Lahore: Aria Industries Limited reported a very large or significant move in its financial results for the half year ending December 31, 2024, as the company recorded a loss after taxation amounting to 84.38 million. The company’s Board of Directors, in a meeting held on August 29, 2025, announced that no cash dividend, bonus shares, or right shares would be distributed to shareholders. Additionally, no other entitlements or corporate actions were recommended during the meeting, according to the company’s official disclosure.
The company’s net sales for the six months ending December 31, 2024, stood at 234.16 million, which marked a big move when compared to the previous year’s performance. The cost of sales, however, led to a substantial gross loss of 46.00 million. For the quarter ended December 31, 2024, the company reported net sales of 117.57 million, but continued to incur losses, with a gross loss of 23.88 million.
Operating expenses, including administrative, general, and selling and distribution costs, contributed to the operating loss of 61.10 million for the six-month period. The finance cost further exacerbated the company’s financial position, leading to a loss before taxation of 69.43 million.
According to information available from the Pakistan Stock Exchange (PSX), the company declared a loss after taxation of 84.38 million for the half-year period, while the loss per share was reported at 8.07. The company also disclosed a quarterly loss after taxation of 52.63 million, resulting in a basic and diluted loss per share of 5.03.
The profit and loss statement for Aria Industries reflects a challenging period, with a notable decline in sales and increased operational costs, which have significantly impacted the company’s financial health. The half-year report will be transmitted through PUCARS as per regulatory requirements, providing more detailed insights into the company’s performance and operational strategies moving forward.