PECO · Pakistan Engineering Company Limited
Transmission of Annual Report for the Year Ended June 30, 2026
- Filed
- 6 October 2026 at 2:21 pm
- Category
- Financials
- Sentiment
- Neutral
- Impact
- High
AI executive summary
Pakistan Engineering Company Limited (PECO) transmitted its Annual Report for the year ended June 30, 2026, reporting a reduced net loss after taxation of Rs. 32.13 million compared to a loss of Rs. 63.81 million in the previous year. Commercial operations remained suspended due to working capital constraints, outdated infrastructure, and legacy disputes, while the company achieved a milestone by finalizing pending accounts to restore regulatory compliance after eight years.
Key takeaways
- Loss after tax decreased to PKR 32.13 million for the year ended June 30, 2026, compared to a loss of PKR 63.81 million in the prior year.
- Loss per share stood at PKR 5.65 for FY2026 compared to a loss of PKR 11.21 per share in FY2025.
- No revenue from core commercial operations was recorded during the year as operations remained suspended, with revenue primarily comprising scrap and vehicle disposal proceeds of PKR 13.60 million.
- The company finalized all pending quarterly financial statements in August 2026, restoring regulatory compliance after eight years of non-compliance.
- The board and management are actively pursuing business revival plans, asset optimization, and debt/loan reconciliations with GoP and Privatization Commission to achieve long-term sustainability.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000
Reporting period
Year
- Income
- 0 (prior 26,695)
- Profit after tax
- -32,134 (prior -63,807)
- EPS
- -5.65 (prior -11.21)
- Finalized all pending financial statements from FY2019 to March 31, 2026 to restore statutory and regulatory compliance.
- Pursuing business revival plans, rehabilitation of plant and machinery, and structured restructuring initiatives to resume commercial operations.
- Engaging with the Ministry of Finance and Privatization Commission to reconcile long-standing GoP loan balances and disputed mark-up claims.
- Engaged an independent professional valuer to carry out a fresh valuation of investment property by October 2026.
Dividend and entitlement
- Type
- None
- Notes
- Transmission of annual financial statements with no declared cash dividend, bonus, or rights entitlement.
- #annual results
- #financial statements
- #peco
- #loss
- #revival plan
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.