Fateh Sports Wear Limited Reports No Sales and Financial Loss in Third Quarter

Karachi: Fateh Sports Wear Limited has revealed its financial results for the third quarter ending March 31, 2025, reporting no sales due to the lack of orders. The company's financial disclosures were presented to shareholders, detailing the Statements of Financial Position, Profit or Loss, Cash Flows, and Changes in Equity.

The company recorded administration expenses of Rs.2.55 million, alongside an exchange gain of Rs.0.20 million and financial and other charges amounting to Rs.0.09 million. Consequently, Fateh Sports Wear Limited incurred a loss before taxation of Rs.2.43 million for the nine-month period of the financial year.

According to information available from the Pakistan Stock Exchange (PSX), the unappropriated profit carried forward to the balance sheet stands at Rs.490.67 million. The loss per share for the period ended March 31, 2025, is Rs.1.22.

The financial report reflects the challenges faced by the company in securing orders, impacting its sales and overall financial performance. Fateh Sports Wear Limited continues to navigate the market dynamics within the designated market category of the textile sector.