JDMT · Janana De Malucho Textile Mills Limited
Transmission of Annual Report for the Year Ended June 30 2026
- Filed
- 2 October 2026 at 3:53 pm
- Category
- Financials
- Sentiment
- Neutral
- Impact
- High
AI executive summary
Janana De Malucho Textile Mills Limited reported an annual net loss of PKR 344.26 million for the year ended June 30, 2026, marking an improvement from the loss of PKR 754.80 million in the previous year, driven by the resumption of production operations in February 2026 and lower finance costs. Net turnover declined by 58% to PKR 645.40 million due to a temporary suspension of manufacturing operations that lasted until January 2026. The board recommended no dividend for the year to preserve financial resources.
Key takeaways
- Net turnover for the year ended June 30, 2026, declined 58% YoY to PKR 645.40 million from PKR 1,523.66 million.
- Loss after tax narrowed by 54% YoY to PKR 344.26 million (loss per share of PKR 49.78) compared to a loss of PKR 754.80 million in FY2025.
- Loss before tax improved by 64% to PKR 274.20 million, supported by reduced finance costs of PKR 136.00 million.
- The Board of Directors recommended that no dividend be declared for the year ended June 30, 2026, to preserve liquidity for operations.
- The Board recommended the appointment of M/s Rafaqat Babar & Co. as statutory auditors for the year ending June 30, 2027, replacing retiring auditors M/s Shinewing Hameed Chaudhri & Co.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000
Reporting period
Year
- Income
- 645,397 (prior 1,523,661)
- Profit after tax
- -344,264 (prior -754,804)
- EPS
- -49.78 (prior -109.14)
- Recommended appointment of M/s Rafaqat Babar & Co., Chartered Accountants, as statutory auditors for the financial year 2026-27.
- Recommended no dividend for the year ended June 30, 2026.
- Proposed special resolutions for the ratification of past related party transactions and authorization for future related party transactions for FY2027.
Dividend and entitlement
- Type
- None
- Notes
- The document is only transmitting the annual financial statements for the year ended June 30, 2026, and does not mention any cash dividend, bonus, or rights 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.