Paramount Spinning Mills Limited reported its financial results for the first quarter ended September 30, 2026, revealing a significant loss compared to the previous year.
- Reporting Period: First Quarter ended September 30, 2026 (un-audited)
- Net Loss: PKR 553.07M (compared to a loss of PKR 1,833.48M YoY)
- Earnings per Share: PKR -0.03 (previously PKR -0.11)
- No cash dividend, bonus shares, or right shares announced.
- The main driver of the loss was attributed to high administrative expenses and finance costs.
- The company continues to face challenges, but the loss has narrowed compared to the same quarter last year.