Pakistan National Shipping Corporation has released its unaudited financial results for the first quarter ended September 30, 2026, showcasing significant growth in revenue and profit compared to the same period last year.
- Group turnover increased to PKR 21,290M, up 107% from PKR 10,267M in Q1 FY2025-26.
- Net profit after tax surged to PKR 9,833M, a 165% increase from PKR 3,715M year-on-year.
- Earnings per share (EPS) rose to PKR 49.64, compared to PKR 18.75 in the previous year.
- Gross profit improved significantly from PKR 3.3B to PKR 10.8B, driven by enhanced operational capacity from the induction of three new vessels.
- Finance costs increased by PKR 1.24B due to financing arrangements for the new vessels.
- The report is unaudited and reflects a strong operational performance amidst favorable market conditions.