Karachi: TRG Pakistan Limited, in its Chairman's Review Report for the financial year ended June 30, 2025, indicated a period of stability and strategic advancements despite a challenging economic landscape. On October 3, 2025, the company reported overcoming past challenges and setting a course for sustainable growth.
The Resource Group International Limited (TRGI), an associate of TRG Pakistan Limited, engaged in two significant transactions. TRGI's transaction with IBEX Limited, listed on NASDAQ, involved a partial share repurchase, resulting in a notable monetization for TRGI amidst sector pressures. This move allowed TRGI to maintain a substantial shareholding in IBEX. Concurrently, Afiniti, another portfolio company, successfully completed a debt restructuring and recapitalization exercise, leading to a reduction in senior debt. This process, led by Vista Credit Partners, positioned Afiniti favorably in the global customer experience and artificial intelligence sector.
According to information available from the Pakistan Stock Exchange (PSX), TRG Pakistan Limited's affiliate TRGI sold 3,562,341 shares in IBEX through a market-priced repurchase transaction by IBEX. TRGI retains a 13% stake in IBEX, maintaining a strategic position. TRGI's financial restructuring with its Artificial Intelligence Enterprise Software business led to a new focus on developing products relevant to the evolving customer experience industry.
TRG Pakistan Limited reported an increase in its share value in TRGI, reaching Rupees 46.7 billion as of June 30, 2025, up from Rupees 40.5 billion a year earlier. This growth is attributed to a net profit earned by TRGI, primarily due to the mark-to-market gain on IBEX shares. The company's net profit for the year was Rupees 3.9 billion, driven by a Rupees 5.3 billion share of net profit from TRGI, interest income of Rupees 1.9 million, and expenses amounting to Rupees 546.9 million.
The financial review reflected TRG Pakistan Limited's commitment to corporate governance, with the Board of Directors actively engaging in strategic planning to enhance the company's vision. The directors reported that the financial statements fairly present the company's operations, and the internal control system is sound and effectively implemented.
The company's directors, CEO, CFO, and related parties did not trade in company shares except as disclosed in the shareholding pattern. TRG Pakistan Limited's recognized provident fund investments were valued at Rupees 22.11 million as of June 30, 2025, up from Rupees 14.30 million the previous year.
TRG Pakistan Limited continues to focus on long-term strategy and risk management, safeguarding stakeholder interests while exploring future opportunities. The Board expressed gratitude to shareholders, management, and employees, emphasizing a commitment to corporate governance, accountability, and a sustainable future.