Karachi, September 10, 2026: Pioneer Pakistan Limited has reported a stronger financial performance for the year ended June 30, 2026, with annual profit rising significantly compared with the previous year.
According to the company’s financial results, profit for the year increased to Rs1.087 billion, compared with Rs867.65 million in 2025. This represents an increase of around 25.2% year-on-year. Earnings per share also improved substantially, rising to Rs57.58 from Rs45.97 a year earlier.
The company’s net turnover reached Rs15.064 billion, up from Rs12.734 billion in the preceding year. Gross profit also improved to Rs2.816 billion, compared with Rs2.252 billion in 2025. Operating profit increased to approximately Rs1.986 billion from Rs1.591 billion, reflecting stronger operating performance during the year.
Final dividend announced
Alongside the financial results, the company’s Board of Directors recommended a final cash dividend of Rs9.25 per share, equivalent to 185% of the company’s Rs5 face value share. This comes in addition to the Rs6.25 per share interim dividend already paid during the year.
The combined dividend for the financial year therefore amounts to Rs15.50 per share, highlighting the company’s continued shareholder distribution.
No bonus shares, right shares, or other corporate actions were recommended by the board.
AGM and dividend eligibility
The company said its Annual General Meeting will be held on October 22, 2026, at 12:30pm at the Auditorium of the Institute of Chartered Accountants of Pakistan, Chartered Accountants Avenue, Clifton, Karachi.
Shareholders whose names appear in the company’s Register of Members on October 14, 2026 will be eligible to receive the final dividend. The share transfer books will remain closed from October 15 to October 22, 2026, inclusive.
Assets expand while cash position declines
The balance sheet shows that the company’s total assets increased to Rs8.836 billion at June 30, 2026, from Rs6.315 billion a year earlier. Equity and reserves also increased, reaching Rs5.659 billion, compared with Rs4.878 billion in 2025.
However, the cash flow statement indicates pressure on liquidity during the year. Net cash used in operating activities stood at approximately Rs1.406 billion, compared with cash generated of Rs1.241 billion in the previous year. After investing and financing activities, cash and cash equivalents at year-end stood at approximately Rs712 million, down from Rs1.291 billion a year earlier.
Overall, the results point to a year of higher revenue, improved profitability and stronger earnings per share, accompanied by a sizeable cash dividend for shareholders. The increase in earnings and the proposed final payout are likely to remain key highlights for investors assessing the company’s full-year performance.
