Dewan Mushtaq Textile Mills Limited reported a significant loss of Rs 19.38 million for the half year ended December 31, 2024
Filed as: Financial Results for the Quarter Ended December 31,2024
Summary
Dewan Mushtaq Textile Mills Limited reported a significant loss of Rs 19.38 million for the half year ended December 31, 2024, with no revenue generated and continued operational challenges.
Read the original filingFigures in the filing
| Item | This period | Period before | Change |
|---|---|---|---|
| Net Loss | PKR 19.38 M | PKR 11.98 M | -61.7% |
| Operating Loss | PKR 20.45 M | PKR 19.97 M | -2.4% |
| Net Sales | PKR 0 M | PKR 0 M | — |
| Accumulated Losses | PKR 735.66 M | PKR 718.90 M | -2.3% |
| Loss Per Share | PKR 1.68 | PKR 1.04 | -61.5% |
Amounts are in Pakistani rupees as stated in the filing (M = million, B = billion).
What the filing says
- The company reported a net loss of Rs 19.38 million for the half year ended December 31, 2024, compared to a loss of Rs 11.98 million in the prior period, indicating a worsening financial position.
- Operating loss increased to Rs 20.45 million from Rs 19.97 million in the prior period, reflecting ongoing operational difficulties.
- The company did not generate any net sales during the period, highlighting severe operational challenges.
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
- NoticeBoard Meeting
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.