Haleon Pakistan Limited has reported a profit after tax of Rs4.73 billion for the nine months ended September 30, 2026, compared with Rs4.59 billion in the corresponding period last year, reflecting an improvement in its financial performance.
According to the company’s financial results submitted to the Pakistan Stock Exchange (PSX), profit after tax increased by approximately 3.1% during the nine-month period, while earnings per share (EPS) rose to Rs40.40 from Rs39.18 recorded in the same period of 2025.
The company’s revenue from contracts with customers declined to Rs29.66 billion during the nine months, compared with Rs32.19 billion in the corresponding period last year. This represents a decrease of approximately 7.9%.
Despite lower revenue, Haleon Pakistan maintained its gross profit at Rs12.40 billion, slightly higher than Rs12.36 billion reported in the same period last year. The improvement was supported by a reduction in the cost of sales, which declined to Rs17.26 billion from Rs19.83 billion.
Operating profit stood at Rs7.58 billion, compared with Rs7.62 billion in the corresponding period of 2025. Meanwhile, profit before income tax and levies amounted to Rs7.53 billion, slightly below the Rs7.60 billion recorded last year.
The company’s financial results also showed a reduction in financial performance costs, with financial charges increasing to Rs52.67 million from Rs19.58 million. Taxation stood at Rs2.79 billion during the nine-month period, compared with Rs2.98 billion in the same period last year.
Third-quarter performance
For the quarter ended September 30, 2026, Haleon Pakistan recorded revenue of Rs9.99 billion against Rs10.56 billion in the same quarter last year.
Gross profit declined to Rs3.64 billion from Rs4.26 billion, while operating profit decreased to Rs2.48 billion compared with Rs2.66 billion in the corresponding quarter.
Profit after tax for the third quarter stood at Rs1.53 billion, compared with Rs1.62 billion in the same period last year. Quarterly earnings per share came in at Rs13.05 against Rs13.80 previously.
Financial position and dividend announcement
The company’s total assets increased to Rs30.82 billion as of September 30, 2026, compared with Rs27.16 billion at the end of December 2025. Total equity also improved to Rs16.60 billion from Rs14.80 billion.
However, cash and bank balances declined to Rs2.65 billion from Rs4.31 billion at the end of 2025, according to the interim financial statements.
The Board of Directors, in its meeting held on October 29, 2026, did not announce any cash dividend, bonus shares, or right shares for the period under review.
Overall, Haleon Pakistan’s nine-month results reflect a modest increase in profitability despite lower revenue. The company’s ability to maintain gross profit and improve its bottom-line earnings highlights the importance of cost management amid changing business conditions.
