HATM · Hamid Textile Mills Limited
Transmission of Annual Report for the Year Ended June 30, 2026
- Filed
- 25 September 2026 at 3:59 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Hamid Textile Mills Limited reported its annual financial results for the year ended June 30, 2026, showing a net loss after tax of PKR 26.39 million compared to a loss of PKR 40.22 million in the previous year. The auditors have expressed an adverse opinion on the financial statements regarding the going concern assumption, citing expired banking facilities and net capital deficiency.
Key takeaways
- Net revenue for FY 2026 decreased by 5.27% to PKR 910.09 million compared to PKR 960.75 million in FY 2025.
- Gross profit declined by 20.42% to PKR 26.39 million from PKR 33.16 million, with gross margin narrowing to 2.90%.
- Operating loss widened to PKR 21.76 million for the year compared to an operating loss of PKR 11.77 million previously.
- Loss before taxation stood at PKR 38.05 million compared to a loss before taxation of PKR 30.03 million in FY 2025.
- Loss after taxation narrowed to PKR 26.39 million (Loss per share of PKR 1.99) compared to a loss after taxation of PKR 40.22 million (Loss per share of PKR 3.03) in the preceding year.
- The board has not declared any dividend or bonus for the year due to the sustained loss.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR
Reporting period
Year
- Income
- 910,090,469 (prior 960,746,184)
- Profit after tax
- -26,385,620 (prior -40,218,254)
- EPS
- -1.99 (prior -3.03)
- The board approved holding the 39th Annual General Meeting on October 16, 2026, at the registered office in Lahore.
- The board re-appointed M/S Tabussum Saleem & Co., Chartered Accountants, as statutory auditors for the year ending June 30, 2027, subject to member approval at the AGM.
Dividend and entitlement
- Type
- None
- Notes
- The document is for the transmission of Annual Financial Statements and does not declare any dividend, bonus, or rights entitlement.
- #financial-results
- #annual-report
- #textile
- #adverse-opinion
- #loss
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.