Zahidjee Textile Mills Limited has transmitted its Annual Report for the year ended June 30, 2026, detailing its financial performance amidst a challenging market environment.
- The company reported sales of PKR 38,305M, down 5.67% from PKR 40,608M in the previous year.
- Gross profit decreased by 21.58% to PKR 2,096M from PKR 2,673M.
- Profit before tax and levies fell by 31.91% to PKR 1,116M compared to PKR 1,639M last year.
- Profit after tax (PAT) was PKR 1,339.6M, down 10.38% from PKR 1,494.7M, resulting in an EPS of PKR 7.00, down from PKR 7.81.
- The company did not declare any dividends due to working capital requirements.
- The report indicates a focus on cost management and operational efficiency despite declining revenues.
- The overall sentiment remains neutral as the company navigates through a difficult operating landscape.