Investing.com - ICI Pakistan reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ICI Pakistan announced earnings per share of ₨16.40 on revenue of ₨24.30. Analysts polled by Investing.com anticipated EPS of ₨13.28 on revenue of ₨20,967M.
ICI Pakistan shares are down 10% from the beginning of the year and are trading at ₨688.00 , down-from-52-week-high.
ICI Pakistan follows other major Materials sector earnings this month
ICI Pakistan's report follows an earnings beat by Pioneer Cement on October 4, who reported EPS of ₨1.6 on revenue of ₨9.34B, compared to forecasts EPS of ₨1.31 on revenue of ₨9.56B.
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