Mubarak Textile Mills Limited has released its un-audited financial statements for the first quarter ended September 30, 2026, reporting a loss before taxation of PKR 0.248M, an improvement compared to the loss of PKR 0.736M in the same period last year.
- Revenue from rental income increased to PKR 2.666M from PKR 2.496M year-on-year.
- Administrative expenses decreased to PKR 2.914M from PKR 3.231M in the previous year.
- Loss for the period stands at PKR 0.515M, compared to a loss of PKR 0.985M in Q1 2025.
- Cash and bank balances decreased to PKR 0.459M from PKR 0.826M at the end of the previous quarter.
- The company continues to face challenges due to tight liquidity and adverse market conditions, limiting business activities.
- The financial statements are un-audited and comply with IAS 34 for interim reporting.