Ashfaq Textile Mills Limited (ASHT)

Ashfaq Textile Mills Ltd. has clarified in response to a PSX inquiry that it is not aware of any material developments or undisclosed information that would account for the recent unusual movement in its share price or trading volume.

Ashfaq Textile Mills Limited reported a net loss of PKR 10.22 million for the nine months ended March 31, 2026, compared to a profit of PKR 2.17 million in the same period last year. The company's management highlighted significant operational challenges due to global economic uncertainty, rising oil prices, and geopolitical tensions.

Ashfaq Textile Mills Ltd. reported a net loss of PKR 10.22 million for the nine months ended March 31, 2026, compared to a profit of PKR 2.17 million in the same period last year. The company's performance for the quarter ended March 31, 2026, also showed a net loss of PKR 11.27 million, contrasting with a profit of PKR 12.24 million in the corresponding quarter of the previous year.