Matco Foods Limited has released its quarterly financial report for the period ended September 30, 2026, detailing its performance amidst a strategic restructuring of its business operations.
- Consolidated net sales decreased to PKR 4,092.98M, down 8.1% from PKR 4,454.64M in the same quarter last year.
- Profit After Tax (PAT) for the quarter was PKR 153.50M, compared to PKR 166.99M in the prior year.
- Earnings Per Share (EPS) stood at PKR 1.25, down from PKR 1.36 year-on-year.
- The company reported a gross profit of PKR 720.61M, down from PKR 768.98M, with a gross margin of 17.61%.
- The restructuring involved carving out the Corn Starch and Consumer Foods divisions into separate subsidiaries, impacting comparative figures.
- Total assets as of September 30, 2026, were PKR 35,782.44M, with shareholders' equity increasing to PKR 11,205.72M.
- The company is currently negotiating a divestment of its subsidiary, Matco Corn Products (Private) Limited, which has been classified as a discontinued operation.