Pak Agro Packaging Limited (GEM) has released its Annual Report for the year ended June 30, 2026, detailing its financial performance amidst challenging market conditions.
- Revenue increased by 10.29% to PKR 947.11M, up from PKR 858.69M in FY2025.
- Gross profit fell by 27.9% to PKR 86.11M, resulting in a gross profit margin decline to 9.09% from 13.92%.
- Net profit after tax decreased significantly by 73.00% to PKR 8.59M, with EPS dropping to PKR 0.43 from PKR 1.58.
- Administrative expenses rose by 32.78%, while finance costs decreased by 14.59% due to repayment of borrowings.
- Non-current liabilities increased by PKR 123.8M, primarily from lease financing and deferred tax liabilities.
- The company rationalized its production capacity and expanded its factory premises to enhance operational efficiency.
- Despite a challenging economic environment, the company remains optimistic about future growth opportunities.