Faisalabad: Asim Textile Mills Ltd. has released its financial results for the fiscal year ending June 30, 2025, revealing a notable turnaround in its financial performance. The announcement was made following a Board of Directors meeting held on October 7, 2025, at the company’s headquarters in Faisalabad.
According to the financial statements, the company recorded a profit of 19,875,150 Rupees, a significant improvement from a loss of 26,560,318 Rupees in the previous year. The earnings per share rose to 1.31 Rupees from a loss of 1.75 Rupees per share. Despite this positive outcome, the Board of Directors decided not to declare any cash dividends, bonus shares, or right shares for the shareholders.
The total revenue from contracts with customers increased to 2.18 billion Rupees from 1.81 billion Rupees, marking a very large or significant move in revenue growth. The cost of sales was recorded at 2.09 billion Rupees, resulting in a gross profit of 90,258,370 Rupees, compared to a gross loss of 23,276,216 Rupees in the previous year.
Operating expenses for the year totaled 56,693,237 Rupees, up from 43,852,087 Rupees. The increase was primarily due to higher distribution costs and other operating expenses. Despite the rise in operating expenses, the company reported a profit from operations of 33,565,133 Rupees, compared to a loss of 67,128,303 Rupees last year.
According to information available from the Pakistan Stock Exchange (PSX), the company’s financial position showed a total asset increase to 1.26 billion Rupees from 1.09 billion Rupees, reflecting a strong balance sheet position. The equity and liabilities also saw a boost, with non-current liabilities increasing to 82,988,320 Rupees from 45,720,945 Rupees, indicating an expansion in the company’s financial commitments.
The company’s comprehensive income for the year stood at 114,690,907 Rupees, a stark contrast to the comprehensive loss of 25,121,758 Rupees recorded in the prior year. This improvement is attributed, in part, to a surplus on the revaluation of property, plant, and equipment, which contributed positively to the financial outcome.
Despite the recovery, the company maintained a conservative stance regarding shareholder payouts, with no entitlement or price-sensitive information disclosed. The designated market category for Asim Textile Mills Ltd. within the stock exchange remains unchanged.