Lahore: Rafhan Maize Products Company Limited has reported its financial results for the quarter ended June 30, 2026, showcasing a period of steady growth and notable financial shifts, as detailed in the company’s un-audited condensed interim statement. The report, dated August 20, 2026, highlights both the achievements and challenges faced by the company over the past six months.
The company’s property, plant, and equipment saw an increase from 11.58 billion to 12.34 billion rupees, underscoring a robust investment in non-current assets. Concurrently, advances against capital expenditure dropped to zero from 84.62 million rupees, reflecting a strategic reallocation of resources. Long-term loans also decreased significantly from 3,046,000 rupees to 1,174,000 rupees, indicating a reduction in this financial commitment.
In terms of current assets, Rafhan Maize Products reported a climb in stock-in-trade from 29.17 billion to 33.31 billion rupees, while trade debts increased from 3.36 billion to 4.93 billion rupees, suggesting enhanced revenue inflow. The company’s short-term investments also grew from 8.40 billion to 9.40 billion rupees. However, cash and bank balances experienced a significant decline, from 4.14 billion to 1.64 billion rupees.
On the liabilities side, the company observed an increase in short-term financing from 8.32 billion to 12.06 billion rupees, whereas trade and other payables decreased from 17.64 billion to 15.74 billion rupees. Notably, the provision for taxation saw a reduction from 1.04 billion to 731.58 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), Rafhan Maize Products recorded a revenue of 38.19 billion rupees for the six months ending June 30, 2026, up from 36.53 billion rupees in the same period the previous year, marking a minor move of 4.53%. The company’s gross profit also saw an increase, reaching 7.89 billion rupees from 7.67 billion rupees in the prior year.
The profit after taxation was reported at 4.11 billion rupees, compared to 3.87 billion rupees in the same period last year. This represents a moderate move of 6.42%. Earnings per share rose from 418.57 rupees to 445.43 rupees, indicating a positive trajectory in shareholder returns.
In summary, Rafhan Maize Products Company Limited has demonstrated resilience and growth amid shifting financial dynamics. The company’s strategic adjustments in asset management and liability reduction have paved the way for continued success in the complex market landscape.