Bestway Cement Limited (PSX: BWCL)

Bestway Cement Income Statement

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	102,862	103,922	87,742	72,371	56,864	37,129
Revenue Growth (YoY)	8.28%	18.44%	21.24%	27.27%	53.15%	-30.73%
Cost of Revenue	69,719	71,724	60,457	48,739	40,272	36,032
Gross Profit	33,143	32,199	27,285	23,632	16,593	1,097
Selling, General & Admin	3,063	2,824	1,952	2,414	1,207	1,353
Other Operating Expenses	1,238	1,134	992.86	1,281	700.33	-177.04
Operating Expenses	4,304	3,961	2,945	3,811	1,908	1,176
Operating Income	28,839	28,238	24,339	19,821	14,685	-79.75
Interest Expense	-10,605	-11,175	-6,795	-1,459	-1,040	-2,122
Interest & Investment Income	59.64	59.64	1,255	9.88	1.37	1.29
Earnings From Equity Investments	5,094	4,703	3,718	2,129	1,918	1,671
Currency Exchange Gain (Loss)	4.66	4.66	-282.24	15.52	5.71	-1.66
Other Non Operating Income (Expenses)	421.41	489.47	225.96	-520	-30.11	-29.8
EBT Excluding Unusual Items	23,813	22,320	22,462	19,997	15,539	-560.68
Gain (Loss) on Sale of Assets	55.16	55.16	110.69	7.77	5.38	67.22
Asset Writedown	2.63	2.63	25.88	-657.35	8.22	3.73
Legal Settlements	-	-	-	-	-14.94	-16.74
Pretax Income	23,871	22,377	22,598	19,347	15,538	-506.48
Income Tax Expense	9,117	8,609	10,707	9,108	3,960	-555.73
Earnings From Continuing Operations	14,754	13,769	11,892	10,239	11,578	49.25
Net Income	14,754	13,769	11,892	10,239	11,578	49.25
Net Income to Common	14,754	13,769	11,892	10,239	11,578	49.25
Net Income Growth	26.56%	15.78%	16.14%	-11.56%	23407.11%	-99.51%
Shares Outstanding (Basic)	596	596	596	596	596	596
Shares Outstanding (Diluted)	596	596	596	596	596	596
Shares Change (YoY)	0.02%	-	-	-	-	-
EPS (Basic)	24.74	23.09	19.94	17.17	19.42	0.08
EPS (Diluted)	24.74	23.09	19.94	17.17	19.42	0.08
EPS Growth	26.53%	15.78%	16.14%	-11.56%	23407.27%	-99.51%
Free Cash Flow	19,355	20,288	-22,377	-20,770	13,644	-3,821
Free Cash Flow Per Share	32.46	34.03	-37.53	-34.83	22.88	-6.41
Dividend Per Share	28.000	26.000	21.000	16.000	14.000	3.000
Dividend Growth	21.74%	23.81%	31.25%	14.29%	366.67%	-72.73%
Gross Margin	32.22%	30.98%	31.10%	32.65%	29.18%	2.95%
Operating Margin	28.04%	27.17%	27.74%	27.39%	25.82%	-0.21%
Profit Margin	14.34%	13.25%	13.55%	14.15%	20.36%	0.13%
Free Cash Flow Margin	18.82%	19.52%	-25.50%	-28.70%	23.99%	-10.29%
EBITDA	34,843	34,161	28,289	23,145	17,731	3,047
EBITDA Margin	33.87%	32.87%	32.24%	31.98%	31.18%	8.21%
D&A For EBITDA	6,005	5,923	3,950	3,324	3,046	3,127
EBIT	28,839	28,238	24,339	19,821	14,685	-79.75
EBIT Margin	28.04%	27.17%	27.74%	27.39%	25.82%	-0.21%
Effective Tax Rate	38.19%	38.47%	47.38%	47.08%	25.49%	-
Revenue as Reported	102,862	103,922	87,742	72,371	56,864	37,129
Advertising Expenses	-	27.19	41.53	55.64	14.76	17.02

Source: S&P Capital IQ. Standard template. Financial Sources.