Wah: Wah Nobel Chemical Ltd has reported a decline in net sales revenue and after-tax profit for the first quarter of fiscal year 2025, according to the company's condensed interim financial information released to shareholders. Net sales revenue for the period ending September 30, 2024, stood at PKR 1.20 billion, representing a 4% decrease from the PKR 1.25 billion earned during the same period last year.

Despite challenging economic conditions, the company earned an after-tax profit of PKR 111.00 million, down from PKR 146.00 million in the corresponding period of the previous year. The decrease in profitability is attributed to rising production costs and reduced sales during the quarter.

According to information available from the Pakistan Stock Exchange (PSX), the company's management remains optimistic about its future performance, with efforts underway to ensure operational efficiency and sustained growth in the coming periods.

The Board of Directors expressed appreciation for the dedication of the company's employees, recognizing their contributions amid the volatile economic landscape. They also acknowledged the continued support and trust of their customers, which they credited for the company's resilience.