Descon Oxychem profit jumps 70%

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.

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