GUSM · Gulistan Spinning Mills Limited
Transmission of Annual Audited Accounts 30-06-2026
- Filed
- 7 October 2026 at 3:28 pm
- Category
- Financials
- Sentiment
- Neutral
- Impact
- High
AI executive summary
Gulistan Spinning Mills Limited reported its annual audited accounts for the year ended June 30, 2026, posting a net profit after tax of PKR 20.32 million (EPS of PKR 1.39) compared to a net loss of PKR 5.94 million in the prior year. The company continues to operate on a non-going concern basis following the disposal of all manufacturing facilities and an ongoing scheme of arrangement with secured creditors.
Key takeaways
- For the year ended June 30, 2026, profit after tax was PKR 20,320,678 compared to a loss of PKR 5,936,848 in 2025.
- Earnings per share (EPS) stood at PKR 1.39 for FY2026 compared to a loss per share of PKR (0.41) in the previous year.
- Profit before taxation for FY2026 was PKR 20,320,678 compared to a loss of PKR (5,751,910) in 2025.
- The financial statements have been prepared on a non-going concern basis as all manufacturing facilities have been disposed off and operations are halted.
- Auditors issued a qualified opinion highlighting lack of confirmations for bank borrowings, trade payables, and unclaimed dividends.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees
Reporting period
Year
- Income
- 0 (prior 0)
- Profit after tax
- 20,320,678 (prior -5,936,848)
- EPS
- 1.39 (prior -0.41)
- Financial statements prepared on a non-going concern basis due to the disposal of all manufacturing facilities and absence of operations.
Dividend and entitlement
- Type
- None
- Notes
- The document is for the transmission of Annual Financial Statements and does not declare any cash dividend, bonus, or rights entitlement.
- #gusm
- #annual results
- #financial statements
- #spinning
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.