Karachi: At-Tahur Limited, a prominent player in Pakistan's dairy sector, reported a significant uptick in its financial results for the fiscal year ending June 30, 2024. The company, known for its PREMA brand milk products, highlighted robust sales growth and promising future prospects during its corporate briefing session.

In the fiscal year 2023-24, At-Tahur Limited recorded a net profit after tax of Rs. 353.23 million, with earnings per share (EPS) standing at Rs. 1.62. According to information available from the Pakistan Stock Exchange (PSX), the company's net sales reached Rs. 5.85 billion, marking a 19% year-over-year increase. The gross profit for the period was reported at Rs. 2.41 billion. This substantial growth is attributed to the launch of new products, changes in sales mix, and increased demand across all product lines.

At-Tahur Limited's operational success is reflected in its key financial indicators, showing a consistent improvement in the company's administrative and selling expense ratios. The company's board, chaired by Mr. Ijaz Nasir, emphasized their ongoing commitment to expanding market share and enhancing shareholder value through strategic initiatives and rigorous quality control measures.

Looking ahead, At-Tahur Limited is poised for continued growth. The management is focused on further expanding the company's reach and enhancing its product offerings through innovative strategies and sustained research and development efforts.