Karachi: Mandviwalla Mauser Plastic Industries Limited announced its financial results for the half-year period ended December 31, 2025, following a board meeting held on March 30, 2026. The board, convening at the company’s registered office on Old Queens Road, Karachi, approved the un-audited interim financial statements reviewed by the company’s auditors.
For the reported period, the company declared no cash dividend, bonus shares, or right shares. Additionally, there were no other entitlements or corporate actions reported. The half-yearly report will be transmitted separately via PUCARS within the specified timeframe.
According to the financial statements, the company’s total assets increased to 615.58 million rupees from 548.74 million rupees as of June 30, 2025. A significant contributor to this growth was the rise in stock-in-trade, which expanded to 280.05 million rupees from 233.51 million rupees, and other receivables which increased to 124.35 million rupees from 87.26 million rupees. Cash and bank balances also saw an increase, ending at 8.68 million rupees compared to 65,537 rupees at the start of the period.
The equity and liabilities section showed a rise in accumulated losses, narrowing from 285.08 million rupees to 220.46 million rupees, contributing to an overall improvement in shareholder equity to 182.73 million rupees from 118.12 million rupees. Current liabilities stood at 353.26 million rupees, showing a slight increase from 346.50 million rupees, while non-current liabilities decreased to 79.59 million rupees from 84.12 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), the company’s sales during the period reached 789.90 million rupees, up from the previous year’s 483.13 million rupees, marking a very large or significant move. The cost of goods sold was recorded at 644.03 million rupees, resulting in a gross profit of 145.87 million rupees, while operating profit reached 111.98 million rupees. Profit after tax for the period ended at 64.61 million rupees, translating to earnings per share of 2.25 rupees, compared to 0.62 rupees in the previous year, indicating a significant improvement.
Cash flows from operating activities showed a net inflow of 18.90 million rupees, a turnaround from a net outflow of 68.03 million rupees recorded in the previous year. This was primarily due to adjustments in working capital and a reduction in financial and other charges paid.
The company’s financial results reflect a stable performance in a challenging market environment, with no announcements of dividends or other corporate actions. The management continues to focus on operational efficiencies and optimizing working capital to sustain its financial health.