Buxly Paints Limited has released its annual financial statements for the year ended June 30, 2026, reporting a significant net loss amid challenging market conditions.
- Financial results show a net loss after tax of PKR 34.71M, translating to a loss per share of PKR (24.10).
- Revenue decreased to PKR 519.11M from PKR 587.14M in the previous year, reflecting weaker demand.
- Gross profit fell to PKR 90.68M, down from PKR 111.88M, due to lower sales.
- Distribution and administrative expenses increased to PKR 133.52M, compared to PKR 107.03M last year.
- The company has not declared any dividends due to the incurred loss.
- Total assets stood at PKR 648.78M, with current liabilities of PKR 500.16M, indicating a challenging liquidity position.
- The Board remains committed to improving operational efficiencies and is cautiously optimistic about future profitability.