Descon Oxychem Limited has transmitted its Annual Report for the year ended June 30, 2026, detailing its financial performance amidst a challenging economic landscape.
- For FY 2026, the company reported a revenue of PKR 5,738.03M, down 15% from PKR 6,721.35M in FY 2025.
- Net Profit After Tax (PAT) stood at PKR 507.01M, a decrease of 41% compared to PKR 860.16M in the previous year.
- Earnings Per Share (EPS) for the year was PKR 2.90, down from PKR 4.91 in FY 2025.
- The company faced significant increases in raw material costs and pricing pressures, particularly in the first half of the year.
- Finance costs surged to PKR 65M from PKR 10M in FY 2025 due to higher short-term financing needs.
- A cash dividend of PKR 2 per share has been recommended, subject to shareholder approval at the upcoming AGM.
- The report was audited by Crowe Hussain Chaudhury & Co., confirming compliance with applicable standards.