SG Allied Businesses Limited Reports Financial Results with Significant Operating Losses

Karachi: SG Allied Businesses Limited has released its financial results for the quarter ending September 30, 2026, highlighting a significant operating loss, as discussed in a board meeting held on October 29, 2026. The financial disclosures come amid a challenging fiscal period for the company, as detailed below.

The company's sales figures stood at PKR 19,618,652, reflecting a decrease from the previous year's PKR 21,628,272. The cost of sales for the current period was PKR 7,426,663, resulting in a gross profit of PKR 12,191,989, compared to PKR 13,074,655 in the same quarter last year. The overall performance is marked by a big move decrease of 9.29% in sales.

Operating expenses, including administrative and selling costs, amounted to PKR 43,629,232, up from PKR 39,297,099 the previous year. This increase led to an operating loss of PKR 31,437,242, compared to the prior year's loss of PKR 26,222,445.

Despite these challenges, the company recorded other income of PKR 34,272,880, which helped offset some of the operational deficits. After accounting for financial charges of PKR 47,781, the company reported a profit before levy and taxation of PKR 2,787,857, a notable improvement from last year's PKR 678,439.

According to information available from the Pakistan Stock Exchange (PSX), SG Allied Businesses Limited's taxation for the period was PKR 587,876, leading to a net profit after taxation of PKR 2,199,980, compared to PKR 189,345 in the previous period. This reflects a very large move increase of 1,062.10% in net profit.

The basic and diluted loss per share for the quarter was reported at 0.15, an increase from the previous year's 0.01. Despite the financial challenges, the company has managed to maintain profitability, reflecting resilience amid operational pressures.

SG Allied Businesses Limited operates in the designated market category of Allied Businesses, navigating a complex economic landscape while striving to optimize financial performance.