Karachi: The Board of Directors of PIA Holding Company Limited (PIAHCL) has postponed the review of its Annual Audited Financial Statements for the year ending December 31, 2024, according to the company's recent announcement. The decision was made during a board meeting held on June 20, 2025.
This development follows a prior communication from the company dated June 13, 2025, which had set the agenda for the review of the financial statements. The deferral of this agenda item means that the financial assessment will not be completed as initially scheduled. The company did not provide a new date for when this review might take place.
The information has been shared with TRE Certificate Holders of the Exchange, ensuring that stakeholders are informed of the latest developments. According to information available from the Pakistan Stock Exchange (PSX), any updates or changes in the financial reporting schedule will be communicated to the relevant parties in due course.
The delay in reviewing the financial statements could have implications for investors and market analysts who rely on these documents for assessing the financial health and performance of PIAHCL. The company operates in the designated market category of transportation and logistics, and any significant financial updates are closely monitored by market participants.