Lahore: Pakgen Limited has released its financial results for the third quarter ending September 30, 2026, revealing a significant decline in post-tax earnings. The company reported a loss after taxation of Rs 325.499 million for the nine-month period, a noticeable decrease from the Rs 296.093 million loss recorded in the same period last year.

The statement, dated October 29, 2026, details the company's revenue and expenses over both the three-month and nine-month periods. For the nine-month span, the gain on sale of investments dropped from Rs 783.896 million in 2025 to Rs 448.574 million in 2026. The quarter ended September 2026 saw a similar trend, with the gain on sale of investments decreasing to Rs 51.193 million from Rs 68.861 million in the previous year.

Despite this, a moderate move was observed in the return on investments, which increased from Rs 18.144 million in 2025 to Rs 37.532 million in 2026 for the nine-month period. The quarterly return also saw an increase, reaching Rs 37.097 million.

According to information available from the Pakistan Stock Exchange (PSX), the company's other income for the nine months decreased to Rs 8.713 million from Rs 23.720 million, while the quarterly other income saw a slight increase to Rs 887,000 compared to Rs 616,000 during the same quarter in the previous year.

The unrealized gain on re-measurement of short-term investments also displayed a very large move, decreasing to Rs 99.719 million for the nine-month period in 2026 from Rs 496.771 million in 2025. The quarterly figures reveal a similar pattern, with a decrease to Rs 74.020 million from Rs 458.870 million.

Operating and administrative expenses were recorded at Rs 195.980 million for the nine-month period, with quarterly expenses totaling Rs 148.445 million. Finance costs remained relatively stable, with a minor decline to Rs 142,000 for the nine-month period and Rs 43,000 for the quarter.

The loss from discontinued operations stood at Rs 252.747 million for the nine-month period and Rs 29.146 million for the quarter, both showing improvement from the previous year's figures.

After accounting for levy and taxation, the company reported a loss before taxation of Rs 43.650 million for the nine-month period and Rs 22.024 million for the quarter of 2026. The taxation for the nine months reached Rs 281.848 million, contributing to the overall decline in post-tax earnings.

Earnings per share also reflected this downturn, with basic and diluted losses per share recorded at Rs 1.69 for the nine-month period and Rs 1.23 for the quarter, compared to Rs 0.80 and a profit of Rs 0.31, respectively, in the prior year.