CFL · Crescent Fibres Limited
TRANSMISSION OF ANNUAL REPORT FOR THE YEAR ENDED JUNE 30, 2026
- Filed
- 7 October 2026 at 2:22 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Crescent Fibres Limited reported its annual results for the year ended June 30, 2026, registering a net loss after tax of PKR 580.97 million compared to a loss of PKR 775.71 million in the previous year. Net sales decreased to PKR 3,841.18 million from PKR 4,330.54 million, while the board decided to forgo a cash dividend due to continuing operational losses and liquidity preservation.
Key takeaways
- Net sales for the year ended June 30, 2026, decreased by 11.3% to PKR 3,841.18 million compared to PKR 4,330.54 million in the prior year.
- Net loss after tax narrowed to PKR 580.97 million compared to a net loss of PKR 775.71 million in the previous financial year.
- Loss per share stood at PKR 46.78 for FY2026 compared to PKR 62.47 in FY2025.
- Operating loss improved to PKR 428.07 million from an operating loss of PKR 543.80 million previously.
- The Board of Directors has decided to forgo a dividend for the year to maintain a conservative financial strategy and preserve liquidity.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees
Reporting period
Year
- Income
- 3,841,176,077 (prior 4,330,539,341)
- Profit after tax
- -580,969,066 (prior -775,711,699)
- EPS
- -46.78 (prior -62.47)
- Board decided to forgo dividend payment for the year to preserve liquidity.
- Approved the sale of the plant and machinery of Spinning Unit 1 located at Nooriabad.
Dividend and entitlement
- Type
- None
- Notes
- Transmission of Annual Financial Statements with no mention of dividend or corporate entitlement.
- #financial-results
- #annual-report
- #textile
- #loss
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.