Jubilee Spinning & Weaving Mills Ltd. has reported its financial results for the first quarter ended September 30, 2026, revealing a significant decline in profitability compared to the previous year.
- Reporting Period: First Quarter ended September 30, 2026 (Un-audited)
- Revenue: PKR 2,681.46M (-18.0% YoY)
- Gross Profit: PKR (379.02M) (compared to PKR 1,626.23M YoY)
- Net Profit: PKR (5,128.21M) (compared to PKR -2,828.31M YoY)
- Loss per Share: PKR (0.16) (compared to PKR -0.09 YoY)
- The company did not declare any dividend for this period.
- The main driver of the loss was a significant increase in administrative expenses and a decline in revenue.
- Overall sentiment reflects a decline in performance with substantial losses reported.