⚡ Flash Summary

Pakistan International Bulk Terminal Limited (PIBTL) reported a profitable quarter ending September 30, 2025, reversing a loss from the same period last year. The company’s revenue increased significantly due to higher cargo handling volumes. Management is focused on operational efficiency, cost control, and sustainable cash flow generation. PIBTL is also positioning itself to handle mineral exports, potentially broadening its cargo base and strengthening long-term stakeholder value.

📌 Key Takeaways

• 📈 Revenue surged to PKR 3,980.142 million, a 71.5% increase compared to PKR 2,319.769 million in Q1 2024-2025.
• 💰 Gross profit soared to PKR 1,285.160 million, up from PKR 363.178 million in the same quarter last year.
• ✅ Net profit reached PKR 616.520 million, a significant turnaround from a net loss of PKR 297.891 million in Q1 2024-2025.
• ⭐ Earnings per share (EPS) improved to PKR 0.35, compared to a loss per share of PKR 0.17 in the prior year’s quarter.
• 🚢 Cargo handling volume increased to 1,871,682 tons, up from 1,177,464 tons in the corresponding period last year.
• ⛏️ PIBT is identified as the preferred terminal for copper and gold concentrate exports from the Reko Diq Mining Company.
• 🤝 The company appreciates the dedication of its employees and the support of stakeholders and financial institutions.
• 🌱 Focus remains on enhancing efficiency in cargo handling operations and upholding international standards.
• 🥇 The terminal is dedicated to providing unparalleled services with high efficiency and pollution control at optimized cost.
• 🚀 Implementing strategies to sustain performance, promote innovation, and maximize stakeholder value.
• 🏦 Long-term financing secured stands at PKR 3,467.982 million.
• 💸 Cash and bank balances are at PKR 886.639 million.

🎯 Investment Thesis

BUY. PIBTL’s strong Q1 2025-2026 performance, driven by increased cargo handling volumes and improved operational efficiency, makes it an attractive investment. The company’s focus on sustainable growth and potential for mineral exports further strengthens its investment case. The price movement should increase.