Merit Packaging Limited has released its Annual Report for the year ended June 30, 2026, detailing a significant operational recovery despite a decline in revenue due to strategic business adjustments.
- Revenue for the year was PKR 3,426.87M, down from PKR 5,280.93M in the previous year, reflecting a decrease of 35%.
- The company reported a net profit after tax (PAT) of PKR 123.64M, a substantial recovery from a loss of PKR 599.67M in the prior year.
- Earnings per share (EPS) improved to PKR 0.62, compared to a loss of PKR 3.00 per share last year.
- The operating loss before tax was PKR 241.59M, significantly reduced from a loss of PKR 533.37M in the previous year.
- The company successfully disposed of its Gravure division, which contributed to a notable gain and improved operational efficiency.
- Total assets decreased to PKR 4,014.61M from PKR 5,016.74M, while total equity increased to PKR 2,393.88M from PKR 2,272.59M.
- The current ratio stands at 1.09, indicating improved liquidity compared to 0.86 last year.