Lahore: Abdullah Shah Ghazi Sugar Mills Limited has released its financial results for the period ending December 31, 2025, revealing further financial challenges for the company. The Board of Directors met on January 29, 2026, with no dividends, bonus shares, rights shares, or other corporate actions recommended.

The company’s recent financial statements indicate increasing difficulties. The cost of sales for the first quarter ended December 31, 2025, rose to 56,495,311 rupees from 46,687,643 rupees in the corresponding period of the previous year. This contributed to a gross loss of the same amount, marking a continuation of financial strain. Operating expenses, including administrative and general expenses, reached 3,423,404 rupees, while finance costs stood at 30,189,684 rupees.

Abdullah Shah Ghazi Sugar Mills reported a loss before taxation of 79,929,197 rupees, compared to a loss of 69,781,671 rupees in the previous year. The taxation for the period was 8,501,072 rupees, leading to a loss after taxation of 71,428,125 rupees, an increase from the previous year’s loss of 49,544,985 rupees. The earnings per share, both basic and diluted, registered at negative 0.90 rupees, compared to negative 0.63 rupees for the corresponding period last year.

According to information available from the Pakistan Stock Exchange (PSX), the company’s assets, both non-current and current, showed minor fluctuations. As of December 31, 2025, non-current assets, primarily property, plant, and equipment, were valued at approximately 3.17 billion rupees, a slight decrease from 3.21 billion rupees in September 2025. Current assets increased to 100.61 million rupees from 85.94 million rupees.

The liabilities of the company further highlight its financial challenges. Share capital and reserves displayed an accumulated loss of 2.82 billion rupees, further impacting the company’s financial position. Non-current liabilities were recorded at 1.19 billion rupees, with current liabilities rising to 3.11 billion rupees from 3.04 billion rupees.

This financial report underscores the significant move in the financial condition of Abdullah Shah Ghazi Sugar Mills, emphasizing the pressing need for strategic measures to manage the continuing financial difficulties faced by the company.