AIA Engineering Ltd (GREY:AAGGY)

$ 0 0 (0%) Market Cap: - Enterprise Value: 2.38 Bil PE Ratio: 35.30 PB Ratio: 6.02 GF Score: 98/100

Q4 2021 AIA Engineering Ltd Earnings Call Transcript

May 25, 2021 / 11:00AM GMT

Transcript

Kunal D. Shah

AIA Engineering Limited - Executive Director of Corporate Affairs

Thank you so much. A very warm welcome to all of you. Thank you for joining our call. We've got -- we'll -- as usual, I'll run through some housekeeping numbers for the quarter, give you a small update on the business, and we can then move to questions and answers.

So finally, we ended the fourth quarter and got past a tumultuous year. We've done 80,000 tonnes, 79,377 tonnes this quarter and ended the full year almost at par with last year. We did 267,000 tonnes full year last year and closed this year with 266,000 tonnes. So we are happy that in a very difficult year, we managed to be at par with the previous year and could make up volumes in the fourth quarter.

The larger part of that catch-up in the fourth quarter is the pent-up demand within cement. As you know, there was a sharp recovery in consumption levels and utilization at cement plants across the country and, likewise, across the world. So -- and on account of that, we had a good nonmining demand that came in this quarter and -- which built into

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