Sindh Abadgar’s Sugar Mills Limited (SASM) has announced its unaudited financial results for the half-year and quarter ended March 31, 2026, following the approval of its Board of Directors at a meeting held on May 23, 2026.<\/p>\n
The company reported a net profit after taxation of Rs. 824,177<\/strong> for the six-month period ended March 31, 2026, compared to Rs. 82.16 million<\/strong> during the corresponding period last year. Earnings per share (EPS) stood at Rs. 0.08<\/strong>, reflecting a challenging operating environment for the sugar sector.<\/p>\n During the first half of FY2026, SASM generated net sales revenue of Rs. 1.289 billion<\/strong>, compared with Rs. 1.799 billion<\/strong> in the same period of the previous year. Gross profit was recorded at Rs. 133.61 million<\/strong>, down from Rs. 286.59 million<\/strong> last year, primarily due to lower sales volumes and market pressures.<\/p>\n Despite the decline in revenue, the company benefited from higher other income, which reached Rs. 139.17 million<\/strong>, helping support overall profitability. Finance costs also decreased to Rs. 99.77 million<\/strong>, compared with Rs. 121.45 million<\/strong> in the corresponding period of FY2025.<\/p>\n For the quarter ended March 31, 2026, SASM posted a profit after taxation of Rs. 46.29 million<\/strong>, highlighting improved quarterly performance despite industry headwinds.<\/p>\n On the balance sheet side, total assets increased significantly to Rs. 10.95 billion<\/strong> as of March 31, 2026, compared with Rs. 6.66 billion<\/strong> at the end of September 2025. The increase was largely driven by higher inventory levels, which rose to Rs. 5.67 billion<\/strong>.<\/p>\n The Board of Directors did not recommend any cash dividend, bonus shares, right shares, or other corporate actions for the period under review.<\/p>\n Management stated that the company remains focused on operational efficiency, prudent financial management, and creating long-term value for shareholders while navigating the evolving dynamics of Pakistan’s sugar industry.<\/p>\n The detailed quarterly report and financial statements will be submitted through the Pakistan Unified Corporate Reporting System (PUCARS) within the prescribed timeframe.<\/p>\n","protected":false},"excerpt":{"rendered":" Sindh Abadgar’s Sugar Mills Limited (SASM) has announced its unaudited financial results for the half-year and quarter ended March 31, 2026, following the approval of its Board of Directors at a meeting held on May 23, 2026. The company reported a net profit after taxation of Rs. 824,177 for the six-month period ended March 31, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[90],"tags":[55],"class_list":["post-173","post","type-post","status-publish","format-standard","hentry","category-sindh-abadgars-sugar-mills-limited-sasml-psx","tag-financial-results","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=173"}],"version-history":[{"count":1,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/173\/revisions"}],"predecessor-version":[{"id":174,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/173\/revisions\/174"}],"wp:attachment":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}