Karachi: Haleon Pakistan Limited has released its financial results for the quarter and nine months ending on September 30, 2026, revealing a complex financial landscape marked by both growth in assets and a decline in revenue. According to the report dated October 29, 2026, the company witnessed substantial changes in its financial position over the period.
Haleon Pakistan Limited's total assets as of September 30, 2026, stood at 30.82 billion rupees, up from 27.16 billion rupees as of December 31, 2025. This increase is attributed primarily to a rise in non-current assets, which climbed to 10.12 billion rupees from 9.30 billion rupees, and current assets which increased to 20.70 billion rupees from 17.86 billion rupees. Notably, stock-in-trade surged significantly to 11.91 billion rupees from 7.70 billion rupees, indicating a robust growth in inventory levels.
On the equity front, total equity rose to 16.60 billion rupees from 14.80 billion rupees at the end of the previous financial year. This increase was driven by a rise in revenue reserves, which reached 14.60 billion rupees, up from 12.80 billion rupees. Meanwhile, liabilities also saw an increase, with total liabilities climbing to 14.22 billion rupees from 12.36 billion rupees, largely due to a rise in trade and other payables.
Despite the growth in assets, the company reported a decline in revenue. For the nine months ended September 30, 2026, revenue from contracts with customers was 29.66 billion rupees, down from 32.19 billion rupees in the same period the previous year. This represents a very large or significant move of -7.85%. The quarter saw a similar trend, with revenue falling to 9.99 billion rupees from 10.56 billion rupees, a moderate move of -5.37%.
According to information available from the Pakistan Stock Exchange (PSX), the company's profit margins remained relatively stable. The gross profit for the nine months was 12.40 billion rupees, slightly up from 12.36 billion rupees the previous year. The profit after tax for the nine-month period stood at 4.73 billion rupees, up from 4.59 billion rupees, reflecting a moderate move of 3.11%. However, the quarterly profit after tax showed a decline, standing at 1.53 billion rupees compared to 1.62 billion rupees in the same quarter of 2025, indicating a minor move of -5.42%.
The earnings per share for the nine months increased to 40.40 rupees from 39.18 rupees, while the quarterly earnings per share decreased to 13.05 rupees from 13.80 rupees during the same period last year.
In conclusion, Haleon Pakistan Limited's financial results for the period ending September 30, 2026, reflect a nuanced financial situation characterized by asset growth and revenue challenges. The company's future performance will likely depend on how it navigates these dynamics.