Karachi: Agro Processors and Atmospheric Gases Limited has unveiled its financial results for the fiscal year ending June 30, 2026. The announcement was made following a meeting of the board of directors on September 30, 2026, held at CG House in Karachi, with some members joining via video link.
The board has recommended a final cash dividend of Re. 0.50 per share, representing 25% for the fiscal year 2026. This payout is in addition to the interim dividends of Re. 0.40 per share, or 20%, that were declared and distributed earlier in the year. There were no announcements regarding bonus shares, right shares, or any other corporate actions.
According to the statement of financial position, the company's total assets as of June 30, 2026, stood at approximately 8.37 billion rupees, a decrease from the previous year's total of approximately 8.57 billion rupees. This decline is primarily attributed to a reduction in current assets, which fell to approximately 6.63 billion rupees from approximately 6.89 billion rupees. Non-current assets, however, increased to approximately 1.74 billion rupees from approximately 1.68 billion rupees.
The company's equity and liabilities reflect a total equity of approximately 4.44 billion rupees, an increase from the previous year's approximately 3.70 billion rupees. This rise is largely due to an increase in unappropriated profits. Non-current liabilities rose to approximately 179.74 million rupees from approximately 150.12 million rupees, while current liabilities decreased to approximately 3.75 billion rupees from approximately 4.71 billion rupees.
The company's sales for the year reached approximately 19.93 billion rupees, up from approximately 18.07 billion rupees in the prior year. This increase in sales resulted in a gross profit of approximately 3.28 billion rupees, up from approximately 2.59 billion rupees. Despite higher selling, distribution, and administrative expenses, the company achieved an operating profit of approximately 1.42 billion rupees, compared to approximately 1.13 billion rupees in the previous year.
The finance cost for the year was reduced significantly to approximately 199.34 million rupees from approximately 448.55 million rupees, contributing to a profit before taxation of approximately 1.25 billion rupees, up from approximately 925.66 million rupees in the previous year. After accounting for taxation, the company's net profit for the year was approximately 875.57 million rupees, compared to approximately 557.16 million rupees in the previous year.
Earnings per share saw a notable increase to Rs. 2.66 from Rs. 1.69 in the previous year.
According to information available from the Pakistan Stock Exchange (PSX), there was no mention of any significant price-sensitive information or contingencies and commitments during the reporting period.
Agro Processors and Atmospheric Gases Limited operates within the designated market category of food and beverage processing, and its financial results reflect its performance in this sector over the past fiscal year.