Lahore: Ghani Glass Limited has announced its financial results for the half year ending December 31, 2024, following a Board of Directors meeting held on February 25, 2025. The board, convening at the company's Lahore headquarters, disclosed that no cash dividends, bonus shares, or other entitlements would be distributed for the period.
The company's financial documentation, including the Condensed Interim Statement of Financial Position, Statement of Changes in Equity, and Statement of Cash Flows, has been released. According to information available from the Pakistan Stock Exchange (PSX), Ghani Glass Limited reported a comprehensive income of 2.74 billion during the period, which includes a profit of 2.74 billion and other comprehensive income amounting to 1.90 million.
The financial statements revealed that the company's capital reserves remained steady, with share capital, merger reserve, and share premium maintaining their previous levels. The balance as of December 31, 2024, stands at 35.69 billion, reflecting a growth compared to 30.46 billion as of December 31, 2023. This change is attributed to the net profit and the final cash dividend of 999.71 million paid for the year ended June 30, 2024.
Ghani Glass Limited's half-yearly report, detailing these financial results, will be transmitted through the Pakistan Unified Corporate Action Reporting System (PUCARS) within the specified time frame. The designated market category for the company remains unchanged.