Janana De Malucho Textile Mills Limited held a corporate briefing session detailing its financial performance for the year ended June 30, 2026, highlighting significant operational challenges and future strategies.
- The Company reported a net sales decrease to PKR 645.39M from PKR 1,523.66M, largely due to a production suspension from October 2024 to February 2026.
- Gross loss for the year was PKR 148.47M, with a loss after tax of PKR 344.26M.
- Operations resumed on a limited scale in late February 2026, currently operating at approximately 65% capacity.
- Management is focusing on improving operational efficiency through a 500-kW solar power plant installation and optimizing the yarn count mix based on market demand.
- The Company aims to expand its customer base and explore new target markets to enhance commercial viability.