KARACHI: Al-Abbas Sugar Mills Limited has announced its unaudited financial results for the nine months ended June 30, 2026, reporting a profit after tax of Rs552.68 million, while its Board of Directors decided not to recommend any cash dividend, bonus shares, or right shares for shareholders.
According to the financial statement approved by the company’s Board of Directors in its meeting held on July 29, 2026, the company earned earnings per share (EPS) of Rs31.83, reflecting a profitable performance despite a challenging operating environment.
The company’s operating profit stood at Rs706.76 million during the nine-month period. After accounting for finance costs, other income, levy, and taxation, Al-Abbas Sugar Mills posted a net profit of Rs552.68 million. The company also reported total comprehensive income of Rs548.86 million for the period.
On a quarterly basis, the company recorded a profit after tax of Rs181.18 million for the quarter ended June 30, 2026, translating into a quarterly EPS of Rs10.44.
The Board announced that it would not distribute any cash dividend, nor issue bonus shares or right shares, opting instead to retain earnings.
As of June 30, 2026, the company reported total assets of Rs13.91 billion, while shareholders’ equity increased to approximately Rs8.59 billion, supported by accumulated reserves of more than Rs8.41 billion.
The financial statements also show that Al-Abbas Sugar Mills ended the period with cash and cash equivalents of Rs169.8 million. Meanwhile, the company generated Rs5.26 billion in net cash from investing activities, although operating activities recorded a net cash outflow during the period.
The company stated that its detailed quarterly report for the period ended June 30, 2026, will be transmitted separately through the Pakistan Unified Corporate Actions Reporting System (PUCARS).
