Lahore: ICC Industries Limited announced a significant financial loss for the fiscal year ending June 30, 2025, in a meeting conducted by its Board of Directors on October 6, 2025. The company’s financial performance revealed a substantial downturn compared to the previous year, leading to the recommendation of a nil dividend for shareholders. The Annual General Meeting is scheduled for October 28, 2025, at the company’s registered office in Lahore.
The company’s revenue for the year stood at 50.15 million rupees, a decline from the previous year’s 52.97 million rupees. Direct costs remained nearly constant, recorded at 20.09 million rupees. Despite generating a gross profit of 30.06 million rupees, the company faced substantial administrative and other expenses totaling 40.14 million rupees, which contributed to an operating loss of 10.08 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), ICC Industries Limited also reported a finance cost of 136,876 rupees, slightly lower than the previous year’s 139,646 rupees. The changes in fair value of investment properties provided some relief, with a gain of 4.26 million rupees, yet the loss before taxation was reported at 5.96 million rupees. Subsequently, the company faced a taxation expense of 10.58 million rupees, resulting in a loss after taxation of 16.54 million rupees, a significant move from the previous year’s loss of 11.65 million rupees.
Additionally, the total comprehensive loss for the year amounted to 16.13 million rupees, compared to the 7.46 million rupees in the previous year. The company’s loss per share was recorded at 0.55 rupees, compared to 0.39 rupees last year. In terms of equity and liabilities, the company’s total equity decreased to 895.75 million rupees, down from 908.88 million rupees. Total liabilities increased to 334.00 million rupees, from 324.63 million rupees in the previous year, with current liabilities making up a significant portion.
The share transfer books will remain closed from October 22, 2025, to October 28, 2025, inclusive of both dates. Transfers submitted by the close of business on October 21, 2025, will be considered in time for processing. The company plans to disseminate its annual report through PUCARS at least 21 days before the AGM.
The results reflect the financial challenges faced by ICC Industries Limited over the year, as the company navigates a complex economic landscape. The figures highlight the need for strategic adjustments as the company prepares for the upcoming fiscal year.