Karachi: First Dawood Properties Limited, a public limited company listed on the Pakistan Stock Exchange, held a corporate briefing session for the year ended October 26, 2026. The company, which was incorporated on June 22, 1994, operates in the real estate, trading, services, and allied sectors. Its registered office is located on the 19th floor of Tower B, Saima Trade Towers, I.I. Chundrigar Road, Karachi.
The company revealed its financial performance for the year 2025-26, highlighting a decrease in total income. Total income for the year stood at 38.95 million PKR, a significant decline from the 52.27 million PKR recorded in the previous year, 2024-25. This decrease marks a very large or significant move as per percentage classification. Lease income, return on deposits, and investment income also saw a drop, with figures reported at 38.58 million PKR for 2025-26, compared to 51.74 million PKR in 2024-25.
According to information available from the Pakistan Stock Exchange (PSX), First Dawood Properties Limited has been managing its operations without external financial assistance or bailouts during the last decade, relying solely on internal resources. The company attributes its ability to sustain its business affairs under challenging conditions to this approach.
The real estate sector in Pakistan, which contributes approximately 3.7 trillion PKR to the national GDP, has been facing adverse effects due to market and economic conditions, political instability, and overall law and order issues. Despite these challenges, the sector remains the second-highest yielding asset class after stocks, supported by rental yields and overseas investments.
First Dawood Properties Limited continues to navigate these industry challenges while exploring innovative approaches to enhance its operations and generate fee-based income across its various sectors of involvement. The company's strategic focus on real estate and allied sectors is seen as a pathway to leveraging its position in the market despite the prevailing economic pressures.