Globe Textile Mills Limited has released its un-audited financial results for the first quarter ended September 30, 2025, reporting a net loss attributed to fixed overhead costs.
- Revenue for the quarter was PKR 0M, indicating no sales.
- The company incurred a loss before taxation of PKR 0.20M.
- Net loss after taxation stood at PKR 0.29M, compared to a loss of PKR 0.205M in the same period last year.
- Accumulated losses increased to PKR 131.67M from PKR 131.38M as of June 30, 2025.
- Total assets remained unchanged at PKR 50.39M.
- Cash and bank balances were reported at PKR 50.39M, consistent with the previous quarter.
- The report is un-audited and reflects a challenging operational environment.