Paramount Spinning Mills Limited has transmitted its annual audited accounts for the year ended June 30, 2026, with a qualified audit opinion due to significant uncertainties regarding asset valuations and liabilities.
- Period: Year ended June 30, 2026; Audit Status: Qualified Opinion
- Revenue: PKR 0 (no operations); Net Loss: PKR (4,117.57M) vs. Profit of PKR 39,137.13M in 2025
- Earnings Per Share (EPS): PKR (0.24) vs. PKR 2.26 in 2025
- The company has ceased operations, with all assets disposed of under a Scheme of Arrangement.
- Notable balance sheet items include total liabilities of PKR 602.24M and accumulated losses of PKR (1,377.80M).
- The financial statements were prepared on a non-going concern basis, reflecting the company's current status.