Karachi: Pakistan International Terminal Limited presented its un-audited condensed interim financial statements for the half year ended June 30, 2026, amid a challenging economic landscape marked by global uncertainties and domestic structural constraints.

The report, dated August 28, 2026, highlighted the impact of geopolitical conflicts, trade imbalances, and stringent foreign exchange controls on the company's operations. These factors have influenced import and export activities, trade volumes, and the demand for containerized cargo handling services. Following the termination of the Concession Agreement on June 17, 2023, the company ceased its container handling operations. Subsequently, it entered into a Technical Services Agreement with Sky Media (Private), generating modest revenue during this period.

For the first half of 2026, the company reported revenue of Rs. 5,000,000, gross loss of Rs. 1,983,000, and a loss before taxation of Rs. 5,555,000. The loss after taxation amounted to Rs. 6,305,000, resulting in a loss per ordinary share of Rs. 0.06. The un-appropriated profit carried forward was reported at Rs. 28.787 million, down from Rs. 35.092 million initially brought forward.

According to information available from the Pakistan Stock Exchange (PSX), the company plans to expand its services into the logistics business. This strategic move aims to leverage its operational expertise, infrastructure, industry knowledge, and customer relationships in the container handling sector. The management remains committed to evaluating viable strategic options while managing the company's financial resources prudently.

The company emphasized its commitment to sustainable development, guided by core values of commitment, courtesy, competence, responsibility, and integrity. It aims to navigate future challenges and deliver value to its shareholders.