Lahore: Prosperity Weaving Mills Ltd, a key player in the textiles market category, has released its financial statement for the fiscal year ending June 30, 2026, showing a notable growth in both assets and equity. According to the recently published report, the total assets of the company have increased to 8.04 billion rupees, up from 7.10 billion rupees in 2025. This reflects a significant move of 13.15% in asset growth over the year.
The non-current assets, which include property, plant, and equipment, have seen an increase to 3.68 billion rupees from the previous year’s 3.09 billion rupees. On the other hand, the current assets rose to 4.34 billion rupees from 3.96 billion rupees, indicating a robust financial position bolstered by increased trade receivables and other financial assets.
The company's equity also experienced a rise, with the total equity reported at 2.68 billion rupees, compared to 2.41 billion rupees in the previous year. This growth is complemented by an increase in revaluation surplus on land, maintaining its level at 207.89 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), Prosperity Weaving Mills Ltd has also reported an increase in liabilities. The non-current liabilities increased to 1.70 billion rupees from 1.45 billion rupees. Current liabilities also saw a rise, reaching 3.19 billion rupees, compared to 2.91 billion rupees in the previous year. This increase is attributed to higher trade and other payables and short-term borrowings.
As of the date of this report, September 29, 2026, the company maintained its authorized share capital at 400 million rupees, with issued, subscribed, and paid-up capital steady at 184.80 million rupees.
The financial performance of Prosperity Weaving Mills Ltd over the fiscal year indicates a strong position in the textiles market, with significant growth in both assets and liabilities, reflecting the company's dynamic operational capabilities and market presence.