DMTM shows signs of improvement with reduced losses, but ongoing challenges remain evident in its financial metrics
Filed as: Financial Results for the Year Ended June 30,2024
Summary
DMTM shows signs of improvement with reduced losses, but ongoing challenges remain evident in its financial metrics.
Read the original filingFigures in the filing
| Item | This period | Period before | Change |
|---|---|---|---|
| Cost of Sales | -31281972 | -47612017 | -34.3% |
| Gross (Loss) | -31281972 | -43745357 | -28.5% |
| Operating (loss) | -47164696 | -58386458 | -19.2% |
| Loss after taxation | -27691564 | -35810379 | -22.7% |
| Total Assets | 822526643 | 858990043 | -4.2% |
| Net cash inflow from operating activities | 1899859 | 71532 | +2556.0% |
Amounts are in Pakistani rupees as stated in the filing (M = million, B = billion).
What the filing says
- The operating loss decreased to Rs 47,164,696 from Rs 58,386,458, indicating improved operational performance.
- Loss after taxation improved to Rs 27,691,564 from Rs 35,810,379, reflecting a positive trend.
- Net cash inflow from operating activities rose significantly to Rs 1,899,859 from Rs 71,532, showcasing better cash management.
More DMTM announcements
- NoticeApproval of Extension in Time for Holding the Annual General Meeting
- NoticeTransmission of Quarterly Report for the Period Ended March 31,2025
- Financial resultDewan Mushtaq Textile Mills Limited reported a net loss of Rs 26.36 million for the nine months ended March 31, 2025Filed as: Financial Results for the Quarter Ended March 31,2025
- NoticeTransmission of Quarterly Report for the Period Ended December 31,2024
- NoticeBoard Meeting
- Financial resultDewan Mushtaq Textile Mills Limited reported a significant loss of Rs 19.38 million for the half year ended December 31, 2024Filed as: Financial Results for the Quarter Ended December 31,2024
Source: DMTM's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.