Asim Textile Mills Limited has released its un-audited financial results for the first quarter ended September 30, 2026, highlighting a significant increase in both revenue and net profit compared to the same period last year.
- Revenue for Q1 FY2026-27 reached PKR 656.82M, up from PKR 459.26M in Q1 FY2025-26.
- Gross profit improved to PKR 67.22M, compared to PKR 22.02M in the prior year.
- Net profit after tax (PAT) surged to PKR 20.89M, a notable increase from PKR 4.85M year-on-year.
- Earnings per share (EPS) rose to PKR 1.38 from PKR 0.32.
- The report indicates ongoing challenges in the spinning sector, particularly due to high energy and raw cotton costs.
- The company continues to focus on cost rationalization and operational efficiency to enhance competitiveness.
- The financial statements are un-audited and should be read in conjunction with the annual financial statements for the year ended June 30, 2026.