Abdullah Shah Ghazi Sugar Mills Limited has released its unaudited financial results for the six-month period and quarter ended March 31, 2026. The company submitted the results following a Board of Directors meeting held on May 25, 2026, at its Lahore office.
According to the financial statement, the company reported a net sales figure of approximately Rs. 120 million during the comparative period, while the current reporting period reflected challenging market conditions. Higher production costs and financing expenses continued to impact profitability, resulting in a loss after tax of approximately Rs. 149.9 million for the six-month period ended March 31, 2026.
The company’s operating performance was affected by increased administrative expenses and substantial finance costs. Despite recording other income during the period, the overall financial outcome remained under pressure due to industry-wide challenges and cost-related factors.
For the quarter ended March 31, 2026, Abdullah Shah Ghazi Sugar Mills reported a loss after tax of approximately Rs. 77 million, compared with a loss of Rs. 69.5 million recorded during the corresponding period of the previous year. Earnings per share (EPS) for the six-month period stood at a loss of Rs. 1.89 per share.
The Board of Directors did not recommend any cash dividend, bonus shares, right shares, or other corporate actions for the period under review.
The company stated that the financial statements, including the Statement of Financial Position, Statement of Changes in Equity, and Statement of Cash Flows, have been uploaded through the relevant regulatory channels and made available for shareholders and stakeholders.
Management remains focused on improving operational efficiency, managing costs, and navigating the challenges facing Pakistan’s sugar industry while pursuing long-term value creation for shareholders.
