Goodluck Industries Limited Declares 30% Cash Dividend Amid Profit Increase

Karachi: Goodluck Industries Limited has announced a final cash dividend of Rs. 3.00 per share, amounting to a 30% payout for the fiscal year ending June 30, 2026. The decision was made by the Board of Directors during their meeting on October 3, 2026, at the company's registered office in Karachi. The dividend will be disbursed to shareholders listed in the company's Register of Members as of October 19, 2026.

The Annual General Meeting is scheduled for October 26, 2026, at noon, at the company's registered office. Shareholders are advised that the Shares Transfer Books will remain closed from October 19, 2026, to October 26, 2026, inclusive. Transfers received by the close of business on October 17, 2026, at the S-49/A, S.I.T.E, Mauripur Road, Karachi, will be eligible for the dividend.

According to the financial results, Goodluck Industries Limited's turnover for the year increased to approximately 1.91 billion rupees from 1.61 billion rupees in the previous fiscal year, demonstrating a big move of 18.85%. The company's gross profit also rose from 32.43 million rupees to 35.02 million rupees. Administrative expenses decreased to 28.27 million rupees from 29.25 million rupees, and other operating expenses dropped to 629,509 rupees from 782,721 rupees.

The company's profit from operations saw a significant increase, reaching 6.12 million rupees from the previous year's 2.40 million rupees. Other income declined to 593,589 rupees from 2.76 million rupees, while finance costs increased to 68,750 rupees from 32,012 rupees. Profit before taxation stood at 5.65 million rupees, up from 5.12 million rupees, with profit after taxation recorded at 3.42 million rupees, showing a minor move from the previous year's 3.40 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), Goodluck Industries Limited's earnings per share, both basic and diluted, marginally increased to 11.41 rupees from 11.35 rupees.

The company's total assets slightly decreased to approximately 1.07 billion rupees from 1.08 billion rupees, while total liabilities reduced to 61.97 million rupees from 74.85 million rupees. The authorised capital remains at 10 million rupees, with issued, subscribed, and paid-up capital steady at 3 million rupees. The surplus on revaluation of property, plant, and equipment net of tax decreased to 881.16 million rupees from 889.88 million rupees.

The financial report indicates that Goodluck Industries Limited continues to maintain a stable financial position, despite the fluctuations in certain income and expense categories. The company's management expressed confidence in its strategic direction and commitment to delivering shareholder value.