CJPL · Crescent Jute Products Limited
Transmission of Annual Report for the Year Ended June 30, 2026
- Filed
- 5 October 2026 at 2:29 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Crescent Jute Products Limited transmitted its annual report for the year ended June 30, 2026, reporting an after-tax loss of PKR 6.95 million (loss per share of PKR 0.29) compared to a loss of PKR 7.41 million (loss per share of PKR 0.31) in the prior year. The company's operations have remained suspended since May 2011, and the financial statements are prepared on a non-going concern basis with negative equity of PKR 210.33 million.
Key takeaways
- Loss after tax for the year ended June 30, 2026, was PKR 6.95 million compared to a loss of PKR 7.41 million in 2025.
- Loss per share stood at PKR 0.29 for FY2026 compared to PKR 0.31 in the previous year.
- Total equity as of June 30, 2026, stood at a negative balance of PKR 210.33 million.
- No dividend has been declared due to the continued discontinuation of operations and accumulated losses.
- The statutory auditors have issued a qualified opinion regarding non-accrual of markup on certain borrowings and going concern assumptions.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees
Reporting period
Year
- Income
- 111,901 (prior 1,140,702)
- Profit after tax
- -6,945,791 (prior -7,410,229)
- EPS
- -0.29 (prior -0.31)
- Continued implementation of the closure plan approved by the board and shareholders, involving disposal of assets and exploring alternative funding options.
Dividend and entitlement
- Type
- None
- Notes
- The document is for the transmission of Annual Financial Statements and does not declare any cash dividend, bonus, or right shares.
- #annual report
- #financial results
- #loss
- #non-going concern
- #cjpl
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.