Crescent Fibres Limited has reported its financial results for the year ended June 30, 2026, revealing a significant loss despite an increase in property valuations.
- Reporting Period: Year ended June 30, 2026 (un-audited)
- Revenue: PKR 3,841.18M (down from PKR 4,330.54M YoY)
- Gross Loss: PKR 157.62M (improved from PKR 356.41M YoY)
- Operating Loss: PKR 610.94M (down from PKR 798.08M YoY)
- Net Loss: PKR 580.97M (improved from PKR 775.71M YoY)
- Loss per Share: PKR (46.78) (compared to PKR (62.47) YoY)
- Cash Dividend: NIL
- Bonus Shares: NIL
- Right Shares: NIL
- The main driver of the loss was a decrease in sales and high operating costs, although the company benefited from a revaluation surplus on property.