Macter International Reports Stable Financial Results Amid Rising Trade Debts

Karachi: Macter International Limited has disclosed its financial performance for the fiscal year ended June 30, 2026, showing steady growth in assets and revenue despite facing increased trade debts. The company's board meeting, held on September 22, 2026, in Karachi, concluded with no announcements of dividends, bonus, or right shares, maintaining a conservative financial approach.

The company's unconsolidated statement of financial position revealed total assets amounting to 7.96 billion rupees, marking a substantial increase from 6.57 billion rupees in the previous fiscal year. Non-current assets saw a boost to 3.29 billion rupees, primarily due to increased property, plant, and equipment values, which rose to 2.96 billion rupees from 2.65 billion rupees the previous year.

Current assets also witnessed a rise, totaling 4.67 billion rupees, up from 3.59 billion rupees. A significant contributor to this increase was the notable rise in trade debts, which surged to 1.21 billion rupees from 401,020 rupees, reflecting a big move in this category. According to information available from the Pakistan Stock Exchange (PSX), these figures highlight the company's expanding market operations and customer engagements.

The company reported a gross profit of 5.66 billion rupees, up from 4.46 billion rupees, indicating a strong market presence. However, selling and distribution expenses increased to 3.35 billion rupees from 2.56 billion rupees, impacting the overall profitability. Administrative expenses also rose to 852.08 million rupees from 645.58 million rupees.

Despite these expenses, Macter International achieved an operating profit of 1.38 billion rupees, up from 1.23 billion rupees in the previous year. The profit before income tax stood at 1.25 billion rupees, while the profit after taxation was 698.25 million rupees, slightly down from 737.53 million rupees, showing a minor move.

The company has scheduled its Annual General Meeting for October 28, 2026, at its Karachi office. Share transfer books will be closed from October 21 to October 28, ensuring timely processing for transferees. Macter International continues to focus on strategic growth while managing its financial obligations diligently within the designated market category.