Amtex Limited has transmitted its Annual Report for the year ended June 30, 2026, highlighting a significant turnaround in financial performance compared to the previous year.
- Revenue for FY 2026 reached PKR 3,069.43M, up from PKR 2,370.79M in FY 2025.
- Gross profit improved to PKR 322.48M, compared to PKR 133.01M last year.
- The company reported a net profit after tax of PKR 134.53M, recovering from a net loss of PKR 130.15M in FY 2025.
- Earnings per share (EPS) increased to PKR 0.52 from a loss of PKR 0.50 per share.
- The company continues to face challenges with high debt levels, with total liabilities significantly exceeding equity, resulting in a negative equity position of PKR 8,980M.
- The auditors have raised concerns regarding the company's ability to continue as a going concern due to accumulated losses and liquidity issues.
- Despite these challenges, management is optimistic about future growth through operational improvements and financial restructuring.