Amtex Limited Reports Significant Decline in Financial Performance Amid Challenging Year

Faisalabad: Amtex Limited, a prominent player in the textile sector, disclosed a substantial downturn in its financial performance for the fiscal year ending June 30, 2025. According to the company’s financial results, the revenue from contracts with customers reached 2.37 billion rupees, a notable decrease from the previous year’s 2.79 billion rupees. This decline in revenue contributed to a gross profit of 133.00 million rupees, down from 421.93 million rupees in 2024.

The company, headquartered in Faisalabad, held a board meeting on October 7, 2025, during which the directors decided against recommending any cash dividends, bonus shares, or right shares. The meeting was part of the company’s routine financial disclosure process, as it prepares for the upcoming Annual General Meeting scheduled for October 28, 2025.

Amtex Limited’s financial results highlight a loss before levy and taxation of 94.63 million rupees, contrasting with a profit of 209.68 million rupees the previous year. The financial report also indicates a post-tax loss of 130.15 million rupees, a stark reversal from the profit of 179.03 million rupees reported for 2024. The company’s earnings per share fell to negative 0.50 rupees, compared to a positive 0.69 rupees in the prior year.

According to information available from the Pakistan Stock Exchange (PSX), the company’s total assets declined from 3.68 billion rupees in 2024 to 3.54 billion rupees in 2025. The decrease in assets is attributed to significant reductions in property, plant, and equipment values, which fell from 974.34 million rupees to 579.15 million rupees.

Amtex Limited’s current liabilities stand at 9.17 billion rupees, with short-term borrowings alone amounting to 5.04 billion rupees. Meanwhile, the company’s total equity has further deteriorated, showing a negative balance of 8.58 billion rupees, compared to negative 8.46 billion rupees in 2024.

The company’s financial statements reveal a comprehensive loss for the year of 128.04 million rupees, compared to a comprehensive income of 176.75 million rupees in the previous year. This reflects the broader challenges facing the textile industry amid fluctuating market conditions and increasing financial pressures.

Amtex Limited’s market performance, as reported, underscores the volatility in the textile sector and the firm’s ongoing efforts to navigate these challenges. As the company prepares for its Annual General Meeting, stakeholders will likely scrutinize the strategic measures being implemented to address the financial setbacks reported for the fiscal year 2025.