Karachi: The Directors of GOC (Pak) Limited have released the company's Annual Report for the fiscal year ending June 30, 2026, highlighting a period of revenue growth and strategic focus on market expansion amidst a recovering national economy. The report, dated September 22, 2026, details the company's financial performance and strategic initiatives aimed at sustaining growth in an evolving business environment.
During the fiscal year 2025-26, Pakistan's economy experienced a real GDP growth of 3.70%, supported by stronger workers' remittances and improved external-sector conditions. Despite these improvements, challenges remain due to global economic conditions and the need for continued structural reforms.
GOC (Pak) Limited reported a revenue increase to Rs. 508.778 million, up from Rs. 472.316 million in the previous year, marking a 7.72% rise. The increase in revenue is attributed to the continued growth in exports of wooden and composite hockey sticks, although sales of cricket balls saw a decline. The company's strategic investments in research and development, alongside efforts to control costs and improve operational efficiency, have been central to maintaining its competitive edge.
According to information available from the Pakistan Stock Exchange (PSX), the company's profit before levy and taxation rose significantly to Rs. 71,474,793 from Rs. 37,600,056, while profit after taxation increased to Rs. 52,474,728 from Rs. 25,831,843. Earnings per share also saw a big move, rising to 7.14 from 3.51, reflecting the company's effective cost-control measures and market positioning.
GOC (Pak) Limited has emphasized strengthening its brand and distribution network to address challenges in the competitive sports goods market. The company plans to increase investments in distribution, brand building, and promotional activities to further solidify its market presence. The focus on reassessing market needs and investing in product innovation aims to enhance product competitiveness and customer relationships.
The Board of Directors and the Audit Committee continue to regularly review the company's risk matrix, addressing potential market challenges while seizing opportunities for growth. The company's proactive risk management strategies have contributed to its stable financial performance.
No adverse material changes have affected the financial position of the company from the end of the financial year up to the date of the Directors' Report. The Directors express satisfaction with the company's progress and reaffirm their commitment to maintaining GOC (Pak) Limited's status as a leading supplier of quality sports goods in both international and domestic markets.