The Crescent Textile Mills Limited has released its annual financial report for the year ended June 30, 2026, showcasing a significant turnaround from the previous year's loss to a modest profit.
- Revenue increased by 0.6% to PKR 19,112M, compared to PKR 19,004M in FY 2025.
- Gross profit rose by 16% to PKR 1,984M, driven by improved sales margins.
- Operating profit improved by 22% to PKR 711M, reflecting better cost management.
- The company reported a profit after tax (PAT) of PKR 53M, a recovery from a loss of PKR 287M in the prior year.
- Earnings per share (EPS) for FY 2026 stood at PKR 0.53, compared to a loss per share of PKR 2.87 in FY 2025.
- The report was audited by Riaz Ahmad & Co., Chartered Accountants, and received an unqualified opinion.
- The company has opted not to declare a dividend for this period, focusing on strengthening its balance sheet.