Lahore: S.S. Oil Mills Limited reported a remarkable financial turnaround for the fiscal year ending June 30, 2025, as disclosed in its latest financial statements released on October 6, 2025. The company, listed under the Pakistan Stock Exchange’s designated market category, has shown a robust improvement across various financial metrics compared to the previous year.
The company’s total comprehensive income for the year surged to 461.36 million rupees from a loss of 124.79 million rupees in the previous year. This significant move was driven by substantial gains in net profit and revaluation surplus. The net profit after taxation reached 250.63 million rupees, a notable recovery from a loss of 123.00 million rupees the prior year. This upturn was primarily attributed to increased sales and improved cost management.
Sales revenue soared to 7.83 billion rupees from 4.52 billion rupees in the previous year, marking a very large or significant move. According to information available from the Pakistan Stock Exchange (PSX), the gross profit also witnessed a substantial rise to 579.49 million rupees from 232.76 million rupees, demonstrating efficient operational management.
The company’s share capital and reserves increased to 2.17 billion rupees from 1.70 billion rupees, reflecting a healthier balance sheet. Accumulated profits rose to 1.49 billion rupees from 1.21 billion rupees, and the surplus on revaluation of fixed assets, net of deferred tax, also saw a significant increase to 627.15 million rupees from 434.77 million rupees.
Non-current liabilities showed a reduction, with long-term loans decreasing to 34.17 million rupees from 40.97 million rupees. Current liabilities also saw adjustments, with short-term borrowings decreasing to 996.71 million rupees from 1.23 billion rupees, signifying a moderate move.
The company’s assets witnessed an upswing, with property, plant, and equipment valued at 1.11 billion rupees, up from 855.71 million rupees. Cash and bank balances at the end of the year stood at 220.43 million rupees, a significant increase from 51.80 million rupees at the beginning of the year.
This financial performance underscores S.S. Oil Mills Limited’s strategic focus on enhancing profitability and optimizing resource allocation. The company’s management appears committed to sustaining this growth trajectory, as evidenced by their strategic investments and effective cost controls.