Karachi: Premium Textile Mills Limited has taken steps to ensure compliance with the Pakistan Stock Exchange’s (PSX) regulatory requirements by resubmitting its Shariah disclosures for the half-year accounts ending December 31, 2025. This move comes after the initial inclusion of the disclosures in the company’s half-yearly financial statements, as noted in a PSX notice dated April 17, 2026.
The resubmission, dated May 6, 2026, is aimed at conforming with Clause VII of Part 1 of Schedule IV of the Companies Act, 2017, and Clause 5.6.9A of PSX regulations. This action underscores the company’s commitment to transparency and adherence to regulatory standards, particularly in the context of Shariah-compliant financial practices.
According to information available from the Pakistan Stock Exchange (PSX), Premium Textile Mills disclosed significant financial details. The company’s financing obtained through Islamic modes stood at 3.55 billion rupees as of December 31, 2025, compared to 4.35 billion rupees on June 30, 2025. Furthermore, the revenue earned from Shariah-compliant business segments amounted to 11.35 billion rupees for the same period, reflecting a very large or significant move from the previous year’s figure of 15.56 billion rupees.
On the asset side, the company’s long-term and short-term Shariah-compliant investments and bank deposits were detailed, alongside realized and unrealized exchange gains. Notably, the realized exchange gain on export receivables was 44.01 million rupees, while the gain on disposal of operating fixed assets was recorded at 8.58 million rupees.
The company also disclosed financial figures from non-Shariah-compliant transactions, including the amortization of a deferred government grant amounting to 93.44 million rupees and profit on term deposit receipts totaling 897,296 rupees.
These disclosures will be disseminated to the TRE Certificate Holders of the Exchange, ensuring that all stakeholders are informed of the company’s financial positioning and compliance with regulatory requirements. The attention to Shariah compliance reflects the broader trends within Pakistan’s market category, emphasizing the increasing importance of Islamic finance in the region.