CRTM · The Crescent Textile Mills Limited
Transmission of Annual Report for the Year Ended 2026-06-30
- Filed
- 6 October 2026 at 1:23 pm
- Category
- Financials
- Sentiment
- Good
- Impact
- High
AI executive summary
The Crescent Textile Mills Limited (CRTM) reported its annual financial results for the year ended June 30, 2026, showing a return to profitability with a profit after tax of PKR 52.7 million compared to a loss of PKR 287.4 million last year. Revenue saw a marginal increase of 0.6% to PKR 19,111.7 million, while gross profit improved by 16% due to better sales margins. The Board decided not to recommend any dividend for the year to preserve liquidity and support growth opportunities.
Key takeaways
- Revenue for the year ended June 30, 2026, increased slightly by 0.6% to PKR 19,111.7 million compared to PKR 19,003.7 million in the previous year.
- Gross profit improved by 16% to PKR 1,984.1 million due to enhanced sales margins.
- The company returned to net profitability, reporting a profit after tax of PKR 52.7 million (EPS of PKR 0.53) compared to a loss of PKR 287.4 million (LPS of PKR 2.87) last year.
- Operating profit from operations increased by 31.3% to PKR 1,085.8 million, aided by higher other income and reduced finance costs.
- The Board decided not to recommend a dividend for the year ended June 30, 2026, to preserve cash and strengthen the balance sheet.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000'
Reporting period
Year
- Income
- 19,111,706 (prior 19,003,675)
- Profit after tax
- 52,703 (prior -287,431)
- EPS
- 0.53 (prior -2.87)
- Decided not to recommend a dividend for the year ended June 30, 2026, in order to avail growth opportunities and strengthen the balance sheet.
Dividend and entitlement
- Type
- None
- Notes
- The document is only for the transmission of Annual Financial Statements and does not declare any dividend, bonus, or rights entitlement.
- #crtm
- #annual results
- #textile
- #earnings
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.