Century Paper & Board Mills Limited has released its unaudited financial results for the quarter ended September 30, 2026, reporting a loss amid challenging market conditions.
- The company produced 45,212 metric tons of paper, down from 48,767 metric tons year-on-year.
- Net sales decreased to PKR 9,717M, compared to PKR 10,637M in the same quarter last year.
- Gross profit improved to PKR 648M from PKR 579M, driven by a favorable product mix and higher selling prices.
- Operating profit was PKR 345M, up from PKR 307M year-on-year.
- Finance costs surged to PKR 408M, up from PKR 282M, due to higher interest rates and increased working capital utilization.
- The company reported a net loss after tax of PKR 185M, compared to a profit of PKR 13M in the previous year.
- Basic earnings per share (EPS) stood at PKR (0.46), down from PKR 0.03 in the corresponding period.
- The report is unaudited and reflects the company's performance amidst a cautious economic outlook.