MERIT · Merit Packaging Limited
TRANSMISSION OF ANNUAL REPORT FOR THE YEAR ENDED JUNE 30, 2026
- Filed
- 7 October 2026 at 2:10 pm
- Category
- Financials
- Sentiment
- Good
- Impact
- High
AI executive summary
Merit Packaging Limited reported its annual results for the year ended June 30, 2026, posting a profit after tax of PKR 123.64 million compared to a loss of PKR 599.67 million in the previous year, primarily driven by a one-time accounting gain from the disposal of its Gravure division. No dividend was declared due to accumulated losses.
Key takeaways
- Net revenue for FY2026 declined 34.12% YoY to PKR 3,426.87 million, down from PKR 5,280.93 million, largely due to the disposal of the Gravure division.
- Gross profit recovered to PKR 59.58 million compared to a gross loss of PKR 28.73 million in FY2025.
- Profit after tax stood at PKR 123.64 million, reversing the net loss of PKR 599.67 million reported in the prior year, supported by a PKR 505.66 million pre-tax gain on the disposal of the Gravure division.
- Basic earnings per share (EPS) improved to Re. 0.62 for FY2026 compared to a loss per share of Re. 3.00 in FY2025.
- No dividend was declared for the year ended June 30, 2026, in view of the company's accumulated losses.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR
Reporting period
Year
- Income
- 3,426,871,319 (prior 5,280,932,621)
- Profit after tax
- 123,635,644 (prior -599,667,526)
- EPS
- 0.62 (prior -3)
- Disposed of the Gravure division to M/s Kompass Pakistan (Private) Limited for PKR 1 billion, generating a gain of PKR 505.66 million.
- Convened the 46th Annual General Meeting (AGM) for October 28, 2026, seeking shareholder ratification of related-party transactions and general authority for the CEO for FY2027.
- Constituted a Sustainability Committee chaired by Mr. Farrukh Shauket Ansari to oversee ESG strategy ahead of mandatory IFRS S1 and S2 reporting.
Dividend and entitlement
- Type
- None
- Notes
- The document is for the transmission of annual financial statements and contains no dividend or entitlement declaration.
- #financial results
- #annual report
- #gravure disposal
- #profitability
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.