Maple Leaf Cement Factory Ltd (MLCF) reported consolidated earnings of PKR3,118m for 2QFY26, down 17 per cent YoY but up 14 per cent QoQ. 1HFY26 earnings reached PKR5,840m, up 15 per cent YoY. The company did not declare a cash dividend.
Revenue for 2QFY26 was PKR18,900m, roughly flat YoY and up 15 per cent QoQ, supported by higher dispatches offsetting lower retention prices. 1HFY26 revenue totalled PKR35,419m, up two per cent YoY.
Local dispatches in 2QFY26 were 1.12Mt, up 16 per cent YoY and 18 per cent QoQ; exports fell to 0.02Mt, down 72 per cent YoY and 65 per cent QoQ. Distribution costs were PKR822m (down 21 per cent YoY, up 6 per cent QoQ). Finance costs stood at PKR207m (down 71 per cent YoY, 38 per cent QoQ), while other income amounted to PKR284m (up seven per cent YoY, down 67 per cent QoQ).
By Abdul Rab Siddiqi, Pakistan