Peshawar: The Premier Sugar Mills & Distillery Co. Ltd. announced its financial results for the quarter and nine months ended June 30, 2025, following the approval by its Board of Directors on July 28, 2025. The results were submitted electronically in compliance with the Pakistan Stock Exchange notice dated September 03, 2018.
For the quarter ending June 30, 2025, the company's sales amounted to 946.05 million, exhibiting a very large or significant move compared to the 110.61 million recorded during the same period in the previous year. After accounting for sales tax, net sales stood at 913.86 million, which marked a very large or significant move from the 93.74 million reported in the prior year.
The cost of sales for the quarter was 775.49 million, representing a very large or significant move from the previous year's 215.26 million. This led to a gross profit of 138.37 million, compared to a gross loss of 121.52 million in the same period last year, indicating a very large or significant move.
Distribution costs increased to 110.83 million, a very large or significant move from the 383 recorded previously. Administrative expenses rose to 34.91 million, a minor move from the 30.32 million recorded in the previous year. Other income saw a big move as it decreased to 10.57 million from 588.36 million.
Profit from operations for the quarter was 3.21 million, compared to 436.13 million in the previous year, reflecting a very large or significant move. Finance costs increased to 96.33 million, a moderate move from 62.28 million.
The company reported a loss before taxation of 93.11 million, a very large or significant move from the profit of 373.85 million in the previous year. After accounting for taxation, which decreased to 73.33 million, the loss after taxation was reported at 19.78 million, a very large or significant move from the profit of 547.36 million in the corresponding quarter of the previous year.
For the nine months ending June 30, 2025, sales were reported at 1.50 billion, a very large or significant move from 622.14 million in the previous year. Net sales, after deductions, amounted to 1.44 billion, reflecting a very large or significant move from 527.24 million.
The cost of sales was 1.43 billion, leading to a gross profit of 16.61 million, which showed a very large or significant move from the gross loss of 412.14 million in the previous year.
According to information available from the Pakistan Stock Exchange (PSX), the company’s distribution costs for the nine-month period increased to 162.39 million, while administrative expenses decreased to 95.93 million. Other income reduced to 77.03 million, indicating a big move from last year's 681.28 million.
The loss from operations was 165.47 million, compared to a profit of 161.76 million in the previous year, showing a very large or significant move. Finance costs rose to 223.70 million, a moderate move from 184.55 million.
The company reported a loss before taxation of 389.17 million, up from a loss of 22.79 million, marking a very large or significant move. After taxation adjustments, the loss after taxation for the nine months was 322.87 million, a very large or significant move from the profit of 134.97 million in the previous year.
The earnings per share for the quarter decreased to a loss of 5, and for the nine months, it was a loss of 86, indicating a very large or significant move from the previous year's earnings.