Ali Asghar Textile Mills Limited has transmitted its Annual Report for the year ended June 30, 2026, highlighting significant growth in revenue and net profit, alongside the successful operation of its solar energy subsidiary.
- Unconsolidated revenue increased to PKR 79.8M, up 15.4% YoY from PKR 69.1M.
- Unconsolidated net profit after tax (PAT) surged to PKR 172.4M, a 150.8% increase from PKR 68.7M.
- Earnings per share (EPS) rose to PKR 3.88, compared to PKR 1.55 in the previous year.
- Consolidated revenue reached PKR 111.6M, driven by the first full year of operations from Fazal Solar Energy, contributing PKR 31.8M.
- The company's net worth crossed PKR 3 billion for the first time, growing by PKR 545M during the year.
- The report was authorized by the Board on October 7, 2026, and includes a qualified opinion from auditors regarding certain bank confirmations.
- The company is focused on navigating a challenging macroeconomic environment as it prepares for FY2027.