CJPL · Crescent Jute Products Limited
Crescent Jute Products Reports Q1 FY2027 Loss of PKR 1.32 Million
Official PSX filing title: Transmission of Quarterly Report for the Period Ended September 30, 2026
- Filed
- 27 October 2026 at 2:27 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
Executive summary
Crescent Jute Products Limited reported a net loss of PKR 1.32 million for the first quarter ended September 30, 2026, compared to a loss of PKR 1.48 million in the same period last year. The company remains in non-going concern status with suspended business operations, pending litigation, and ongoing implementation of a board-approved closure plan.
Key takeaways
- Net loss for the quarter ended September 30, 2026, narrowed slightly to PKR 1.32 million from a loss of PKR 1.48 million in the comparative period.
- Loss per share remained unchanged at basic and diluted PKR (0.06).
- Total income for the quarter stood at PKR (51,441) compared to PKR 73,760 previously.
- Auditors have issued a qualified opinion regarding going concern and non-accrual of markup.
- The management is implementing a closure plan involving asset disposal and is exploring alternate funding options for future business plans.
Filing details
Financial results
Quarterly · Unaudited · Standalone · 30 September 2026
Figures in Rupees
Reporting period
Quarter ended
- Income
- -51,441 (prior 73,760)
- Profit after tax
- -1,317,266 (prior -1,474,757)
- EPS
- -0.06 (prior -0.06)
- The management is in the process of implementing the closure plan approved by the BOD and Shareholders, which includes asset disposal and a future business plan.
Dividend and entitlement
- Type
- None
- Notes
- Transmission of Quarterly Financial Statements for the Period Ended 2026-09-30 with no mention of dividends, bonus, or rights entitlement.
- #crescent jute
- #financial results
- #q1 2027
- #loss
- #closure plan
Please cross-check with the official PSX filing before making an investment decision.