Lahore: Tri-Star Power Limited has released its financial statement for the year ended June 30, 2025, revealing a challenging period marked by a notable decline in revenue and an increase in liabilities. The company, listed on the Pakistan Stock Exchange, reported a revenue of 5.00 million rupees for the year, reflecting a significant downturn from previous financial performance.
According to the statement, Tri-Star Power Limited suffered a loss before taxation of 9.90 million rupees compared to a loss of 12.30 million rupees in the previous year. The company’s operating expenses, notably in administrative and general expenses, amounted to 14.42 million rupees, contributing to an operating loss of 14.70 million rupees.
The financial position of the company showed a reduction in total assets from 219.24 million rupees in 2024 to 217.03 million rupees in 2025. Non-current assets, including property, plant, and equipment, remained stable at 150.00 million rupees. Current liabilities saw a noteworthy increase with trade and other payables rising significantly, a factor that has influenced the company’s cash flow and overall financial health.
Shareholders’ equity decreased from 186.11 million rupees in 2024 to 173.68 million rupees in 2025. This decline is attributed to an accumulated loss of 49.28 million rupees, which has impacted the company’s capital reserves. The balance sheet also reflected changes in the company’s comprehensive income, with an unrealized loss due to changes in the fair value of investments amounting to 2.11 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), Tri-Star Power Limited experienced a minor move in the unrealized gain or loss due to changes in the fair value of investments, with the percentage change classified as a big move.
The statement highlights a decrease in cash and bank balances from 43.73 million rupees to 42.89 million rupees, indicating a net decrease in cash and cash equivalents over the year. The company’s financial activities included a depreciation charge of 286,398 rupees and financial expenses of 2,900 rupees, which were factors in the overall financial outcome.
Tri-Star Power Limited’s financial statement underscores the challenges faced by the company in maintaining its market position amidst fluctuating financial conditions. The decrease in revenue and increase in liabilities point to a need for strategic adjustments in operations and financial management as the company navigates an evolving economic landscape.