Cordoba Logistics & Ventures Limited has transmitted its Annual Report for the year ended June 30, 2026, detailing significant financial challenges faced during the period.
- Revenue for FY2026 was PKR 42,299M, a decrease from PKR 56,053M in FY2025.
- Net loss after taxation stood at PKR 79,370M, compared to a loss of PKR 62,959M in the previous year.
- The operating profit improved to PKR 25,890M from PKR 2,958M in FY2025, indicating better operational efficiency despite overall losses.
- The company reported a gross profit of PKR 36,765M, up from PKR 38,053M in FY2025.
- Current liabilities decreased significantly to PKR 17,888M from PKR 106,971M, reflecting improved liquidity management.
- The company plans to restructure an outstanding Sponsor's loan, which may impact future financial stability.
- The AGM is scheduled for October 28, 2026, to discuss these results and future strategies.