MDTL · Media Times Limited
Transmission of Annual Financial Statements for the Year Ended 30-06-2026
- Filed
- 6 October 2026 at 12:47 pm
- Category
- Financials
- Sentiment
- Good
- Impact
- High
AI executive summary
Media Times Limited (MTL) reported a strong financial turnaround for the year ended June 30, 2026, delivering an after-tax profit of PKR 1,160.045 million compared to a loss of PKR 0.792 million in the prior year, primarily driven by a significant gain on the disposal of print and social media assets and a share of profit from its associate, Pace Barka Properties Limited. Concurrently, the Board recommended the implementation of an Employee Stock Option Scheme (ESOS) and the issuance of shares to Sisley Group Company Limited via loan conversion.
Key takeaways
- Profit after tax for FY2026 surged to PKR 1,160.045 million from a net loss of PKR 0.792 million in FY2025, resulting in an EPS of PKR 6.490 compared to a loss per share of PKR 0.004 previously.
- Revenue for the year decreased 19.9% YoY to PKR 122.518 million following the planned exit from print operations, while gross profit stood at PKR 53.530 million.
- Other income increased significantly to PKR 868.280 million, principally reflecting the gain on disposal of print media and social media assets.
- The Company recognized a share of net profit of associate amounting to PKR 482.757 million from Pace Barka Properties Limited.
- The Board approved an Employee Stock Option Scheme (ESOS) for employees up to 25% of the enhanced paid-up capital and the issuance of 91,442,852 shares to Sisley Group Company Limited via debt conversion of PKR 822.985 million.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR Rupees
Reporting period
Year
- Income
- 122,517,856 (prior 152,937,866)
- Profit after tax
- 1,160,045,385 (prior -791,977)
- EPS
- 6.49 (prior -0)
- Recommended the implementation of an Employee Stock Option Scheme (ESOS) for eligible employees and executive directors up to 25% of the enhanced paid-up capital of the Company.
- Approved the issuance of 91,442,852 ordinary shares at PKR 9.00 per share (a 10% discount) to Sisley Group Company Limited via conversion of long-term loan and accrued mark-up amounting to PKR 822,985,661.
- Approved an increase in the authorized share capital of the Company from PKR 2,100,000,000 to PKR 3,300,000,000.
Dividend and entitlement
- Type
- None
- Notes
- Transmission of annual financial statements with no dividend or entitlement declared.
- #financial-results
- #annual-report
- #profitability
- #esos
- #debt-conversion
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.