SSML · Saritow Spinning Mills Limited
Financial Results for the Year Ended 30-06-2026
- Filed
- 6 October 2026 at 9:00 am
- Category
- Financials
- Sentiment
- Neutral
- Impact
- Medium
AI executive summary
Saritow Spinning Mills Limited reported its financial results for the year ended June 30, 2026, posting a net loss after tax of PKR 69.33 million compared to a net loss of PKR 598.20 million in the previous year. The Board of Directors has recommended no dividend, bonus shares, or right shares for the year.
Key takeaways
- Rental income for the year ended June 30, 2026 was recorded at PKR 26.47 million, with no comparative rental income reported for the previous year.
- Loss after income taxes narrowed significantly to PKR 69.33 million (EPS: PKR -2.32) for FY2026 compared to a loss of PKR 598.20 million (EPS: PKR -20.05) in FY2025.
- Loss after income taxes from continuing operations stood at PKR 4.33 million for FY2026 compared to PKR 24.90 million in FY2025.
- Loss after income taxes from discontinued operations stood at PKR 65.00 million for FY2026 compared to PKR 573.30 million in FY2025.
- The Board of Directors recommended no cash dividend, bonus shares, or right shares for the financial year ended June 30, 2026.
- The Annual General Meeting (AGM) of the company is scheduled to be held on Wednesday, October 28, 2026.
Filing details
Financial results
Annual · Unaudited · Standalone · 30 June 2026
Figures in Rupees
Reporting period
Year
- Income
- 26,470,594 (prior 332,278)
- Profit after tax
- -69,326,506 (prior -598,204,936)
- Recommended no cash dividend for the year ended June 30, 2026.
- Recommended no bonus shares for the year ended June 30, 2026.
- Recommended no right shares for the year ended June 30, 2026.
- Convened the Annual General Meeting (AGM) for October 28, 2026.
Dividend and entitlement
- Type
- None
- Entitlement date
- 21 October 2026
- Book closure
- 22 October 2026 – 28 October 2026
- Notes
- The filing explicitly states NIL for cash dividend, bonus shares, and right shares.
- #financial-results
- #annual-results
- #loss
- #ssml
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.