Pakistan PVC Limited has released its unaudited financial results for the first quarter ending September 30, 2026, indicating a further decline in performance due to operational challenges and financial constraints.
- Revenue for the quarter was PKR 0.912M, down from PKR 1.043M in the same period last year.
- The company reported a net loss of PKR 2.781M, compared to a loss of PKR 1.686M in the previous year.
- The Gharo Plant remains closed, resulting in no production during the quarter.
- Management highlights ongoing financial charges and idle costs as significant factors affecting performance.
- The company is facing challenges due to a shortage of funds and adverse economic conditions.