Saif Textile Mills Limited has transmitted its Annual Report for the year ended June 30, 2026, detailing a significant turnaround in financial performance compared to the previous year.
- Revenue for the year reached PKR 11,712M, slightly up from PKR 11,594M in 2025.
- Gross profit increased to PKR 1,624M, improving the gross profit margin from 11% to 14%.
- The company reported a profit after tax (PAT) of PKR 241.65M, a substantial recovery from a loss of PKR 419M in the prior year.
- Earnings per share (EPS) improved to PKR 8.51, compared to a loss per share of PKR 14.70 in 2025.
- No dividend has been declared for the year, consistent with the previous year.
- The report indicates a focus on operational efficiencies and a strategic approach to market demands.
- The company maintains a stable credit rating of "A-" for long-term and "A2" for short-term by PACRA.