Mubarak Textile Mills Limited has released its annual financial statements for the year ended June 30, 2026, detailing a significant turnaround in profitability despite ongoing operational challenges.
- The company reported a net profit of PKR 9,108.89M compared to a loss of PKR 1,616.79M in the previous year.
- Earnings per share (EPS) improved to PKR 1.69 from a loss of PKR 0.30.
- Operating loss was recorded at PKR 10,239.65M, slightly worse than the previous year's loss of PKR 9,775.67M.
- The company continues to generate income primarily from rental activities, as it ceased manufacturing operations in 2011.
- Total revenue from other income was PKR 10,039.80M, down from PKR 10,225.88M in 2025.
- The company’s total assets stood at PKR 285,380.60M, with a notable increase in the revaluation surplus of property and equipment.
- The auditors issued a qualified opinion due to the treatment of interest-free loans from sponsors, which have not been settled.
- The company has not declared any dividends due to tight liquidity conditions.