Karachi: S.G. Allied Businesses Limited has released its financial statements for the year ending June 30, 2026, showing a notable improvement in profitability despite a downturn in sales. The company's report, dated October 8, 2026, highlights a shift from a loss in the previous year to a profit after taxation in the current year.
According to the financial statement, the company recorded a total turnover of PKR 76,197,596, a decline from the previous year’s PKR 85,218,211. This represents a very large or significant move of -10.58% in sales. The cost of sales decreased to PKR 62,561,882 from PKR 56,719,594, leading to a gross profit of PKR 13,635,714, down from PKR 28,498,617 in 2025.
Operating expenses for the year amounted to PKR 142,942,040, a minor move of 1.20% increase from the previous year’s PKR 141,245,347. Despite the increase in operating expenses, the operating loss widened to PKR 129,306,326 from PKR 112,746,730.
A significant factor contributing to the improved bottom line was the surge in other income, which rose to PKR 119,715,046 from PKR 98,045,322. Financial charges also increased to PKR 358,549 from PKR 236,698.
The company reported a loss before taxation of PKR 12,398,737, which was a reduction from the previous year’s loss of PKR 17,228,900. A major turnaround was observed post-taxation, with a gain of PKR 37,433,595 compared to a loss of PKR 15,169,556 in 2025. The taxation entry for the year was PKR 49,832,332, a remarkable increase from PKR 2,059,344 in the prior year.
The company's equity position improved, with total equity increasing to PKR 959,523,718 from PKR 922,090,124. This change occurred despite a moderate move in accumulated loss, narrowing to PKR 749,156,341 from PKR 791,379,687.
According to information available from the Pakistan Stock Exchange (PSX), S.G. Allied Businesses Limited’s performance reflects a strategic shift in financial management, focusing on income generation and efficiency. The company's shares, with an authorized capital of 15 million ordinary shares valued at PKR 10 each, remain a point of interest in the market.
The comprehensive income for the year was recorded as PKR 37,433,595, marking a significant improvement from a comprehensive loss of PKR 14,219,239 in the previous year. Basic and diluted earnings per share rose to PKR 2.50, compared to a loss of PKR 1.01 per share in 2025.
S.G. Allied Businesses Limited's financial performance for the year illustrates a strategic realignment geared towards enhancing profitability amid challenging market conditions. The company’s continued focus on optimizing income and managing expenses has been pivotal in reversing its financial trajectory.