Husein Industries Limited has transmitted its Annual Report for the year ended June 30, 2026, detailing its financial performance and operational insights.
- The Company reported a revenue of PKR 196.29M, down 23.4% from PKR 256.10M in the previous year, primarily due to no plot sales recognized this year.
- Net Profit After Tax (PAT) for the year was PKR 23.05M, compared to PKR 28.30M in FY2025.
- Earnings Per Share (EPS) decreased to PKR 2.17 from PKR 2.66.
- Lease income remained stable at PKR 196.29M (2025: PKR 195.83M).
- Total assets increased to PKR 816.78M from PKR 792.06M, while total liabilities stood at PKR 733.74M, leading to negative equity of PKR 25.05M, an improvement from PKR 48.10M last year.
- The Company has no bank borrowings, with significant liabilities owed to directors, who continue to provide financial support.
- No dividend has been declared due to accumulated losses and the need to conserve liquidity for future projects.
- The financial statements have been audited and prepared on a going concern basis, despite material uncertainties regarding the Company's ability to continue operations.