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The filing transmits Gulistan Spinning Mills Limited’s annual audited financial statements for the year ended June 30, 2026. The auditor issued a qualified opinion because certain bank balances and payable balances could not be verified. The report also highlights that the company and its restructuring agent have entered into a Scheme of Arrangement and that the going-concern basis is no longer considered appropriate.
Gulistan Spinning Mills Limited will hold its Annual General Meeting on October 28, 2026 at 9:30 a.m. at 2nd Floor, Finlay House, I.I. Chundrigar Road, Karachi. The agenda includes approval of the audited financial statements for the year ended June 30, 2026 and appointment of auditors for 2026–2027. Share transfer books will be closed from October 21 to October 28, 2026, both days inclusive.
For the year ended June 30, 2026, the company reported profit after taxation of Rs 20.32 million and EPS of Rs 1.39, versus a loss of Rs 5.94 million and loss per share of Rs 0.41 last year. However, the operating loss widened to Rs 8.26 million, and sales remained nil. Other income of Rs 28.59 million was the main contributor to the reported profit. The Board recommended no cash dividend, bonus shares, or rights shares.
A meeting of the Board of Directors is scheduled for October 6, 2026, to consider the annual audited accounts.
Gulistan Spinning Mills Ltd reports on its non-operational status and asset sale under the Scheme of Arrangement as sanctioned by the High Court.
The company confirmed no ongoing activities affecting share prices or trading volume.
Gulistan Spinning Mills Limited has transmitted the Quarterly Financial Statements for the period ended 2026-03-31 to the Pakistan Stock Exchange.
Gulistan Spinning Mills Limited reports its financial results for the quarter ended March 31, 2026.
Gulistan Spinning Mills Ltd (GUSM) is listed on the Pakistan Stock Exchange in the Textile Spinning sector. Read company disclosures, financial-result notices, corporate actions and meeting updates. Open the relevant notice for its dates and terms.
This page brings together available disclosures for Gulistan Spinning Mills Ltd (GUSM), including results, corporate actions, meeting notices and other company updates. Open an individual announcement to read its details and available source document.
Look for the relevant financial-result or corporate-action announcement. Check its reporting period, dividend amount and any conditions in the notice; publication date is not necessarily the payment or entitlement date.
A future date should only be taken from an announcement that explicitly states it. Past payment dates or a historical dividend yield do not establish the next payout or book-closure schedule.
Use the Fundamentals section for available earnings, dividend and valuation figures, keeping each reporting period in view.
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