Baluchistan Glass Limited has transmitted its Annual Report for the year ended June 30, 2026, detailing significant operational challenges and financial performance.
- The company reported net sales of PKR 24.08M, down from PKR 717.83M in the previous year.
- Gross loss for the year was PKR 306.06M, compared to a loss of PKR 463.79M in FY2025.
- Loss after tax decreased to PKR 517.24M from PKR 713.46M year-on-year.
- Loss per share improved to PKR 0.81 from PKR 1.85 in the prior year.
- The company continues to face operational constraints, particularly at Unit-I due to low gas pressure, affecting production consistency.
- The audit report was issued without qualification, but a material uncertainty regarding the company's ability to continue as a going concern was noted.
- The company has negative equity of PKR 703.61M and current liabilities exceeding current assets by PKR 2.10B.
- The management is focused on resolving operational issues and restoring production capabilities.