KARACHI: Shezan International Limited (PSX: SHEZ) delivered a remarkable improvement in its financial performance for the nine-month period ended March 31, 2026, reporting a sharp increase in profitability driven by higher sales and stronger operating margins. The company’s latest unaudited financial results were approved by its Board of Directors on April 28, 2026.
The food and beverage manufacturer posted a net profit of Rs138.14 million during the nine months, compared with Rs2.90 million in the corresponding period last year, representing an increase of more than 4,660%. Earnings per share (EPS) also improved significantly to Rs14.30, up from Rs0.30 a year earlier.
Shezan’s net revenue rose to Rs6.51 billion, compared with Rs6.13 billion in the same period of the previous year. Improved sales performance, coupled with better cost management, helped lift gross profit to Rs1.74 billion, up from Rs1.42 billion.
The company also recorded a notable improvement in operating profit, which increased to Rs311.13 million from Rs180.22 million a year earlier. Meanwhile, other income climbed to Rs79.88 million, while finance costs declined to Rs136.34 million, further strengthening profitability.
For the quarter ended March 31, 2026, Shezan earned a net profit of Rs110.72 million, more than doubling from Rs47.79 million recorded in the same quarter last year. Quarterly EPS improved to Rs11.46, compared with Rs4.95 in the corresponding period of 2025.
On the balance sheet, total assets increased to Rs4.85 billion as of March 31, 2026, from Rs4.20 billion at the end of June 2025. Shareholders’ equity also strengthened to Rs1.65 billion, reflecting the company’s improved earnings performance during the period.
The Board did not announce any cash dividend, bonus shares, right issue, or other corporate action along with the financial results.
The latest results underscore Shezan International’s strong recovery, supported by higher revenues, expanding gross margins, and improved operational efficiency, positioning the company for continued financial momentum in the remainder of the fiscal year.