Shaffi Chemical Industries Limited (SHCI)

Diamond Industries Limited reported that Symbol Industries (Pvt) Limited, a substantial shareholder, sold a total of 106,500 shares across three transactions between June 3, 2026, and June 8, 2026. Following these disposals, the shareholder's stake in the company decreased from 9.06% to 8.47%.

Shaffi Chemical Industries Limited reported a net profit of PKR 0.579 million for the nine months ended March 31, 2026, compared to a loss of PKR 16.414 million in the same period last year. The company has transitioned its business operations to furniture manufacturing and trading, and is planning a rights issue to meet working capital requirements and support its removal from the PSX defaulter segment.

Shaffi Chemical Industries Limited reported a turnaround in profitability for the nine months ended March 31, 2026, with a net profit of PKR 0.58 million compared to a loss of PKR 16.41 million in the same period last year. The company's financial performance improved significantly, supported by higher net sales and a reduction in finance costs.