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TOWL · Towellers Limited

Transmission of Annual Report for the Year Ended June 30 2026

Filed
5 October 2026 at 12:43 pm
Category
Financials
Sentiment
Bad
Impact
High
View official PSX filingView filing image

AI executive summary

Towellers Limited reported its financial results for the year ended June 30, 2026, showing a decrease in net sales to PKR 11,135.64 million and a drop in net profit to PKR 150.88 million compared to PKR 286.71 million previously, affected by higher operating costs and provisions for super tax. Citing lower profitability and cash flow constraints from recent capital investments, the board decided not to recommend any dividend for the year.

Key takeaways

  • Net sales for the year ended June 30, 2026, declined 9.8% YoY to PKR 11,135,640 thousand from PKR 12,347,002 thousand.
  • Profit after tax for the year decreased to PKR 150,882 thousand (EPS: PKR 8.88) compared to PKR 286,709 thousand (EPS: PKR 16.87) in the preceding year.
  • Profit before taxation was PKR 332,070 thousand compared to PKR 125,880 thousand, while profit before levies and taxation stood at PKR 390,395 thousand against PKR 235,889 thousand.
  • The board of directors decided not to recommend any dividend for the year ended June 30, 2026, due to lower profitability and cash flow constraints arising from strategic investments in factory land and buildings.

Filing details

Financial results

Annual · Audited · Standalone · 30 June 2026

Figures in PKR '000

Reporting period

Year

Income
11,135,640 (prior 12,347,002)
Profit after tax
150,882 (prior 286,709)
EPS
8.88 (prior 16.87)
  • The Board of Directors decided not to recommend any dividend for the year ended June 30, 2026, due to lower profitability and cash flow constraints from recent capital expenditure on factory land and buildings.
  • The board proposed the re-appointment of M/s Mushtaq and Co. Chartered Accountants as auditors for the year ending June 30, 2027.

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 right shares.
  • #towl
  • #financial-results
  • #annual-report
  • #earnings

This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.