SPAC1 · LSE SPAC-I Limited
Transmission of Annual Report for the Year Ended June 30, 2026
- Filed
- 8 October 2026 at 12:24 pm
- Category
- Financials
- Sentiment
- Neutral
- Impact
- High
AI executive summary
LSE SPAC-I Limited has released its annual report for the year ended June 30, 2026, reporting a net loss after tax of PKR 29.61 million and an EPS of PKR (6.04). During the year, the company completed its initial public offering, successfully listed on the Pakistan Stock Exchange, and invested PKR 230 million to acquire a 19.04% stake in Ningbo Green Light Energy Limited (NGLE) as its proposed qualifying business combination target.
Key takeaways
- Revenue for the year ended June 30, 2026 was nil as the company is a Special Purpose Acquisition Company.
- Net loss after tax widened to PKR 29,608,092 (EPS: PKR (6.04)) for FY2026 compared to a net loss of PKR 445,749 (EPS: PKR (1.43)) in FY2025.
- Loss before taxation stood at PKR 29,601,092 for FY2026 compared to PKR 443,806 in the comparative period.
- The Board of Directors did not recommend any dividend for the year ended June 30, 2026.
- The company invested PKR 230 million in Ningbo Green Light Energy Limited (NGLE), acquiring a 19.04% equity stake, and initiated the process for its qualifying business combination via an amalgamation scheme.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees
Reporting period
Year
- Income
- 0 (prior 0)
- Profit after tax
- -29,608,092 (prior -445,749)
- EPS
- -6.04 (prior -1.43)
- No dividend recommended for the year ended June 30, 2026.
- Invested PKR 230 million in Ningbo Green Light Energy Limited (NGLE) for 3,530,000 shares representing 19.04% equity.
- Initiated process for the proposed amalgamation of LSE SPAC-I Limited with NGLE under Sections 279 to 282 of the Companies Act, 2017.
Dividend and entitlement
- Type
- None
- Notes
- The document is solely for the transmission of Annual Financial Statements and contains no declaration of cash dividend, bonus shares, or rights.
- #annual report
- #financial results
- #spac
- #ipo
- #ngle
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.