⚡ Flash Summary
Dewan Automotive Engineering Limited reported its financial results for the quarter ended September 30, 2025. The company experienced a net loss of PKR 12.831 million, compared to a loss of PKR 11.849 million in the same period last year. The loss per share worsened slightly to PKR 0.60 from PKR 0.55. There was no cash dividend, bonus shares, or right shares declared for the period.
📌 Key Takeaways
- 📉 Net loss increased to PKR 12.831 million from PKR 11.849 million year-over-year.
- 📉 Loss per share widened to PKR 0.60 from PKR 0.55 year-over-year.
- 🚫 No cash dividend declared.
- 🚫 No bonus shares declared.
- 🚫 No right shares declared.
- 📉 Gross loss reported at PKR 3.015 million.
- 📉 Operating loss reported at PKR 4.347 million.
- ⬆️ Other income increased to PKR 423,000 from PKR 276,000 year-over-year.
- ⬆️ Finance costs increased to PKR 9.254 million from PKR 8.287 million year-over-year.
- ⬇️ Administrative expenses increased to PKR 1.332 million from PKR 918,000 year-over-year.
- 💰 Cash and cash equivalents decreased to PKR 303,000 from PKR 358,000 year-over-year.
🎯 Investment Thesis
Given the continuing losses and negative financial trends, a SELL recommendation is warranted. The company needs to demonstrate a clear path to profitability before a positive outlook can be considered. Without a turnaround plan and improved financial performance, the stock is unlikely to deliver positive returns.
Disclaimer: AI-generated analysis. Not financial advice.