Suhail Jute Mills Limited (SUHJ)

FINANCIAL RESULTS

Suhail Jute Mills Limited submitted progress reports for the quarters ended March 31, 2026, and September 30, 2026, noting that the company remains non-operational while sponsors continue injecting funds to keep it afloat. Efforts to dispose of unutilized assets to settle obligations and restart operations have faced delays due to worsening security and economic uncertainties in Khyber-Pakhtunkhwa.

FINANCIAL RESULTS

Suhail Jute Mills Limited reported its annual financial results for the year ended June 30, 2026, recording a net loss after tax of PKR 57.51 million (loss per share of PKR 13.27). The company remains in a non-operational state with no commercial production or revenue, and its financial statements have been prepared on a realizable basis rather than a going concern assumption.

OTHERS

Suhail Jute Mills Limited issued a notice for its 45th Annual General Meeting (AGM) to be held on October 28, 2026. The meeting will address ordinary business items including the adoption of annual audited financial statements for the year ended June 30, 2026, and the appointment of auditors.