Grays Leasing Limited has released its unaudited condensed interim financial statements for the quarter ended September 30, 2026, reporting a significant loss compared to the previous year.
- Revenue for the quarter was PKR 4.353M, down from PKR 5.561M in the same period last year.
- The company incurred a loss before taxation of PKR 337.56K, contrasting with a profit of PKR 1.631M in the prior year.
- After taxation, the loss amounted to PKR 577.13K, compared to a profit of PKR 4.341M previously.
- Administrative expenses rose to PKR 4.685M from PKR 3.924M, largely due to increased legal fees and operational costs.
- Total assets stood at PKR 264.074M, with total liabilities of PKR 189.686M, resulting in net assets of PKR 74.387M.
- The decline in income from lease operations was a primary factor for the loss, decreasing to PKR 3.929M from PKR 5.059M year-on-year.
- The report is unaudited, reflecting a cautious outlook for the company moving forward.