Khalid Siraj Textile Mills Limited has released its annual financial report for the year ended June 30, 2026, highlighting significant challenges faced by the textile sector and the company's operational suspension.
- The company reported a net loss of PKR 19,354M for the year, compared to a loss of PKR 19,323M in the previous year.
- Revenue for the year was PKR 45.15M, with no turnover reported in the previous year.
- Earnings per share (EPS) improved to PKR 1.83 from a loss of PKR 1.81 in the prior year.
- The company has suspended operations to mitigate further losses, reflecting the severe crisis in the textile industry.
- Total assets increased to PKR 464.16M from PKR 303.07M, while total liabilities stood at PKR 386.56M.
- The board has decided not to recommend any dividends due to the ongoing losses.