Ibrahim Fibres Limited has released its unaudited financial results for the half year ended June 30, 2026, reporting a significant loss primarily due to a settlement agreement with the Government of Sindh.
- Period: Half Year Ended June 30, 2026 (unaudited)
- Net Sales: PKR 53,820.14M, up from PKR 53,328.47M YoY
- Gross Profit: PKR 4,297.61M, down from PKR 5,020.31M YoY
- Net Loss After Tax: PKR 903.20M, compared to a profit of PKR 1,440.31M in the same period last year
- EPS: Loss per share not specified, but reflects significant downturn
- Production: 112,706 tons of Polyester Staple Fibre, down from 122,057 tons YoY
- Key Issue: Loss attributed to the recognition of a liability related to the Sindh Infrastructure Development Cess settlement
- Cash Position: Cash and bank balances at PKR 167.79M, with short-term borrowings of PKR 10,462.20M