Siddiqsons Tin Plate Limited has reported its financial results for the first quarter ended September 30, 2026, revealing a significant decline in revenue and profit compared to the previous year.
- Reporting Period: First Quarter ended September 30, 2026 (Unaudited)
- Revenue: PKR 481.52M (-24.7% YoY)
- Gross Profit: PKR 9.84M (-89.1% YoY)
- Net Profit: PKR 40.26M (+353.5% YoY)
- EPS: PKR 0.18 (+350% YoY)
- Cash Dividend: NIL
- Bonus Shares: NIL
- Right Shares: NIL
- Main driver: The increase in net profit was primarily due to a substantial rise in other income, despite a sharp decline in revenue and gross profit margins.