Lahore: Packages Limited has released its financial report for the six-month period ending June 30, 2026, highlighting significant developments in its financial position and operational strategies. The report, dated September 15, 2026, reveals notable changes in both Shariah-compliant and conventional financial activities.
The report indicates that the company has maintained its long-term Shariah-compliant loans at 4.00 billion rupees as of June 30, 2026, unchanged from the previous period ending December 31, 2025. Concurrently, conventional long-term loans have decreased slightly from 13.84 billion rupees to 12.98 billion rupees, reflecting a shift in the company's financing strategy.
On the short-term liabilities side, the company did not report any Shariah-compliant loans, while conventional short-term loans increased from 394.76 million rupees to 1.55 billion rupees. This increase represents a strategic move towards conventional short-term financing.
In terms of accrued interest or mark-up, Packages Limited reported a figure of 41.03 million rupees for Shariah-compliant arrangements and 389.29 million rupees for conventional ones as of June 30, 2026. These figures compare to zero and 339.88 million rupees, respectively, from the previous period.
The company's asset position showed conventional short-term investments remaining steady at 110 million rupees. Bank balances reported a slight increase in Shariah-compliant accounts to 12 thousand rupees, while conventional accounts saw a decrease from 223.16 million rupees to 257.50 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), Packages Limited recorded a gain or loss or dividend earned on investments or share of profit from associates, amounting to 2.95 billion rupees in Shariah-compliant activities and 82.68 million rupees in conventional activities for the six-month period ending June 30, 2026. These figures indicate a significant increase from the previous year, highlighting the company's strategic investments and improved market performance.
The finance costs reported a moderate move, with Shariah-compliant costs increasing to 225.71 million rupees and conventional costs rising to 800.85 million rupees, from 51.92 million rupees and 581.97 million rupees, respectively, from the previous year. This suggests a shift in the company's financial strategy, with increased reliance on both Shariah-compliant and conventional financing options.
Revenue earned from Shariah-compliant business segments was recorded at 429.43 million rupees, while conventional segments reported no revenue. This reflects the company's continued focus on expanding its Shariah-compliant business operations.
The report also details other income sources, including a profit of 744 thousand rupees on the disposal of operating fixed assets, a technical fee of 40.70 million rupees from Packages Lanka (Private) Limited, and a gain of 650 thousand rupees from the unwinding of long-term advances. Additionally, profit from conventional loans to subsidiary companies amounted to 67.18 million rupees.
Overall, the financial report for Packages Limited underscores the company's strategic focus on enhancing its Shariah-compliant financial activities, while maintaining a balanced approach to conventional financing. This strategy is poised to influence the company's market position and financial stability in the coming years.