dampeners.
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