Karachi: Pakistan International Bulk Terminal Limited (PIBTL) has issued a clarification regarding its Shariah disclosures, referencing a query received through email on May 22, 2026. This clarification aligns with the requirements set forth in PSX Regulation 5.6.9A, as informed by notices issued by the Pakistan Stock Exchange (PSX) on December 24, 2025, and April 17, 2026.
According to the report dated June 4, 2026, PIBTL has provided comprehensive information to address the inquiry, ensuring adherence to the regulatory framework established by the PSX. The company has reaffirmed its commitment to complying with all applicable PSX regulatory requirements.
The financial statements for the half year ending December 31, 2025, compared to the corresponding period in 2024, reveal significant insights. Revenue from contracts with customers stood at 8.19 billion rupees, in contrast to 5.59 billion rupees for the previous year. Administrative and general expenses were recorded at 305.89 million rupees, compared to 227.32 million rupees in the prior period. Additional charges, namely the PGA late payment surcharge, amounted to 75.45 million rupees, while other income totaled 8.38 million rupees.
Income from financial assets for the half year ending December 2025 was 433.82 million rupees, compared to 834.84 million rupees in the previous period. There was a noted exchange gain of 23.52 million rupees, a reversal from the loss of 7.31 million rupees recorded in the previous period.
According to information available from the Pakistan Stock Exchange (PSX), PIBTL’s financial position as of December 31, 2025, indicates cash at bank assets totaling 997.20 million rupees, compared to 463.38 million rupees as of June 30, 2025. Long-term financing-secured liabilities were recorded at 5.18 billion rupees, down from 6.89 billion rupees in the prior period. Accrued interest or markup liabilities amounted to 58.77 million rupees, compared to 395.89 million rupees as of June 30, 2025.
The information provided reflects a comprehensive overview of the financial and regulatory adherence status of PIBTL, which continues to navigate the regulatory landscape while ensuring compliance with guidelines set forth by the Pakistan Stock Exchange.