International Knitwear Limited reported its financial results for the first quarter ended September 30, 2026, revealing a significant loss compared to the previous year.
- Reporting Period: 1st Quarter ended September 30, 2026 (Un-audited)
- Net Sales: PKR 275.35M (-0.2% YoY)
- Gross Profit: PKR 18.80M (-44.4% YoY)
- Operating Profit: PKR 6.96M (-69.6% YoY)
- Net Loss: PKR 7.65M (compared to Net Profit of PKR 11.25M YoY)
- Loss per Share (EPS): PKR -0.79 (previously PKR 1.16)
- No dividend or bonus shares declared.
- The main driver of the loss was a decline in gross profit margins, attributed to increased costs of goods sold.