Shaffi Chemical Industries Reports Significant Surge in Quarterly Sales

Karachi: Shaffi Chemical Industries Limited has released its financial results for the quarter ending September 30, 2026, showing a notable increase in net sales and gross profit compared to the same period last year. The company reported its findings on October 28, 2026, detailing the financial performance over the last quarter.

The company's net sales for the quarter reached 13.14 million rupees, a significant increase from 5.99 million rupees recorded in the same quarter of the previous year. This represents a very large or significant move in sales, underscoring a positive trajectory in the company's operations.

The cost of sales also saw a substantial rise to 10.52 million rupees, up from 4.62 million rupees last year, indicating a 77% increase. Despite this, the gross profit climbed to 2.62 million rupees from 1.37 million rupees, marking a 23% rise, which is classified as a big move in profitability.

Administrative expenses increased to 1.75 million rupees compared to 483,297 rupees last year. Additionally, other operating expenses amounted to 189,605 rupees, which were not present in the previous year's quarter. As a result, the operating profit saw a decline to 676,654 rupees from 890,821 rupees.

The finance cost reduced significantly to 10,483 rupees from 1.47 million rupees, contributing to a profit before taxation of 666,171 rupees, a turnaround from a loss of 580,272 rupees last year.

According to information available from the Pakistan Stock Exchange (PSX), Shaffi Chemical Industries posted a profit after taxation of 473,441 rupees, equivalent to a 4% increase from the previous year’s loss of 580,272 rupees. This financial turnaround is reflected in the earnings per share, which rose to 0.04 rupees from a negative 0.05 rupees last year, indicating a noteworthy improvement.

The designated market category for the company remains within the chemical sector, pointing to a robust performance in this segment.