JKSM · J.K. Spinning Mills Limited
Transmission of Annual Report for the Year Ended
- Filed
- 16 September 2026 at 12:23 pm
- Category
- Financials
- Sentiment
- Good
- Impact
- High
AI executive summary
J.K. Spinning Mills Limited reported a significant recovery in profitability for the year ended June 30, 2026, driven by higher revenue, improved gross margins, and lower finance costs. Profit after tax surged to PKR 1,580.91 million (EPS of PKR 15.45), compared to PKR 513.86 million (EPS of PKR 5.02) last year. The Board of Directors has recommended a final cash dividend of PKR 2.00 per share (20%).
Key takeaways
- Revenue for the year ended June 30, 2026, increased to PKR 43,512.16 million from PKR 42,837.85 million in the prior year.
- Profit after taxation rose significantly to PKR 1,580.91 million compared to PKR 513.86 million in the previous year.
- Basic earnings per share (EPS) increased to PKR 15.45 from PKR 5.02 in the corresponding year.
- The Board recommended a final cash dividend of 20% (PKR 2.00 per share) for the year ended June 30, 2026.
- Planned capital expenditure of Rs. 1,789 million in the fabric processing unit for advanced machinery installation.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000
Reporting period
Year
- Income
- 43,512,157 (prior 42,837,847)
- Profit after tax
- 1,580,905 (prior 513,861)
- EPS
- 15.45 (prior 5.02)
- Recommended a final cash dividend of 20% (PKR 2.00 per share) for the year ended June 30, 2026.
- Planned to invest Rs. 1,789 million in the fabric processing unit for the installation of Goller Complexa two-stage Bleaching Range, POSLU Stenter, and a biomass-fired step-grate thermal oil heater.
- Recommended the appointment of M/s Baker Tilly Mehmood Idrees Qamar, Chartered Accountants, as external auditors for the year ending June 30, 2027.
Dividend and entitlement
- Type
- None
- Rate
- 0%
- Per share
- Rs 0
- Notes
- No dividend, bonus, or rights entitlement declared in the transmission letter of annual financial statements.
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- #annual report
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This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.