Packages returns to profit with Rs5bn in 1HCY26

Packages Limited (PSX: PKGS) swung from a loss into profit over the six months to June 30, 2026, Mettis Global reported. The company recorded a consolidated net profit of Rs5.45bn, against a loss of Rs336.80m in the same period last year. Its basic earnings per share came in at Rs42.34, compared with a loss of Rs14.56 per share a year earlier, while diluted EPS was Rs39.58.

Net revenue climbed 11% to Rs108.30bn from Rs97.16bn, while cost of sales grew at a slower 7%, lifting gross profit 29% to Rs26.06bn. According to the report, the margin gain came from better cost management and a more favourable product mix.

Other income nearly tripled to Rs1.87bn and investment income rose to Rs935.51m, while the levy climbed to Rs2.46bn and income tax fell 48% to Rs1.60bn. Of the total, Rs3.78bn belonged to the parent company's shareholders, compared with a loss of Rs1.30bn last year, and non-controlling interests took Rs1.67bn.