Karachi: Ecopack Limited has released its financial results for the fiscal year ending June 30, 2026, revealing a profit after taxation of Rs 414.88 million, up from Rs 339.84 million the previous year. The company's Board of Directors met on September 12, 2026, to approve the results and make key recommendations regarding dividends and shareholder entitlements.
During the board meeting held at the Ishaat Habibullah Room, Sind Club, Karachi, and via video conferencing, a cash dividend of Rs 3 per share was recommended for the year ended June 30, 2026. Additionally, the Board proposed issuing bonus shares, but specific proportions and details were not disclosed in the available information. The issuance of right shares was not recommended.
Ecopack Limited's financial performance for the year was highlighted by a gross profit of Rs 1,345.14 million, compared to Rs 1,203.35 million in the previous year. The company's revenue from contracts with customers, net of sales tax, amounted to Rs 6,514.39 million, a decrease from Rs 7,183.11 million in 2025. The operating profit stood at Rs 845.22 million, increased from Rs 761.97 million in the previous fiscal year.
The Board of Directors also recommended to the 35th Annual General Meeting (AGM) the appointment of M/s A. F. Ferguson & Co. as auditors for the year ending June 30, 2027. The AGM is scheduled for October 2026 at the company's premises in Hattar, Khyber Pakhtunkhwa.
According to information available from the Pakistan Stock Exchange (PSX), Ecopack Limited's cost of sales decreased to Rs 5,169.25 million from Rs 5,979.76 million in 2025, contributing to the improved gross profit. The finance cost declined to Rs 148.03 million from Rs 189.72 million, further supporting the increase in profit before taxation, which reached Rs 697.19 million, up from Rs 572.25 million.
Earnings per share for the year increased to Rs 8.60 from Rs 7.04. The company's total assets grew to Rs 4.55 billion, compared to Rs 3.35 billion in the previous year, reflecting an expansion in both non-current and current assets. Non-current liabilities rose to Rs 946.50 million from Rs 413.93 million, while current liabilities increased to Rs 1.61 billion from Rs 1.26 billion.
The company's cash flow from operating activities generated Rs 704.18 million, down from Rs 773.52 million in the previous fiscal year. This decrease was attributed to higher finance costs and contributions to gratuity funds. Meanwhile, substantial investments were made in property, plant, and equipment, totaling Rs 1.12 billion, significantly higher than the previous year's Rs 366.24 million.
The Board has clarified that the entitlements will be distributed to shareholders whose names appear in the Register of Members as of a future date, with share transfer books closed from a yet-to-be-specified period. The company's annual report will be disseminated through PUCARS at least 21 days before the AGM.