Karachi: Pakistan Oxygen Limited has announced its financial results for the half-year and quarter ending June 30, 2026, reporting significant growth in revenue despite no dividend payouts. According to the report, which was shared on August 25, 2026, the company saw its gross sales rise to 8.52 billion rupees for the first half of the year, up from 6.99 billion rupees in the same period in 2025, marking a very large or significant move of 21.75%.

The company's Board of Directors, in a meeting held on August 24, 2026, in Karachi, declared no cash dividends, bonus shares, or right shares for the period. The half-year financial results highlight gross sales of 8.52 billion rupees and net sales of 7.39 billion rupees, compared to 6.07 billion rupees in the previous year, illustrating a big move of 21.67%.

According to information available from the Pakistan Stock Exchange (PSX), the company's gross profit reached 3.25 billion rupees, a significant increase from the 2.29 billion rupees reported in the first half of 2025. This growth reflects a strategic focus on cost management and operational efficiencies, with the cost of sales rising to 4.14 billion rupees from 3.78 billion rupees.

The report also detailed an operating profit of 2.71 billion rupees, up from 1.82 billion rupees in the previous year, and a profit before taxation of 2.56 billion rupees, compared to 1.49 billion rupees in 2025. This represents a very large or significant move of 71.94% in profit before taxation.

Administrative and other operating expenses saw a rise to 767.82 million rupees from 492.56 million rupees, reflecting increased operational activities. The finance cost decreased to 152.17 million rupees from 294.60 million rupees, indicating improved financial management and reduced debt servicing costs.

Pakistan Oxygen's balance sheet showed total assets of 21.30 billion rupees as of June 30, 2026, compared to 20.60 billion rupees at the end of December 2025. The equity and liabilities totaled 21.30 billion rupees, with non-current liabilities decreasing to 3.67 billion rupees and current liabilities decreasing to 4.22 billion rupees.

The company's earnings per share for the period increased to 19.31 rupees from 10.35 rupees in the same period last year, underlining strong financial performance and enhanced shareholder value.