Prosperity Weaving Mills Limited has released its annual financial statements for the year ended June 30, 2026, showcasing a significant increase in net profit despite a decline in revenue.
- Revenue for FY 2026: PKR 17,543.55M, down 3.56% from PKR 18,191.08M in FY 2025.
- Net Profit After Tax (PAT): PKR 261.67M, up from PKR 91.12M in the previous year, representing 1.49% of sales.
- Earnings Per Share (EPS): PKR 14.16, compared to PKR 4.93 in FY 2025.
- The company maintained a gross profit margin improvement from 6.52% to 7.47%, aided by lower raw material costs and reduced operating expenses.
- Capital expenditure for the year was PKR 901.58M, significantly higher than PKR 253.96M in FY 2025, focusing on enhancing productivity and sustainability.
- The Board has recommended a final cash dividend of PKR 2.50 per share, consistent with the previous year.
- The financial statements were audited without qualification.