Noon Sugar Mills Limited (NONS)

OTHERS

Noon Sugar Mills Limited responded to the stock exchange's inquiry regarding unusual trading volumes in its shares, stating that it is not aware of any reason or material information that could have caused the fluctuation.

FINANCIAL RESULTS

Noon Sugar Mills Limited announced its financial results for the nine months ended June 30, 2026, reporting a net loss after tax of PKR 95.23 million compared to a profit after tax of PKR 266.50 million in the same period last year. Despite a 10% increase in net sales to PKR 10,319.83 million driven by a 48% rise in sugarcane crushing, profitability was negatively impacted by higher input costs, increased finance charges, and surplus domestic sugar production.

FINANCIAL RESULTS

Noon Sugar Mills Limited reported a net loss of PKR 95.23 million for the nine months ended June 30, 2026, compared to a profit of PKR 266.50 million in the same period last year. The company's performance was impacted by increased finance costs and higher operating expenses, resulting in a loss per share of PKR 5.77 for the nine-month period.