Ghani ChemWorld Posts Rs67.39 Million Profit for FY2026

Ghani ChemWorld Limited has reported a profit after tax of Rs67.39 million for the financial year ended June 30, 2026, according to its financial results submitted to the Pakistan Stock Exchange. The company’s profit remained relatively close to the Rs72.74 million reported for the previous year.

The company’s financial statements show that Ghani ChemWorld generated revenue of Rs312.36 million from contracts with customers during FY2026. However, the cost of sales stood at Rs451.29 million, resulting in a gross loss of Rs138.92 million. After administrative, selling and other operating expenses, the loss from operations reached Rs164.59 million.

A significant contribution to the company’s bottom-line performance came from its share of profit from an associated company. This amounted to Rs352.04 million in FY2026, compared with Rs85.65 million in FY2025. After finance costs of Rs120.05 million, the company recorded profit before levy and taxation of Rs67.39 million.

Assets Increase Substantially

Ghani ChemWorld’s total assets increased to Rs7.20 billion as of June 30, 2026, compared with Rs4.63 billion a year earlier. Property, plant and equipment rose to approximately Rs4.12 billion, from Rs2.75 billion in the previous year.

Current assets also expanded considerably to Rs1.66 billion, compared with Rs805.46 million in 2025. The balance sheet recorded stock-in-trade of Rs714.37 million, loan and advances of Rs430.75 million, trade debts of Rs134.32 million and cash and bank balances of Rs129.74 million.

The company also reported an investment in an associate classified as held for sale amounting to Rs1.43 billion, contributing to the overall asset position.

Stronger Cash Generation

Cash flow figures showed a substantial improvement in operating cash generation. Ghani ChemWorld generated Rs704.14 million in cash from operating activities during FY2026, compared with Rs497.08 million in the previous year.

The company invested heavily during the year, with Rs1.41 billion spent on fixed capital expenditure. Financing activities generated a net Rs884.07 million, including proceeds from secured short-term borrowings and a Rs400 million loan from sponsors.

As a result, cash and cash equivalents increased from Rs685,694 at the beginning of the year to Rs179.09 million at year-end, reflecting a net increase of approximately Rs178.41 million during FY2026.

No Dividend Declared

Despite reporting a profit for the year, the company’s board recommended no cash dividend, bonus shares or right shares for FY2026. The financial results also state that no other entitlement or corporate action was recommended.

The company’s earnings per share stood at Rs0.27 for FY2026, compared with Rs1.40 in FY2025.

Annual General Meeting Set for October 27

Ghani ChemWorld has scheduled its Annual General Meeting for October 27, 2026, at 9:30 a.m. at the company’s registered office in Lahore. The share transfer books will remain closed from October 21 to October 27, 2026, inclusive.

Overall, the FY2026 financial statements show a year marked by continued profitability, a significant expansion in the asset base, higher operating cash generation and substantial capital expenditure. The company’s results also highlight the important contribution of its associated company to its reported profitability.