Dewan Sugar Mills Limited has announced its un-audited condensed interim financial results for the half-year ended March 31, 2026, revealing continued financial difficulties despite efforts to improve operational performance.<\/p>\n
According to the company’s filing submitted to the Pakistan Stock Exchange, Dewan Sugar Mills recorded sales of Rs. 1.119 billion during the six-month period, compared to Rs. 1.198 billion in the corresponding period last year. The company reported a gross loss of Rs. 548.9 million, reflecting ongoing challenges in maintaining profitability.<\/p>\n
The loss from operations stood at Rs. 575.7 million, while the loss before taxation reached Rs. 602.3 million. After accounting for taxation, the company posted a net loss of Rs. 570.1 million for the half-year period, compared to a loss of Rs. 591.0 million during the same period last year.<\/p>\n
Loss per share improved slightly to Rs. 6.23 compared with Rs. 6.46 recorded in the corresponding period of the previous year. While the reduction in losses indicates some improvement, the company continues to face significant financial pressures.<\/p>\n
The statement of financial position showed total assets of approximately Rs. 7.80 billion as of March 31, 2026, compared with Rs. 7.94 billion at the end of September 2025. Current liabilities increased to Rs. 7.59 billion, highlighting ongoing liquidity concerns.<\/p>\n
Cash flow from operating activities remained positive at Rs. 34 million during the period, although lower than the Rs. 75 million generated in the corresponding period last year. The company reported cash and bank balances of Rs. 15.5 million at the end of the reporting period.<\/p>\n
The Board of Directors did not recommend any cash dividend, bonus shares, right shares, or any other corporate action for shareholders. Management stated that the detailed half-year report will be transmitted separately through the relevant regulatory channels.<\/p>\n
The auditors also maintained observations regarding loans, markup provisions, and the company’s ability to continue as a going concern, underscoring the financial challenges that remain ahead for Dewan Sugar Mills.<\/p>\n
Industry observers will continue to monitor the company’s performance as it seeks to improve operational efficiency and strengthen its financial position in the coming quarters.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dewan Sugar Mills Limited has announced its un-audited condensed interim financial results for the half-year ended March 31, 2026, revealing continued financial difficulties despite efforts to improve operational performance. According to the company’s filing submitted to the Pakistan Stock Exchange, Dewan Sugar Mills recorded sales of Rs. 1.119 billion during the six-month period, compared to […]<\/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":[105],"tags":[55],"class_list":["post-205","post","type-post","status-publish","format-standard","hentry","category-dewan-sugar-mills-limited-dwsm-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\/205","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=205"}],"version-history":[{"count":1,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/205\/revisions"}],"predecessor-version":[{"id":206,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/205\/revisions\/206"}],"wp:attachment":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}