Karachi: Dadabhoy Sack Limited has released its financial results for the quarter ending September 30, 2024, reporting a loss of Rs. 0.97 million. The company's Board of Directors disclosed the results following a meeting held on October 30, 2024, at the company’s registered office in Karachi.
According to information available from the Pakistan Stock Exchange (PSX), Dadabhoy Sack Limited reported no sales or cost of goods sold during the quarter, leading to a continued operational loss. Administrative expenses for the quarter totaled Rs. 0.97 million, slightly reduced from Rs. 0.99 million recorded during the same period in 2023. As a result, the loss before and after taxation stood at Rs. 0.97 million for the quarter, mirroring the previous year's loss of Rs. 0.99 million.
The company did not announce any cash dividend, bonus certificates, right certificates, or any other corporate entitlement for the period, according to the official communication submitted to the PSX. Additionally, no other price-sensitive information was provided in the statement.
The quarterly report for the period ending September 30, 2024, will be transmitted separately through the PUCARS system within the specified time, according to company officials.