Lahore: The Board of Directors of Abdullah Shah Ghazi Sugar Mills Limited convened on July 30, 2025, to review the financial performance of the company for the period ending June 30, 2025. The meeting concluded with no declarations of cash dividends, bonus shares, right shares, or other corporate actions as the company continued to navigate financial difficulties.

The company's sales figures for the nine months ending June 30, 2025, were reported at 260.87 million rupees. However, cost of sales exceeded this figure, resulting in a gross loss of 196.34 million rupees. For the three-month period from April to June 2025, sales were recorded at 140.83 million rupees, yet the associated costs led to a gross loss of 42.97 million rupees.

Operating expenses for the same nine-month period were documented at 11.35 million rupees, contributing to an operating loss of 207.69 million rupees. The three-month period saw operating expenses of 3.31 million rupees and an operating loss of 46.28 million rupees. Other income during the nine-month period was reported at 19.30 million rupees, with a significant reduction in the three-month period to no additional income recorded.

The finance cost for the nine months was 100.35 million rupees, which led to a pre-tax loss of 288.74 million rupees. The three-month period reported a finance cost of 32.30 million rupees, resulting in a pre-tax loss of 78.58 million rupees. Taxation provided some relief, with 112.84 million rupees credited for the nine-month period and 21.20 million rupees for the three-month period. This led to an after-tax loss of 175.90 million rupees for the nine months and 57.38 million rupees for the three-month period.

Despite the financial challenges, the company managed to record earnings per share at a loss of 2.22 rupees for the nine-month period and a loss of 0.72 rupees for the three-month period. According to information available from the Pakistan Stock Exchange (PSX), these figures reflect the company's ongoing struggle to achieve profitability amidst rising costs and economic pressures.

The board's decision to abstain from announcing dividends or other shareholder benefits underscores the current financial strain facing Abdullah Shah Ghazi Sugar Mills Limited. The company's financial results have been made available on PUCARS and the company's website for the benefit of the exchange's members.