Karachi: Ahmad Hassan Textile Mills Limited announced its financial results for the first quarter ending September 30, 2026, showing a detailed account of its assets, equity, and liabilities. According to the report dated October 28, 2026, the company recorded total assets amounting to 4.44 billion rupees, marking a decrease from the 4.60 billion rupees recorded on June 30, 2026.
The non-current assets of the company totaled 2.34 billion rupees, slightly down from 2.35 billion rupees in the previous quarter. Current assets were reported at 2.11 billion rupees, a decline from the 2.25 billion rupees earlier this year. Notable shifts within current assets included a reduction in stores and spares, stock-in-trade, and cash and bank balances.
On the equity and liabilities front, shareholders' equity rose marginally to 2.48 billion rupees from 2.47 billion rupees. The surplus on revaluation of property, plant, and equipment, net of deferred tax, experienced a moderate move, decreasing to 837.53 million rupees from 844.33 million rupees. Unappropriated profit saw an increase to 1.46 billion rupees from 1.44 billion rupees, indicating a minor move in the company's financial reserves.
The company's non-current liabilities experienced a decline, totaling 494.67 million rupees, down from 516.17 million rupees. This decline was primarily due to a decrease in long-term financing and the elimination of lease liabilities. Current liabilities were reported at 1.47 billion rupees, down from 1.62 billion rupees, driven by reductions in trade and other payables and short-term borrowings.
According to information available from the Pakistan Stock Exchange (PSX), Ahmad Hassan Textile Mills Limited's issued, subscribed, and paid-up share capital remained unchanged at 84.72 million rupees. Additionally, the authorized share capital was consistent at 200 million rupees.
The financial statement highlights the company's strategic adjustments in managing resources and liabilities amid fluctuating market conditions, with a focus on maintaining shareholder equity and optimizing asset allocation.