Allawasaya Textile and Finishing Mills Announces Corporate Briefing Session for 2025

Multan: Allawasaya Textile and Finishing Mills Ltd has announced its upcoming Corporate Briefing Session (CBS) for the year 2025, scheduled to take place on November 25. This session is part of the mandatory briefing sessions required by the Pakistan Stock Exchange (PSX) for listed companies. The session aims to provide shareholders, investors, and analysts with a detailed overview of the company's financial results for the fiscal year ending June 30, 2025, alongside insights into future prospects. The session will be held at Allawasaya Square, Vehari Road, Multan, and will also be accessible via a Zoom link for remote participants.

The company disclosed that it underwent a revaluation of its fixed assets during the fiscal year, as of June 30, 2025. This revaluation was conducted by M/s Harvester Services (Pvt) Limited, with the effects duly reflected in the Balance Sheet and Profit Loss account. According to information available from the Pakistan Stock Exchange (PSX), Allawasaya Textile has improved its current ratio to 1.00 to 1.00, including assets held for sale. This improvement is a positive indicator regarding the company's operational health.

The key financial data presents a picture of the company's position at the close of the fiscal year. As of June 30, 2025, the total equity stood at 1.29 billion, while total liabilities were recorded at 2.11 billion. The company's total assets amounted to 3.59 billion. Revenue from contracts netted 4.35 billion, marking a significant move with a decrease from the previous year's 6.11 billion. The company reported a loss before taxation of 42.05 million for the year, compared to a loss of 133.33 million in 2024. After taxation, the loss stood at 69.33 million.

In terms of capacity and production, the number of spindles installed was 45,528, with actual production of yarn at 20's count reaching 12.61 million kgs. The briefing session will provide further details on these figures and discuss the company's strategies for the coming year. Participants are encouraged to confirm their attendance through email to facilitate proper arrangements and are reminded to bring their original identification documents for verification purposes.