Descon Oxychem profit jumps 70%

MG News | September 04, 2025 at 10:21 AM GMT+05:00
September 04, 2025 (MLN): Descon Oxychem Limited (PSX: DOL) released its financial results for the year ended June 30, 2025, posting a net profit of Rs860.16 million, up 69.7% from Rs507.01m reported in FY24. Earnings per share (EPS) also increased to Rs4.91 from Rs2.90 last year.
The company’s sales rose 4.5% to Rs5.99bn compared to Rs5.74bn in FY24. Cost of sales, however, declined 7.9% to Rs4.22bn, resulting in a gross profit of Rs1.78bn, up 54.1% YoY.
Cash dividend was given at Rs2 per share.
Administrative expenses climbed 29.4% to Rs250m,
while distribution and selling costs edged up 2% to Rs194m. Despite this,
operating profit rose sharply by 73.2% to Rs1.33bn from Rs770m.
Other operating expenses increased 87.2% to Rs121m,
but finance cost fell 58% to Rs10m. Other income, however, declined by 38.6%
to Rs106m.
Profit before levy and taxation stood at Rs1.31bn, a 53.2%
increase from last year. After levy of Rs15m, the company reported a profit
before taxation of Rs1.29bn, up 56.8% YoY.
Following deferred tax adjustments, Descon closed the year
with net earnings of Rs860m, attributable entirely to equity holders of
the parent company.
CONSOLIDATED
STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2025 (Rs.000) |
|||
Description |
FY25 |
FY24 |
change% |
Sales |
5,998,848 |
5,738,033 |
4.5% |
Cost of
sales |
(4,220,100) |
(4,583,920) |
-7.9% |
Gross
Profit |
1,778,748 |
1,154,113 |
54.1% |
Administrative
expenses |
(250,287) |
(193,433) |
29.4% |
Distribution
and selling costs |
(194,457) |
(190,576) |
2.0% |
Operating
Profit |
1,334,004 |
770,104 |
73.2% |
Other
operating expenses |
(120,968) |
(64,624) |
87.2% |
Finance
cost |
(10,031) |
(23,837) |
-57.9% |
Other
income |
105,991 |
172,613 |
-38.6% |
Profit
before Levy and Taxation |
1,308,996 |
854,256 |
53.2% |
Levy /
final taxation |
(15,599) |
(29,280) |
-46.7% |
Profit
before Taxation |
1,293,397 |
824,976 |
56.8% |
-
Income tax |
(505,655) |
(305,991) |
65.3% |
-
Deferred tax |
72,420 |
(11,971) |
|
Net
Profit for the Year |
860,162 |
507,014 |
69.7% |
Profit
attributable to: |
|||
Equity
holders of the Parent Company |
860,162 |
507,014 |
69.7% |
Non
controlling interest |
- |
- |
|
Earnings
per Share - Basic and Diluted |
4.91 |
2.9 |
69.3% |
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 154,277.19 471.37M | 1.06% 1611.47 |
ALLSHR | 94,348.18 1,076.75M | 0.89% 835.46 |
KSE30 | 47,063.22 194.28M | 1.21% 563.54 |
KMI30 | 223,849.80 250.88M | 1.57% 3467.85 |
KMIALLSHR | 63,265.69 539.59M | 0.90% 566.38 |
BKTi | 42,116.21 179.13M | 1.12% 468.14 |
OGTi | 31,247.50 31.17M | 1.21% 373.42 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 111,020.00 | 113,810.00 110,540.00 | 775.00 0.70% |
BRENT CRUDE | 65.17 | 67.05 65.07 | -1.82 -2.72% |
RICHARDS BAY COAL MONTHLY | 87.75 | 0.00 0.00 | -0.75 -0.85% |
ROTTERDAM COAL MONTHLY | 94.80 | 95.40 94.80 | -0.70 -0.73% |
USD RBD PALM OLEIN | 1,106.50 | 1,106.50 1,106.50 | 0.00 0.00% |
CRUDE OIL - WTI | 61.53 | 63.49 61.45 | -1.95 -3.07% |
SUGAR #11 WORLD | 15.60 | 15.74 15.51 | -0.09 -0.57% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|