Karachi: Tri-Pack Films Limited has reported a substantial loss for the half-year period ending on June 30, 2025, as per the unaudited financial results approved by the company's Board of Directors in their recent meeting. The financial review, conducted on August 8, 2025, revealed significant challenges faced by the company in the current fiscal period.
The company recorded a total revenue of 14.51 billion for the half-year, reflecting a moderate move in comparison to the same period in the previous year. Despite a slight increase in revenue, Tri-Pack Films reported a loss of 468.20 million, a stark contrast to the profit of 55.84 million recorded in the first half of 2024. This marks a very large or significant move in the company's financial performance.
The company's gross profit for the half-year stood at 1.93 billion, indicating a moderate move from the previous year's figure. However, the net finance costs nearly doubled to 1.41 billion, exerting considerable pressure on the company's bottom line and resulting in an operating loss before tax.
According to information available from the Pakistan Stock Exchange (PSX), Tri-Pack Films Limited did not declare any cash dividends, bonus shares, or rights shares for the period. Moreover, there were no other entitlements or corporate actions announced, indicating a cautious approach amid the financial downturn.
The statement of financial position as of June 30, 2025, showed total assets amounting to 32.38 billion, with a slight increase from the end of the previous year. The company's liabilities stood at 27.66 billion, reflecting a moderate move in the burden of debt and obligations.
The company's equity declined as well, with the total equity and reserves decreasing to 4.71 billion from the previous balance. The comprehensive loss has affected shareholder returns, as evidenced by the loss per share of 12.07, compared to earnings per share of 1.44 in the first half of 2024.
The market's response remains to be seen as investors digest the financial outcomes of the half-year period. Tri-Pack Films Limited operates within the designated market category of industrial goods, a sector currently navigating complex economic conditions.