SUHJ · Suhail Jute Mills Limited
Transmission of Annual Report for the Year Ended 30.06.2026
- Filed
- 6 October 2026 at 8:17 am
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Suhail Jute Mills Limited reported its annual financial results for the year ended June 30, 2026, recording a net loss after tax of PKR 57.51 million (loss per share of PKR 13.27). The company remains in a non-operational state with no commercial production or revenue, and its financial statements have been prepared on a realizable basis rather than a going concern assumption.
Key takeaways
- The company reported zero revenue and a net loss after tax of PKR 57.51 million (loss per share of PKR 13.27) for the year ended June 30, 2026, compared to a net loss of PKR 55.13 million (loss per share of PKR 12.72) in the previous year.
- Loss before taxation stood at PKR 57.51 million for the year ended June 30, 2026, slightly higher than the PKR 55.13 million loss before taxation recorded in the prior financial year.
- Administrative expenses increased to PKR 54.88 million for the year ended June 30, 2026, up from PKR 52.50 million in the previous year.
- The company has been non-operational since 2011, and management continues to pursue a plan to dispose of identified surplus assets to pay off liabilities and recommence commercial operations.
- No dividend has been declared for the financial year ended June 30, 2026.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees
Reporting period
Year
- Income
- 0 (prior 0)
- Profit after tax
- -57,507,003 (prior -55,134,581)
- EPS
- -13.27 (prior -12.72)
- The company continues to pursue the disposal of identified surplus assets to generate funds to pay off pressing liabilities and raise working capital to restart commercial operations.
- The 45th Annual General Meeting of the company is scheduled to be held on October 28, 2026, at the registered office in Rawalpindi.
- Mr. Muhammad Shahmeer Shaikh was appointed as Chief Executive Officer and Advocate Mohammad Idris Siddique as Company Secretary following the demise of former CEO Mr. Sohail Farooq Shaikh and Company Secretary Mr. Farzand Ali Khan Bangash.
Dividend and entitlement
- Type
- None
- Notes
- The document only transmits Annual Financial Statements for the year ended 2026-06-30 with no mention of dividends, bonus, or rights entitlements.
- #annual report
- #financial results
- #non-operational
- #realizable basis
- #net loss
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.