Karachi: In its latest financial disclosure, Pakistan International Container Terminal Limited announced a net loss for the quarter ending on June 30, 2026. The announcement was made following a meeting of the company’s Board of Directors on August 19, 2026, at its registered office in Karachi.

The company reported a loss of Rs. 54,023,000 for the quarter, contrasting with a modest profit of Rs. 1,453,000 in the same period last year. The earnings per ordinary share fell to Rs. (0.49) from Rs. (0.01) a year earlier, reflecting the financial challenges faced by the company during this period.

According to information available from the Pakistan Stock Exchange (PSX), the company's revenue remained static at Rs. 2,500,000 for the quarter, consistent with the previous year's figures. However, the cost of services increased to Rs. 4,983,000, up from Rs. 1,810,000, leading to a gross loss of Rs. 2,483,000 compared to a previous gross profit of Rs. 690,000.

No cash dividends, bonus shares, or rights shares were declared for the quarter, maintaining the company's dividend policy unchanged. The board also confirmed that there were no other entitlements or corporate actions to be noted during this period.

The company's total assets saw a minor increase to Rs. 3,982,090,000 from Rs. 3,892,114,000 as of December 31, 2025. Short-term investments rose significantly to Rs. 2,866,492,000 from Rs. 1,815,328,000, marking a very large move in this category.

Liabilities also saw an increase, with current liabilities rising to Rs. 2,654,650,000 from Rs. 2,585,490,000, largely due to an increase in trade and other payables. Non-current liabilities were introduced with lease liabilities recorded at Rs. 27,121,000.

The financial update comes ahead of the company's half-yearly report, which will be transmitted separately through PUCARS within the specified time. As the company navigates through fiscal challenges, stakeholders remain attentive to its strategic responses in the coming quarters.