Lahore: Packages Limited announced its financial results for the half year ended June 30, 2025, indicating positive profitability despite no distribution of cash dividends, bonus shares, or right shares. The meeting of the Board of Directors, conducted both at the company’s head office and virtually via Zoom on August 29, 2025, approved the company’s condensed interim financial statements, which revealed a significant profit increase over the comparable period last year.

The company reported an operating profit of 2.24 billion, showcasing a substantial improvement from the previous year’s figure of 1.81 billion for the same period. This was achieved despite a rise in administrative expenses and finance costs. The profit before levy and income tax amounted to 1.61 billion, marking a big move from the previous figure of 988.48 million. After accounting for taxes, the profit for the current period stood at 1.40 billion, a big move compared to the 819.18 million reported in 2024.

According to information available from the Pakistan Stock Exchange (PSX), Packages Limited’s performance was driven by a notable increase in dividend and rental incomes. Dividend income rose significantly, and rental income also displayed a moderate move. The operating revenue for the half-year period saw a big move, reaching 2.69 billion compared to the previous year’s 2.19 billion.

On the balance sheet, the company reported total assets of 72.90 billion as of June 30, 2025, reflecting a big move from 67.14 billion at the end of 2024. This growth was primarily attributed to an increase in non-current assets, notably in property, plant, and equipment, as well as long-term loans to subsidiary companies. Current assets also saw a noticeable increase, largely driven by a significant rise in cash and bank balances.

Despite the positive earnings, the company opted not to declare any cash dividends, bonus shares, or right shares for the period. Shareholder equity experienced a moderate move, decreasing to 51.81 billion from 55.22 billion at the end of the last fiscal year, influenced by a decline in other reserves.

The designated market category for Packages Limited remains unchanged, and the company did not report any other price-sensitive information or corporate actions for the period under review.