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Bestway Cement Ltd (BEST)

Karachi

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219.27 -0.71 -0.32%

12:26:23 - Closed. Currency in PKR ( Disclaimer )

Volume: 14,509
Bid/Ask: 219.27 / 219.99
Day's Range: 218.03 - 221.00

Type: Equity

Market: Pakistan

ISIN: PK0077601018

S/N: BWCL

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PSX:BEST Financials

This summary provides an overview of the most significant critical numbers from each of the Bestway Cement Ltd financial reports, including theBestway Cement Ltd income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the PSX:BEST financials over time via breakdowns of their annual reports.

Bestway Cement Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 40,589.56 million compared to PKR 32,849.71 million a year ago. Revenue was PKR 29,003.96 million compared to PKR 24,147.91 million a year ago. Net income was PKR 3,707.68 million compared to PKR 4,760.54 million a year ago. Basic earnings per share from continuing operations was PKR 6.22 compared to PKR 7.98 a year ago. Diluted earnings per share from continuing operations was PKR 6.22 compared to PKR 7.98 a year ago.For the six months, sales was PKR 76,815.36 million compared to PKR 58,246.12 million a year ago. Revenue was PKR 54,864.45 million compared to PKR 42,753.97 million a year ago. Net income was PKR 6,783.01 million compared to PKR 8,069.62 million a year ago. Basic earnings per share from continuing operations was PKR 11.38 compared to PKR 13.53 a year ago. Diluted earnings per share from continuing operations was PKR 11.38 compared to PKR 13.53 a year ago.

Annual Quarterly

Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

BEST Income Statement & Profits

Gross margin TTM 30.1%

Operating margin TTM 27.01%

Net Profit margin TTM 10.23%

Return on Investment TTM 13.81%

Total Revenue Net Income

Period Ending:	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023
Total Revenue	25199.97	29003.96	25860.48	23246.53
Gross Profit	7913.34	8579.3	7171.18	7432.76
Operating Income	6933.74	7503.73	6313.48	7152.63
Net Income	3536.88	3707.68	3075.33	249.12

BEST Balance Sheet

Quick Ratio MRQ 0.06

Current Ratio MRQ 0.71

LT Debt to Equity MRQ 69.99%

Total Debt to Equity MRQ 99.11%

Total Assets Total Liabilities

Period Ending:	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023
Total Assets	167934.91	172549.64	167942.2	175139.68
Total Liabilities	106155.1	109361.27	106532.38	113294.06
Total Equity	61779.81	63188.38	61409.83	61845.62

%ENGLISH_NAME% Latest Cash Flow Statement

Cash Flow/Share TTM 36.98

Revenue/Share TTM 173.27

Operating Cash Flow 9.05%

Cash Net Change in Cash

Period Ending:	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	3501.18	5387.54	9598.56	3564.04
Cash From Investing Activities	197.12	-707.88	4045.84	-4729.55
Cash From Financing Activities	-6849.62	-1934.22	-6178.34	-11900.76
Net Change in Cash	-3151.32	2745.44	7466.06	-13066.27

* In Millions of PKR (except for per share items)

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Mansoor Farooqui Jan 17, 2024 7:01

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doesn't BWCL have a heavy debt burden?

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Muhammad Ishfaq Akram Aug 25, 2021 17:49

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best in dividend

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