Al-Abid Silk Mills Limited reported its un-audited financial results for the first quarter ended September 30, 2026, showing a significant loss compared to the previous year.
- Reporting Period: First Quarter ended September 30, 2026 (un-audited)
- Sales: PKR 352.91M (No prior year sales reported)
- Gross Loss: PKR 27,278.55M (vs. PKR 34,289.19M YoY)
- Loss from Operations: PKR 25,700.20M (vs. PKR 39,985.88M YoY)
- Loss After Tax: PKR 25,897.45M (vs. PKR 40,087.18M YoY)
- Loss Per Share: PKR 1.93 (vs. PKR 2.99 YoY)
- Other Income: PKR 16,163.35M (vs. PKR 8,834.35M YoY)
- The company did not declare any dividends or bonuses.
- The reduction in losses is attributed to increased other income, despite ongoing operational challenges.