PAKOXY 1HCY26 profit surges 87%

Mettis Global reported that Pakistan Oxygen Limited posted a net profit of Rs1.68bn for the half-year to June 30, 2026, up 87 per cent from Rs901.56m a year earlier. Earnings per share stood at Rs19.31, against Rs10.35 in 1HCY25.

Net sales grew 22 per cent to Rs7.39bn, while cost of sales rose 9 per cent to Rs4.14bn, lifting gross profit 42 per cent to Rs3.25bn. Distribution, administrative and other operating costs all climbed, but a jump in other income to Rs233.80m from Rs19.83m helped operating profit increase 49 per cent to Rs2.71bn. Finance costs fell 48 per cent to Rs152.17m.

Profit before taxation rose 72 per cent to Rs2.56bn, supported by lower finance costs and the removal of minimum tax levies. Taxation increased 50 per cent to Rs880.77m, and the company's net profit closed the half-year at Rs1.68bn.