⚡ Flash Summary
Asim Textile Mills Ltd. reported its financial results for the year ended June 30, 2025. The company’s revenue increased significantly compared to the previous year, while the company went from a loss to a profit. No cash dividend, bonus shares, or right shares were recommended by the board. The statement of financial position and profit or loss are included in the announcement.
📌 Key Takeaways
- ⬆️ Revenue from contracts increased to PKR 2,181.7 million in 2025 from PKR 1,812.7 million in 2024.
- ✅ Gross profit of PKR 90.3 million in 2025 compared to a gross loss of PKR 23.3 million in 2024.
- 💸 Operating expenses decreased to PKR 56.7 million in 2025 from PKR 43.9 million in 2024.
- 📈 Profit from operations of PKR 33.6 million in 2025 compared to a loss of PKR 67.1 million in 2024.
- 📉 Finance costs increased to PKR 0.3 million in 2025 from PKR 0.1 million in 2024.
- 💰 Other income decreased to PKR 19.7 million in 2025 from PKR 27.9 million in 2024.
- 📊 Profit before levies and income tax of PKR 53.0 million in 2025 compared to a loss of PKR 39.3 million in 2024.
- 🧾 Levies decreased to PKR 11.2 million in 2025 from PKR 23.4 million in 2024.
- 🧾 Income tax of PKR -21.9 million in 2025 compared to PKR 36.1 million in 2024.
- ✨ Profit for the year of PKR 19.9 million in 2025 compared to a loss of PKR 26.6 million in 2024.
- ⭐ Earnings per share of PKR 1.31 in 2025 compared to a loss per share of PKR 1.75 in 2024.
- Shareholder equity increased from PKR 329.7 million to PKR 444.4 million y/y.
🎯 Investment Thesis
Based on the improved financial performance, a HOLD rating is appropriate. While the turnaround is promising, further observation is needed to ensure sustained profitability and growth. A price target will be more realistically assigned following further financial information. Time horizon is MEDIUM_TERM.
Disclaimer: AI-generated analysis. Not financial advice.