Karachi: Lucky Core Industries Limited has announced its financial results for the second quarter and half-year ending December 31, 2025. The company's financial performance reflects a decline due to a combination of external and internal factors impacting its operations.
The Board of Directors approved the unaudited financial statements in a meeting on January 26, 2026. An interim cash dividend for the financial year ending June 30, 2026, was declared at 262.5%, equivalent to PKR 5.25 per share, payable to shareholders registered by February 6, 2026.
On a consolidated level, net turnover for the six months amounted to PKR 56.34 billion, representing a very large or significant move of 9% decrease compared to the same period last year. Operating results were recorded at PKR 7.79 billion, also showing a very large or significant move with a 17% reduction. Profit After Tax (PAT) was PKR 4.60 billion, marking a very large or significant move of 28% decline. Earnings per Share (EPS) attributed to the holding company's owners also decreased by 28% to PKR 9.96.
The standalone figures were similarly impacted. PAT and EPS for the six-month period stood at PKR 4.85 billion and PKR 10.50, respectively, both reflecting a very large or significant move with a 23% decrease from the same period last year.
The company's financial outcomes were influenced by macroeconomic improvements, including easing inflation and exchange rate stability, yet challenges persisted. According to information available from the Pakistan Stock Exchange (PSX), factors such as cheaper imports, duty reductions, higher energy costs, and muted market demand continued to exert pressure on the company’s business operations. Lucky Core Industries Limited is addressing these challenges by focusing on portfolio diversification, margin management, and operational efficiencies.
The company's share transfer books will be closed from February 9, 2026, to February 11, 2026. Transfers processed by the close of business on February 6, 2026, will qualify for the interim cash dividend.
Additionally, the company announced a leadership transition. Mr. Samar Hayat has been appointed as Chief Executive-Designate, effective April 1, 2026, following the retirement of Mr. Asif Jooma in May 2026. Mr. Jooma's tenure has been marked by significant achievements, including growth in the Soda Ash business and diversification into new markets and product lines.
Mr. Jooma has led the company to expand its pharmaceutical footprint, ranking it among Pakistan's top 20 pharmaceutical firms. Notably, the company's net turnover grew from approximately PKR 35 billion in December 2012 to PKR 120 billion as of June 2025 under his leadership.
This financial report underscores the challenges faced by Lucky Core Industries Limited amidst broader economic conditions, while also highlighting strategic efforts to navigate these difficulties and ensure sustainable growth.