Lahore: Media Times Limited, a prominent player in the media sector, has disclosed its financial results for the year ended June 30, 2025, reflecting a stable financial position despite enduring challenges. The company’s Board of Directors convened on October 7, 2025, endorsing the financial statements, though no dividends or bonus shares were declared.
The company’s assets as of June 30, 2025, stood at 141.77 million rupees, a noticeable decrease from the previous year’s 236.67 million rupees. This was largely attributed to a reduction in property, plant, and equipment valuations, which fell from 105.75 million rupees to 80.31 million rupees and the absence of right-of-use assets reported this year.
According to information available from the Pakistan Stock Exchange (PSX), Media Times Limited’s equity and liabilities depict a challenging scenario. The accumulated loss widened slightly to 2.92 billion rupees from 2.92 billion rupees in 2024. The share capital remained unchanged at 1.79 billion rupees, with non-current liabilities reducing from 475.05 million rupees to 361.43 million rupees, indicating a strategic reduction in lease liabilities.
The company’s current liabilities, which include trade and other payables, showed a minor move, decreasing from 434.87 million rupees to 392.14 million rupees. Accrued mark-up, however, rose significantly to 434.43 million rupees from 372.47 million rupees, showcasing a notable financial pressure point for the company.
The Board of Directors has scheduled the Annual General Meeting for October 28, 2025, in Lahore. The share transfer books will be closed from October 21 to October 28, 2025, ensuring all transfers received by the close of business on October 20, 2025, will be processed in time.
These financial results, transmitted in accordance with PSX notice No. PSX/N-5036, underscore the company’s continued efforts to stabilize its financial standing amidst sectoral challenges.