Colony Textile Mills Limited reported significant financial losses for the year ended June 30, 2026, with an adverse opinion from auditors regarding the company's financial statements.
- Reporting Period: Year ended June 30, 2026 (audited)
- Net Loss: PKR 11,052.31M (compared to a loss of PKR 2,227.09M in 2025)
- Gross Loss: PKR 2,033.34M (up from PKR 1,333.57M in 2025)
- Operating Loss: PKR 2,552.13M (increased from PKR 1,951.04M in 2025)
- No dividend or bonus shares announced.
- Accumulated losses reached PKR 13,117.80M, indicating severe financial distress.
- The company is pursuing a turnaround plan involving a debt-asset swap to reduce total debt and stabilize operations.