Karachi: Century Paper & Board Mills Ltd has reported an 83% reduction in its net loss for the fiscal year 2026, with the loss narrowing to Rs 58 million. This improvement comes amid a 3.8% increase in revenue, driven by an 8.5% rise in sales volumes, although the company faced challenges from decreased average selling prices due to import competition in the first half of the year. The financial results were disclosed in the company’s corporate briefing report issued on November 10, 2026.

The company's gross profit, however, saw a decrease of 4%, dropping to Rs 2.553 billion from Rs 2.664 billion in the previous fiscal year. This decline was attributed to a reduction in gross margin to 6.6%, down from 7.1% in FY 2025, caused by lower prices and a 4.2% increase in the cost of sales. Despite these setbacks, the finance cost was reduced by 26% due to lower interest rates, and there was a one-off gain of Rs 344 million from the Sindh Infrastructure Cess liability.

According to information available from the Pakistan Stock Exchange (PSX), the company’s debt to capital ratio increased to 48% from 45% as of June 2025. This change was due to a rise in total borrowings to Rs 12.5 billion from Rs 10.9 billion, necessitated by higher working capital requirements. The gearing ratio moved to 0.48:1, up from 0.45:1.

For the fiscal year 2025-26, Century Paper & Board Mills Ltd reported a sales volume of 185 thousand metric tonnes and a gross revenue of Rs 45 billion. The profit before tax was recorded at Rs 514 million. The company’s market value per share stood at 29.8 rupees, while its equity was valued at Rs 13 billion, with total assets amounting to Rs 33 billion and total liabilities at Rs 20 billion. The market capitalization of the company was reported at Rs 12 billion, and the current ratio was maintained at 1.40 times.