ADMM · Artistic Denim Mills Limited
Transmission of Annual Report for the year ended June 30, 2026
- Filed
- 7 October 2026 at 10:20 am
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Artistic Denim Mills Limited reported its annual financial results for the year ended June 30, 2026, recording a net loss after tax of PKR 435.787 million compared to a net loss of PKR 451.099 million in the previous year. Net sales declined to PKR 13.895 billion from PKR 18.350 billion due to subdued economic conditions and export pricing pressures, though gross profit improved to PKR 1.125 billion. The Board of Directors determined not to declare a dividend for the year.
Key takeaways
- Net sales for the year ended June 30, 2026, decreased by 24.28% to PKR 13,895.202 million compared to PKR 18,350.135 million in the preceding year.
- Gross profit improved to PKR 1,125.234 million from PKR 1,061.698 million, reflecting better gross margins despite lower sales volumes.
- The company reported a net loss after tax of PKR 435.787 million, slightly lower than the net loss of PKR 451.099 million reported in FY2025.
- Loss per share stood at PKR 5.19 for FY2026 compared to PKR 5.37 in the previous year.
- The Board of Directors has determined not to declare a dividend for the financial year ended June 30, 2026.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000
Reporting period
Year
- Income
- 13,895,202 (prior 18,350,135)
- Profit after tax
- -435,787 (prior -451,099)
- EPS
- -5.19 (prior -5.37)
- Board determined not to declare a dividend for the financial year ended June 30, 2026.
- Board proposed the re-appointment of M/s Reanda Haroon Zakaria Aamir Salman Rizwan & Company as Statutory Auditors for the financial year ending June 30, 2027.
- Board fixed the number of directors to be elected at 7 for the upcoming term.
Dividend and entitlement
- Type
- None
- Notes
- The document is only transmitting the annual financial statements and does not declare any dividend, bonus, or rights entitlement.
- #financial-results
- #annual-report
- #loss
- #textile
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.