Karachi: Siddiqsons Tin Plate Limited has released its financial results for the first quarter ended September 30, 2025. The Board of Directors, in a meeting held on November 6, 2025, at the company's registered office in Karachi, approved the quarterly financial statements. The meeting concluded with no announcements regarding cash dividends, bonus shares, right shares, or any other entitlements.

The company presented its financial results, with a notable increase in revenue. The total revenue from contracts with customers for the three-month period ended September 30, 2025, stood at 639.40 million rupees, compared to 223.43 million rupees during the same period in the previous year—a very large or significant move of 186.14%.

According to information available from the Pakistan Stock Exchange (PSX), the cost of goods sold was reported at 548.94 million rupees, down from 245.58 million rupees in the previous year. This resulted in a gross profit of 90.46 million rupees, a significant improvement from a loss of 22.15 million rupees for the same quarter last year.

The financial report highlighted a profit before taxation of 18.32 million rupees, a recovery from a loss of 129.07 million rupees in the corresponding period of 2024. After accounting for taxation of 9.59 million rupees, the company posted a profit of 8.73 million rupees for the quarter, a reversal from a loss of 131.94 million rupees in the previous year.

The earnings per share for the quarter were reported at 0.04 rupees, compared to a negative 0.58 rupees in the same quarter last year. The statement of financial position revealed total assets amounting to 4.49 billion rupees, with total equity and liabilities matching this figure. The company’s equity, including share capital and reserves, was recorded at 916.19 million rupees.

The company's cash flow statement showed a net cash used in operating activities of 37.80 million rupees, while investing activities generated 9.54 million rupees in cash. Financing activities resulted in a net cash outflow of 5.22 million rupees, leading to an overall decrease in cash and cash equivalents by 33.48 million rupees for the quarter.

Siddiqsons Tin Plate Limited has announced that the quarterly report will be transmitted through PUCARS and made available on the company's website within the specified timeframe.