⚡ Flash Summary
Crescent Fibres reported a net loss for the quarter ended September 30, 2025, reversing from a profit in the same period last year. Sales decreased significantly, contributing to a gross loss compared to a gross profit last year. The company did not declare any cash dividend, bonus shares, or right shares. Despite these challenges, there was a notable increase in surplus on revaluation of property, plant, and equipment.
Signal: SELL 📉
Strength: 8/10
Sentiment: NEGATIVE
Time Horizon: SHORT_TERM
📌 Key Takeaways
- 📉 Sales decreased to PKR 1,011.74 million from PKR 1,548.04 million YoY.
- 😔 Gross loss of PKR 7.96 million compared to a gross profit of PKR 19.95 million YoY.
- ⚠️ Operating loss widened to PKR 37.64 million from PKR 16.31 million YoY.
- 💸 Financial charges decreased to PKR 37.15 million from PKR 64.68 million YoY.
- ❌ Loss before taxation increased to PKR 87.55 million from PKR 100.66 million YoY.
- 🧾 Taxation shows income of PKR 9.65 million compared to income of PKR 4.14 million YoY.
- ⛔ Net loss for the period is PKR 77.90 million compared to a net loss of PKR 96.52 million YoY.
- 📉 Loss per share is PKR 6.27 compared to a loss per share of PKR 7.77 YoY.
- ✅ Surplus on revaluation of property, plant and equipment increased significantly to PKR 838.48 million.
- 💰 Cash and cash equivalents decreased to PKR 20.18 million from PKR 41.94 million since June 30, 2025.
- 🚫 No cash dividend, bonus shares, or right shares were declared.
- ⬆️ Trade debts decreased to PKR 834.76 million from PKR 892.96 million since June 30, 2025.
- ⬆️ Short term borrowings increased to PKR 503.65 million from PKR 408.97 million since June 30, 2025.
🎯 Investment Thesis
SELL. The declining sales and net loss, coupled with increasing short term borrowings, create a concerning outlook. While the revaluation of assets provides some cushion, the core business performance is weak. Price Target: PKR 15.00, Time Horizon: 6 months.
Disclaimer: AI-generated analysis. Not financial advice.