Shams Textile Mills Limited (STML)

FINANCIAL RESULTS

Shams Textile Mills Limited reported its annual results for the year ended June 30, 2026, showing net sales of PKR 3,756.865 million and a reduced net loss after tax of PKR 44.161 million compared to a loss of PKR 137.194 million in the previous year. The board also proposed an equity investment of up to PKR 2,956,270 in Premier Insurance Limited.

OTHERS

Shams Textile Mills Limited has issued a notice for its 59th Annual General Meeting (AGM) to be held on October 23, 2026. Key agenda items include the adoption of annual financial statements, appointment of auditors, and passing a special resolution under Section 199 to make an equity investment of up to Rs. 2,956,270 in its associated company, Premier Insurance Limited, through subscription to right shares.

FINANCIAL RESULTS

Shams Textile Mills Limited reported an annual net loss after tax of PKR 44.16 million for the year ended June 30, 2026, an improvement compared to the net loss of PKR 137.19 million in the previous year. Net revenue from contracts with customers declined to PKR 3,756.87 million from PKR 4,104.81 million.