Gulshan Spinning Mills Limited: Transmission of Annual Audited Accounts for the year Ended 30-06-2026
Financial ResultsSTRONGLY NEGATIVE
Key facts
Reporting Period
Year ended June 30, 2026 (audited)
Loss after Taxation
PKR 44,388.78M (compared to a loss of PKR 8,025.05M in the previous year)
Loss per Share
PKR 2.00 (previously PKR 0.36)
Total Assets
PKR 95,028.88M (down from PKR 201,216.02M)
Total Equity
PKR (3,013.22M) (compared to PKR (2,968.83M) last year)
Gulshan Spinning Mills Limited has released its annual audited financial results for the year ended June 30, 2026, reporting significant losses and a shift to a non-going concern basis of accounting.
Reporting Period: Year ended June 30, 2026 (audited)
Loss after Taxation: PKR 44,388.78M (compared to a loss of PKR 8,025.05M in the previous year)
Loss per Share: PKR 2.00 (previously PKR 0.36)
Total Assets: PKR 95,028.88M (down from PKR 201,216.02M)
Total Equity: PKR (3,013.22M) (compared to PKR (2,968.83M) last year)
The company has not declared any dividends due to ongoing financial distress.
The main driver of the losses includes substantial administrative expenses and a lack of operational revenue, as the company has ceased operations.
The financial statements have been prepared on a non-going concern basis, indicating severe liquidity issues and ongoing litigation with banks.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange, per our editorial policy and data methodology. A summary for information, not investment advice — the original filing is the authoritative record.
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