Service Global Footwear reports half-year profit more than doubling

Financial Result

The board approved unaudited half-year results for the six months ended June 30, 2026. Unconsolidated profit after taxation rose to Rs. 2,501.581 million from Rs. 1,115.458 million, and basic EPS increased to Rs. 12.12 from Rs. 5.41. Revenue and profit from operations declined year over year. No cash dividend, bonus shares, or right shares were recommended.

Key Findings

Board approved separate and consolidated half-year financial statements on August 27, 2026.
Unconsolidated revenue decreased to Rs. 8,103.903 million from Rs. 9,541.414 million.
Unconsolidated profit after taxation increased to Rs. 2,501.581 million from Rs. 1,115.458 million; basic EPS rose to Rs. 12.12 from Rs. 5.41.
No cash dividend, bonus shares, or right shares were recommended.
The half-yearly report will be transmitted separately through PUCARS.

Financial Performance

Metric	PreviousHalf year ended June 30, 2025	CurrentHalf year ended June 30, 2026	Change
Revenue	9,541,414	8,103,903	-15.1%
Gross profit	1,588,842	1,672,601	+5.3%
Profit from operations	494,211	457,469	-7.4%
Profit after taxation	1,115,458	2,501,581	+124.3%
Earnings per share - basic (rupees)	5.41	12.12	+124%
Finance cost	(256,468)	(185,675)	+27.6%
Cash and bank balances	1,123,513	238,277	-78.8%
Short term borrowings	7,128,240	7,968,373	+11.8%

Original PDF

View stock

⚡

Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.

Your market watch, portfolio and news desk in one app.

Service Global Footwear reports half-year profit more than doubling

Key Findings

Financial Performance

More SGF announcements