Beco Steel Limited has released its un-audited financial results for the first quarter ended September 30, 2026, showing a decline in key performance metrics compared to the same period last year.
- Sales decreased to PKR 1,476.20M, down 36.28% from PKR 2,316.60M in Q1 2025.
- Gross profit fell to PKR 172.32M, a 22.96% decline year-on-year.
- Operating profit was reported at PKR 134.02M, down 25.04% from the previous year.
- Profit after taxation decreased to PKR 117.67M, compared to PKR 149.96M in Q1 2025, resulting in an EPS of PKR 0.09 (restated from PKR 0.12).
- Total assets decreased to PKR 6,474.50M from PKR 7,635.75M as of June 30, 2026.
- Trade debts significantly reduced to PKR 844.14M from PKR 2,125.06M.
- The company did not declare any dividend for the quarter.
- The report is un-audited and reflects a focus on cost control and operational efficiency moving forward.