Pakistan : Premier sugar mills loss deepens sharply
Premier Sugar Mills reported a sharply higher FY25 loss of Rs589.94 million despite increased sales of Rs1.98 billion. Rising operating losses and soaring finance costs pushed loss per share to Rs157.32. Consolidated losses stood at Rs4.22 billion. Marginal profitability and escalating expenses continue to pressure the company’s financial health.
Premier Sugar Mills & Distillery Company Limited has reported a significantly wider loss for the financial year ended September 30, 2025, reflecting rising costs and mounting financial pressures despite improved sales performance.
According to financial results approved by the board, the company posted a loss after taxation of Rs589.94 million for FY25, sharply higher than the Rs173.11 million loss recorded in the previous fiscal year.
Meanwhile, net sales rose to Rs1.98 billion during FY25 from Rs1.40 billion a year earlier, while the company managed to post a marginal gross profit of Rs3.63 million.
However, losses from operations increased to Rs265.89 million compared with Rs196.40 million in FY24, while finance costs surged to Rs311.54 million, further straining overall profitability.
As a result, loss per share climbed steeply to Rs157.32 in FY25 from Rs46.16 in the previous year, highlighting continued challenges for shareholders and investors.
On a consolidated basis, the group reported a loss after income tax of Rs4.22 billion for FY25, slightly improved from Rs4.45 billion last year, with combined loss per share narrowing to Rs611.44.
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Source : Daily Times
