Quetta Textile Mills Limited has released its Annual Report for the year ended June 30, 2026, detailing significant financial challenges faced during the period. The company reported a substantial loss, although there was a reduction in the loss compared to the previous year.
- Revenue for the year was PKR 1,476.18M, up 38.61% from PKR 1,064.98M in 2025.
- Net loss after taxation was PKR 867.89M, a 46.97% improvement from a loss of PKR 1,636.75M in the prior year.
- Earnings per share (EPS) stood at PKR (66.76), compared to PKR (125.90) in the previous year.
- The company operated at only 30% of its total capacity due to high energy costs and reduced demand.
- Current liabilities exceeded current assets by PKR 8,471.08M, resulting in a current ratio of 0.26:1, down from 0.35:1 last year.
- The Board has recommended no dividend for this period.
The report indicates ongoing operational difficulties, primarily due to external economic pressures, but shows some signs of improved financial management. Sentiment: NEUTRAL