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The company reported an unaudited loss after taxation of Rs. 11.06 million for the quarter ended December 31, 2024, compared with Rs. 8.80 million in the same quarter last year. Loss per share widened to Rs. 0.96 from Rs. 0.76. The report also notes an adverse auditor opinion on the going-concern assumption, citing closure of operations, default on instalments of restructured liabilities, and related unprovided mark-up. No cash dividend, bonus shares, rights shares, or other entitlement was recommended.
| Metric | PreviousQuarter ended December 31, 2023 | CurrentQuarter ended December 31, 2024 | Change |
|---|---|---|---|
| Gross (loss) | (7,556,379) | (6,845,581) | +9.4% |
| Operating (loss) | (10,558,959) | (11,598,227) | -9.8% |
| (Loss) after taxation | (8,796,842) | (11,063,574) | -25.8% |
| (Loss) per share - basic and diluted (rupees) | (0.76) | (0.96) | -26.3% |
| Cash and bank balances | 6,640,632 | 3,479,016 | -47.6% |
| Short term borrowings | 232,201,499 | 232,201,499 | 0% |
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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