Globe Textile Mills Limited reported a net loss of Rs 4.02 million for the year ended June 30, 2025, with no revenue generated

Filed as: Financial Results for the Year Ended 30th June, 2025

GLOTGLOTGLOTFinancial resultFiled Pakistan time

Summary

Globe Textile Mills Limited reported a net loss of Rs 4.02 million for the year ended June 30, 2025, with no revenue generated. The company's financial position remains weak with declining equity and persistent losses.

Read the original filing

Figures in the filing

ItemThis periodPeriod beforeChange
Net LossPKR 4.02 millionPKR 4.48 million-10.0%
Total EquityPKR 32.28 millionPKR 36.31 million-11.1%
Cash and Bank BalancePKR 0.042 millionPKR 0.039 million+7.7%
Loss per SharePKR 0.25PKR 0.27-7.4%

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 4.02 million for the year ended June 30, 2025, compared to a net loss of Rs 4.48 million in the prior year.
  • Total equity decreased to Rs 32.28 million as of June 30, 2025, from Rs 36.31 million in the previous year, indicating a decline of 11.09%.
  • Cash and bank balance slightly increased to Rs 0.042 million from Rs 0.039 million, reflecting minimal cash generation.

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Source: GLOT'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.