Karachi: Crestwell Healthcare Limited has reported its financial position as of June 30, 2026, revealing a significant change in the company's assets and equity over the past year. The report, released on October 1, 2026, highlights a notable contraction in both non-current and current assets, alongside shifts in equity and liabilities.
The company's total assets have decreased to PKR 13.10 million from PKR 18.39 million in the previous year, marking a very large or significant move. This reduction is primarily attributed to a decline in current assets, which dropped from PKR 7.17 million to PKR 2.28 million, influenced by a reduction in other receivables and a minor increase in sales tax refundable.
According to information available from the Pakistan Stock Exchange (PSX), the authorized capital saw a substantial increase, rising from PKR 200.00 million to PKR 800.00 million. Despite this increase in authorized capital, the issued, subscribed, and paid-up capital remained unchanged at PKR 178.33 million.
The total equity of Crestwell Healthcare Limited rose to PKR 4.49 million from PKR 0.67 million, indicating a very large or significant move. This growth in equity is partly due to a decrease in accumulated losses, which improved from PKR 266.78 million to PKR 264.33 million, reflecting a reduction in financial strain.
Liabilities also experienced adjustments, with current liabilities decreasing from PKR 15.81 million to PKR 7.92 million, driven by a reduction in trade and other payables. Non-current liabilities remained non-existent, consistent with the previous year's figures.
In summary, Crestwell Healthcare Limited's financial report for the fiscal year ending June 30, 2026, reveals significant asset reduction and equity fluctuations, with marked changes in current assets and liabilities affecting the overall financial landscape of the company.