Karachi: Dost Steels Limited has reported its financial performance for the quarter ending September 30, 2025, revealing ongoing challenges as the company remains unable to resume production. The financial statements, released on October 31, 2025, show a continued loss attributed to the non-production period, primarily due to a shortage of working capital.

The company reported a loss after taxation of 12.456 million Pakistani Rupees for the quarter, a significant improvement from the 45.872 million Rupees loss recorded in the corresponding period last year. This reduction in losses is reflected in the loss per share, which decreased to 0.03 Rupees from 0.12 Rupees. Despite this improvement, the absence of sales has left the company with a gross loss of 10.944 million Rupees, unchanged from the previous year.

Dost Steels Limited continues to face financial hurdles, with administrative and selling expenses slightly increasing to 3.279 million Rupees from 3.202 million Rupees in the previous year. The company’s financial position shows total property and assets valued at 10.29 billion Rupees, with current assets decreasing slightly to 39.93 million Rupees.

According to information available from the Pakistan Stock Exchange (PSX), Dost Steels Limited has not achieved any sales during the reviewed period. The company’s financial liabilities include a significant markup accrued on secured borrowings amounting to 652.10 million Rupees and short-term borrowings increasing to 307.61 million Rupees from 298.85 million Rupees.

The management remains optimistic about future prospects, expressing hope that the induction of a new investor could lead to a positive turnaround. However, the current inability to restart production operations continues to weigh heavily on the company’s financial health. The directors have attributed the halt in operations to the lack of adequate working capital, an issue they are actively seeking to resolve.