Lahore: Ghani Global Glass Limited's financial results for the year ended June 30, 2026, reveal a significant decline in net profit, despite an increase in total assets. According to the company's report dated September 29, 2026, the Board of Directors announced no cash dividend, bonus shares, or right shares for the shareholders. The announcement was made during their meeting held at the registered office in Lahore.
The company reported a net profit of 135.04 million rupees for the year, a notable decrease from the 300.63 million rupees recorded in 2025. This represents a very large or significant move in profitability. The earnings per share also decreased from 1.25 rupees to 0.57 rupees. Despite the dip in profit, Ghani Global Glass Limited's total assets rose to 7.26 billion rupees from 6.21 billion rupees in the previous year, indicating a strengthening asset base.
Total equity increased to 3.85 billion rupees, up from 2.86 billion rupees in 2025. The revaluation surplus on land was a notable addition to the equity, contributing 858.69 million rupees. Conversely, the company’s long-term financing decreased to 244.96 million rupees from 505.33 million rupees, signaling a reduction in long-term liabilities.
The revenue figures showed a decline in net sales to 2.90 billion rupees from 2.93 billion rupees in 2025. The gross profit showed a moderate move, falling to 733.63 million rupees from 755.46 million rupees. Administrative expenses increased to 143.88 million rupees, contributing to the reduced profitability.
According to information available from the Pakistan Stock Exchange (PSX), Ghani Global Glass Limited's financial performance reflected a challenging year, with increased costs and decreased revenue affecting the bottom line. The finance cost marginally rose to 349.22 million rupees from 346.37 million rupees, adding to the overall expenses.
The company's operating profit also saw a decline, registering 559.63 million rupees compared to 642.88 million rupees in the previous year. Other income drastically fell to 11.84 million rupees from 94.85 million rupees, further impacting the profitability.
The Annual General Meeting is scheduled for October 27, 2026, where shareholders will discuss these results. The share transfer books will be closed from October 21 to October 27, 2026, which will determine the eligibility for attendance at the AGM. The company plans to transmit its annual report through PUCARS at least 21 days before this meeting, ensuring shareholders are well-informed of the financial standing and strategic outlook.