Gulshan Spinning Mills Limited has reported its financial results for the year ended June 30, 2026, revealing significant losses compared to the previous year.
- Reporting Period: Year ended June 30, 2026 (un-audited)
- Loss after taxation: PKR 44,388.78M (compared to a loss of PKR 8,025.05M in FY25)
- Loss per share: PKR 2.00 (compared to PKR 0.36 in FY25)
- No cash dividend, bonus shares, or right shares announced
- Loss from operations increased significantly, driven by higher administrative expenses and finance costs
- The company is undergoing a scheme of arrangement with creditors, which may impact future financial stability