Artistic Denim Mills Limited reported its financial results for the year ended June 30, 2026, revealing a significant net loss.
- Reporting Period: Year ended June 30, 2026 (audited)
- Revenue: PKR 13,895.20M (down from PKR 18,350.14M YoY)
- Gross Profit: PKR 1,125.23M (compared to PKR 1,061.70M YoY)
- Operating Profit: PKR (379.17M) (loss, previous year: PKR 67.65M profit)
- Net Loss: PKR 435.79M (compared to PKR 451.10M loss YoY)
- Loss per Share: PKR (5.19) (previous year: PKR (5.37))
- Cash Dividend: Nil
- Bonus Shares: Nil
- Main driver: The decline in revenue was primarily due to reduced sales volumes, impacting overall profitability.