Lahore: Yousaf Weaving Mills Limited has released its financial statement for the year ending June 30, 2026, revealing a challenging fiscal environment marked by increased liabilities and a notable decrease in assets. The report, dated October 7, 2026, provides an in-depth look at the company's financial standing, as it navigates through a period of economic strain.

The company's authorized share capital increased significantly to 1.75 billion rupees from 1.40 billion rupees the previous year. However, despite the uptick in authorized capital, the issued, subscribed, and paid-up share capital only rose to 1.72 billion rupees from 1.36 billion rupees. The financial position was further complicated by an accumulated loss which widened to 2.26 billion rupees from 1.85 billion rupees, indicating a deepening financial deficit.

Liabilities for Yousaf Weaving Mills Limited showed a mixed trend. Non-current liabilities decreased slightly to 99.53 million rupees from 101.17 million rupees, primarily due to the complete repayment of the long-term loan which stood at 13.36 million rupees the previous year. However, lease liabilities and deferred liabilities increased, reaching 52.88 million rupees and 46.64 million rupees, respectively.

According to information available from the Pakistan Stock Exchange (PSX), the current liabilities witnessed a reduction, falling to 1.14 billion rupees from 1.28 billion rupees. The trade and other payables diminished significantly to 424.03 million rupees from 539.96 million rupees, while short-term borrowings climbed moderately to 548.92 million rupees from 517.92 million rupees. The company's accrued markup saw a minor move, decreasing to 128.55 million rupees from 129.56 million rupees.

On the asset front, the company's total assets decreased to 1.49 billion rupees from 1.65 billion rupees, indicating a big move downward. Non-current assets slightly increased to 1.29 billion rupees from 1.26 billion rupees, driven by an uptick in property, plant, and equipment investments, which rose to 1.13 billion rupees from 1.11 billion rupees. However, current assets suffered a very large or significant move, plummeting to 206.24 million rupees from 389.17 million rupees, largely due to a drastic reduction in stock in trade which fell to 52.06 million rupees from 319.08 million rupees.

Yousaf Weaving Mills Limited's financial statement underscores the company's ongoing efforts to balance its capital structure amid a challenging market environment. The textile manufacturer's current financial trajectory suggests a need for strategic adjustments to stabilize its economic position in the coming fiscal year.