Karachi: Macpac Films Limited's Board of Directors announced a leadership change and reported its financial performance for the fiscal year ending June 30, 2026. The company's profit after taxation rose to 130.69 million rupees, compared to 85.28 million rupees in the previous year, reflecting a significant move of 53.20%.

On September 1, 2026, the Board convened to address several corporate matters. Among the key announcements was the resignation of Mr. Fahad Munshi from the Board, citing professional commitments. Ms. Semeen Akhter, a seasoned professional with extensive experience in global business and technology, has been appointed to fill the vacancy. Ms. Akhter's expertise spans energy, infrastructure, FMCG, and industrial sectors, with a focus on Digital Twins, Industrial IoT, Artificial Intelligence, and Digital Transformation.

The company's financial results revealed a revenue increase to 6.73 billion rupees from 5.99 billion rupees in the prior year, marking a very large move of 12.17%. Despite the improved revenue, the cash dividend, bonus shares, and right shares remained nil for the reported period.

According to information available from the Pakistan Stock Exchange (PSX), Macpac Films Limited's total assets increased to 6.29 billion rupees from 5.27 billion rupees, showcasing a notable growth. The equity and liabilities also reflected this upward trend, with total liabilities reaching 3.95 billion rupees, up from 3.02 billion rupees.

The Board expressed appreciation for Mr. Munshi's contributions and extended a warm welcome to Ms. Akhter. The company is currently undertaking necessary legal and regulatory procedures related to this transition. Despite financial growth, attention to corporate governance and leadership continues to be a priority for Macpac Films Limited as it navigates the complexities of the market.