Lahore: Abdullah Shah Ghazi Sugar Mills Limited has disclosed its financial results for the period ending March 31, 2025, revealing a sustained pattern of financial losses. The Board of Directors convened on May 27, 2025, in Lahore to review the company's financial performance and determined that no cash dividend, bonus shares, or right shares would be distributed to shareholders. The board also reported no other entitlements or corporate actions.

The company's financial statement highlights a net sales figure of 120.04 million rupees for the six-month period ending March 31, 2025. However, the cost of sales significantly exceeded this amount, totaling 278.89 million rupees, resulting in a gross loss of 158.84 million rupees for the same period.

Operating losses for the six months reached 166.88 million rupees, compounded by administrative and general expenses amounting to 8.04 million rupees. The company recorded an additional income of 19.30 million rupees, yet this was overshadowed by a finance cost of 68.05 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), Abdullah Shah Ghazi Sugar Mills registered a pre-tax loss of 215.63 million rupees. After accounting for taxation, which provided a relief of 95.49 million rupees, the loss after tax stood at 120.14 million rupees. This translates to a loss per share of 1.52 rupees.

The financial results indicate ongoing challenges for the sugar mill, with the previous year's corresponding period showing a loss after tax of 191.22 million rupees. Additionally, for the quarter ending March 31, 2025, the company reported a loss after tax of 69.45 million rupees, a significant improvement from the 253.53 million rupees loss for the same quarter in 2024.

In the designated market category, the company has uploaded its accounts both on PUCARS and its own website for shareholder access.