JUBS · Jubilee Spinning & Weaving Mills Ltd.
Transmission of Annual Report for the Year Ended June 30, 2026
- Filed
- 1 October 2026 at 1:02 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Jubilee Spinning & Weaving Mills Limited reported its annual results for the year ended June 30, 2026, posting a net profit after tax of PKR 43.34 million (EPS: PKR 1.33) compared to PKR 137.62 million (EPS: PKR 4.24) in the previous year. The auditors issued an adverse opinion highlighting multiple material uncertainties regarding the company's going concern status, unconfirmed long-outstanding balances, and pending litigations.
Key takeaways
- Revenue from contracts with customers for the year ended June 30, 2026, stood at PKR 11.63 million compared to PKR 12.75 million in the prior year.
- Profit before taxation for the year ended June 30, 2026, was PKR 58.62 million compared to PKR 139.99 million in FY2025.
- Profit after taxation for the year ended June 30, 2026, decreased to PKR 43.34 million from PKR 137.62 million in the previous year.
- Basic and diluted earnings per share (EPS) declined to PKR 1.33 for FY2026 from PKR 4.24 in FY2025.
- No dividend has been declared for the year as the profit reflected is primarily driven by unrealized revaluation gains on investment properties.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees
Reporting period
Year
- Income
- 11,625,347 (prior 12,750,792)
- Profit after tax
- 43,336,786 (prior 137,622,758)
- EPS
- 1.33 (prior 4.24)
- The Board of Directors has recommended the appointment of M/s Junaidy Shoaib Asad, Chartered Accountants, as statutory auditors for the ensuing year.
- The 53rd Annual General Meeting of the company is scheduled to be held on October 22, 2026.
Dividend and entitlement
- Type
- None
- Notes
- Transmission of Annual Financial Statements with no dividend or entitlement declared.
- #financial-results
- #annual-report
- #adverse-opinion
- #jubs
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.