DWAE · Dewan Automotive Engineering Limited
Financial Results for the Year Ended June 30,2026
- Filed
- 29 September 2026 at 8:44 am
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Dewan Automotive Engineering Limited reported its financial results for the year ended June 30, 2026, posting a net loss after tax of PKR 50.622 million compared to a net loss of PKR 51.943 million in the previous year. The company recorded zero net sales and an operating loss of PKR 16.687 million, while the auditors expressed an adverse opinion on the going concern assumption.
Key takeaways
- Dewan Automotive Engineering Limited reported a net loss after tax of PKR 50.622 million for the year ended June 30, 2026, slightly lower than the net loss of PKR 51.943 million in FY2025.
- Loss before taxation was recorded at PKR 52.010 million for FY2026 compared to PKR 53.451 million in the prior year.
- Basic and diluted loss per share stood at PKR 2.37 for FY2026 compared to PKR 2.43 for FY2025.
- The company recorded zero net sales with a gross loss of PKR 11.583 million for FY2026.
- The Board of Directors did not recommend any cash dividend, bonus shares, or right shares for the year ended June 30, 2026.
- The auditors expressed an adverse opinion on the going concern assumption used in the preparation of financial statements and the non-revaluation of property, plant, and equipment with sufficient regularity.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees in '000
Reporting period
Year
- Income
- 0 (prior 0)
- Profit after tax
- -50,622 (prior -51,943)
- EPS
- -2.37 (prior -2.43)
- Annual General Meeting of the Company scheduled for Monday, October 26, 2026.
- Share Transfer Books of the Company to be closed from October 19, 2026 to October 26, 2026.
Dividend and entitlement
- Type
- None
- Entitlement date
- 18 October 2026
- Book closure
- 19 October 2026 – 26 October 2026
- Notes
- Nil cash dividend, bonus shares, and right shares declared. Register of members entitlement date and book closure dates are provided.
- #financial-results
- #annual-results
- #loss
- #going-concern
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.