PASM · Paramount Spinning Mills Limited
Transmission of Annual Audited Accounts 30-06-2026
- Filed
- 7 October 2026 at 3:26 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Paramount Spinning Mills Limited transmitted its annual audited financial statements for the year ended June 30, 2026, reporting a net loss after tax of PKR 4.12 million compared to a profit of PKR 39.14 million in the prior year. The auditor issued a qualified opinion regarding fixed assets, bank balances, and payables, and emphasized a material uncertainty related to the company's going concern status as all manufacturing facilities have been disposed of and operations have ceased.
Key takeaways
- For the year ended June 30, 2026, the company reported a loss after tax of PKR 4,117,567 compared to a profit after tax of PKR 39,137,130 in the prior year.
- Basic and diluted earnings per share for FY2026 stood at a loss of PKR 0.24 compared to earnings of PKR 2.26 in FY2025.
- Profit before taxation for FY2026 was a loss of PKR 4,117,567 compared to a pre-tax profit of PKR 39,137,130 in FY2025.
- The company reported no active revenue or operations for the year, as all manufacturing facilities have been disposed of.
- The independent auditor issued a qualified opinion and included an emphasis of matter regarding the company's non-going concern basis of preparation.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees
Reporting period
Year
- Profit after tax
- -4,117,567 (prior 39,137,130)
- EPS
- -0.24 (prior 2.26)
Dividend and entitlement
- Type
- None
- Notes
- The document is for the transmission of annual financial statements and contains no mention of any cash dividend, bonus shares, or rights entitlement.
- #financial-results
- #annual-accounts
- #loss
- #going-concern
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.