DWAE · Dewan Automotive Engineering Limited
Transmission of Annual Report for the Year Ended June 30,2026
- Filed
- 2 October 2026 at 12:23 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Dewan Automotive Engineering Limited reported its annual financial results for the year ended June 30, 2026, posting a net loss after tax of PKR 50.62 million compared to a net loss of PKR 51.94 million in the previous year. The company continues to face severe operational suspensions and working capital constraints, resulting in an adverse audit opinion and going concern uncertainty.
Key takeaways
- Net loss after tax for the year ended June 30, 2026, was PKR 50.62 million (loss per share of PKR 2.30), compared to a net loss of PKR 51.94 million (loss per share of PKR 2.43) in FY2025.
- Loss before taxation for the year stood at PKR 52.01 million versus PKR 53.45 million previously.
- Gross loss for the year was recorded at PKR 11.58 million against a gross loss of PKR 13.25 million in FY2025, with zero net sales reported due to suspended operations.
- Operating loss was reduced to PKR 16.69 million from PKR 21.05 million in the prior year.
- No dividend has been recommended by the Board due to the ongoing losses and accumulated losses.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000
Reporting period
Year
- Income
- 0 (prior 0)
- Profit after tax
- -50,622 (prior -51,943)
- EPS
- -2.3 (prior -2.43)
- The Board of Directors recommended no dividend for the year ended June 30, 2026, due to accumulated losses and net loss incurred.
Dividend and entitlement
- Type
- None
- Notes
- The document is only for the transmission of annual financial statements and does not declare any dividend, bonus, or rights entitlement.
- #financial-results
- #annual-results
- #loss
- #dwae
- #psx
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.