Lahore: Service Long March Tyres Limited has reported its audited financial results for the year ended June 30, 2026, reflecting a marked improvement in revenue and profitability. The Board of Directors, during their meeting on August 17, 2026, approved the financial statements and proposed a final cash dividend of Rs. 0.83 per share, corresponding to 41.50%.
The company's revenue surged to Rs. 71.71 billion, a significant increase from Rs. 49.84 billion in the previous year, demonstrating robust growth in its operational performance. The gross profit also saw an increase, reaching Rs. 18.15 billion from Rs. 10.75 billion, indicating a profitable year for the company.
According to information available from the Pakistan Stock Exchange (PSX), the financial results included a big move in profit after taxation, which rose to Rs. 13.53 billion from Rs. 10.03 billion in 2025. This reflects the company's effective cost management and strategic business initiatives.
The annual general meeting (AGM) is scheduled for September 19, 2026, at the Shalimar Tower Hotel in Lahore, where the company's performance and future strategies are expected to be discussed. Shareholders are advised that the share transfer books will remain closed from September 12 to September 19, ensuring only eligible shareholders as of September 11, 2026, can receive the dividend and participate in the AGM.
The company's total assets increased to Rs. 78.07 billion from Rs. 52.86 billion. Notable growth was observed in both non-current and current assets, with cash and bank balances rising to Rs. 11.40 billion from Rs. 4.57 billion, reflecting strong liquidity.
On the liabilities front, the total liabilities amounted to Rs. 32.34 billion, up from Rs. 25.66 billion, with both non-current and current liabilities showing increases. This rise corresponds with the company's expansion and financing activities.
Service Long March Tyres Limited continues to position itself strongly in the designated market category, with a focus on enhancing shareholder value through strategic initiatives and operational excellence.