The Meeting of the Board of Directors of the Company was held on Monday 27th October 2025 at 12:30 p.m. at its registered office to approve the Un-Audited Financial Statements for the First Quarter ended September 30, 2025 of the Company.

Textile Industry is the backbone of the Country’s economy and its growth trajectory affects overall economic cycle. The sector is major contributor to the GDP of Pakistan and its growth relies upon local and international factors. During the period under review, the Textile sector encountered significant challenges. However, Pakistan’s economy is showing signs of stability with inflation declining, policy rate reducing, stable exchange rate and growing foreign exchange reserves. The overall business environment was challenging and tough due to the continued raising input cost and very high tax rates. Despite these challenges, the Company revenue registered 42% increase as compared to the same period last year. The total sales for the period ended on September 30, 2025 amounted to Rs.1,367,435,291/- as compared to Rs.782,279,818/- last year. The Net Profit After Tax for the First Quarter ended on September 30, 2025 was Rs.10,144,954/- as compared to the Net Loss After Tax of (Rs.97,009,737/-) for the same period last year.

Nevertheless, the Company’s management showed resilience and navigated these headwinds. The tireless efforts of the management to complete the 4 MW solar project contributed towards the better financial results.

By the grace of Almighty Allah, the Company will achieve better financial results for the remaining period of the current financial year to end on June 30, 2026.