Saritow Spinning Mills Limited reported a significant net loss of Rs 69.33 million for the year ended June 30, 2026
Filed as: Financial Results for the Year Ended 30-06-2026
Summary
Saritow Spinning Mills Limited reported a significant net loss of Rs 69.33 million for the year ended June 30, 2026, compared to a net loss of Rs 598.20 million in the prior year. Despite a reduction in losses, the company continues to face severe financial challenges.
Read the original filingFigures in the filing
| Item | This period | Period before | Change |
|---|---|---|---|
| Net Loss | PKR 69.33 million | PKR 598.20 million | -88.4% |
| Total Comprehensive Loss | PKR 5.87 million | PKR 41.75 million | -85.9% |
| Cash and Cash Equivalents | PKR 33.36 million | PKR 5.94 million | +461.6% |
| Operating Loss | PKR 3.63 million | PKR 24.90 million | -85.4% |
| Total Equity | PKR 107.07 million | PKR 112.94 million | -5.2% |
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 69.33 million, a significant reduction from the previous year's net loss of Rs 598.20 million.
- Total comprehensive loss for the year was Rs 5.87 million, indicating some improvement from the prior year's loss of Rs 41.75 million.
- Cash and cash equivalents increased to Rs 33.36 million from Rs 5.94 million, reflecting improved liquidity.
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Source: Saritow Spinning Mills Limited'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.