Descon Oxychem Limited (DOL)

Descon Oxychem Limited has announced that its Board of Directors' meeting will be held on September 3, 2026, to consider the annual accounts for the period ended June 30, 2026. A closed period is in effect from August 25, 2026, to September 3, 2026.

Descon Oxychem Limited reported a significant decline in profitability for the nine months ended March 31, 2026, with profit after tax falling to PKR 318 million from PKR 731 million in the same period last year, primarily due to intense pricing pressure from imported hydrogen peroxide. The company successfully commissioned a 2 MW solar power project to reduce energy costs and completed its annual plant turnaround ahead of schedule.

Descon Oxychem Limited reported a significant decline in profitability for the nine-month period ended March 31, 2026, with net profit falling to Rs 318 million from Rs 731 million in the same period last year. The results were impacted by intense pricing pressure from imported hydrogen peroxide and increased logistical costs, though the company successfully commissioned a 2 MW solar power project to improve energy efficiency.