External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Nishat Mills (NML) conducted its corporate briefing session today, where the management discussed financial performance and the future outlook of the company.</li><li>To recall, NML recorded unconsolidated profit of Rs12.2bn (EPS of Rs34.6) up 18% YoY in FY23.</li><li>NML’s sales mix includes; 66% exports, 20% local sales, and 14% local sales which ultimately directed to exporters.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Nishat Mills (NML) conducted its corporate briefing session today, where the management discussed financial performance and the future outlook of the company.To recall, NML recorded unconsolidated profit of Rs12.2bn (EPS of Rs34.6) up 18% YoY in FY23.NML’s sales mix includes; 66% exports, 20% local sales, and 14% local sales which ultimately directed to exporters.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Topline Flash Note: Nishat Mills Limited (NML): Corporate Briefing Key Takeaways