Lahore: Rafhan Maize Products Company Limited has released its Condensed Interim Statement of Financial Position for the period ending September 30, 2026, showcasing substantial growth in both revenue and profit. The report was publicized on October 21, 2026, marking a significant period of financial performance for the company.
The financial statement indicates that Rafhan Maize's non-current assets have increased to 12.70 billion rupees from the audited figure of 11.71 billion rupees recorded on December 31, 2025. This rise in non-current assets was primarily driven by an increase in property, plant, and equipment, which now stand at 12.66 billion rupees, up from 11.58 billion rupees.
Current assets have also seen a notable enhancement, reaching 50.15 billion rupees compared to 47.47 billion rupees by the end of the previous year. This increase is significantly attributed to the growth in stock in trade, which elevated to 35.53 billion rupees from 29.17 billion rupees, and a rise in trade debts, now at 5.74 billion rupees from 3.36 billion rupees.
Current liabilities are reported at 28.83 billion rupees, slightly up from 28.09 billion rupees at the end of December 2025. The short-term financing - secured, notably increased to 14.27 billion rupees from 8.32 billion rupees, while trade and other payables decreased to 11.31 billion rupees from 17.64 billion rupees.
The company's revenue for the nine-month period ending September 30, 2026, was reported at 56.70 billion rupees, up from 55.44 billion rupees during the same period in 2025. This represents a very large or significant move with a growth rate of 2.27%. According to information available from the Pakistan Stock Exchange (PSX), the cost of sales also increased moderately to 45.35 billion rupees from 44.84 billion rupees.
Rafhan Maize’s gross profit for the nine-month period stood at 11.35 billion rupees, up from 10.60 billion rupees in the corresponding period of the previous year. The company's profit after taxation for the same period was 5.66 billion rupees, showing a significant increase from 5.09 billion rupees in 2025. This resulted in basic and diluted earnings per share of 612.94 rupees, compared to 551.05 rupees for the previous year.
Overall, Rafhan Maize's strong financial results reflect its robust operational performance and strategic positioning in the market, underscored by key growth in revenue streams and effective cost management.