Beco Steel Limited has released its annual report for the fiscal year ending June 30, 2026, showcasing significant growth in sales and profitability while clearing previous accumulated losses.
- Sales reached PKR 9,860.5M, up 32.3% from PKR 7,451.5M in FY25.
- Net Profit After Tax (PAT) surged to PKR 311.5M, compared to PKR 111.5M in the previous year, reflecting a 179.4% increase.
- Earnings Per Share (EPS) improved to Re 0.25 from Re 0.09 (restated) in FY25.
- The company reported a gross profit of PKR 427.0M, a 10.5% increase year-on-year.
- Shareholders' equity rose to PKR 3,537.2M, up 9.7% from PKR 3,225.8M in FY25, with accumulated profits of PKR 6.2M at year-end.
- The current ratio improved to 1.02, indicating a stronger liquidity position with no bank borrowings.
- The report highlights a successful year with record sales driven by copper exports and a focus on sustainable practices, including a new 5 MW solar plant project.