KTML records increase in annual profitability
MG News | August 08, 2025 at 09:58 AM GMT+05:00
August 08, 2025 (MLN): Kohinoor Textile Mills Limited's (PSX: KTML) profit after taxation increased to Rs2.75 billion [EPS: Rs10.21] for the year ended June 30, 2025, compared to Rs2.20bn [EPS: Rs8.07] in the same period last year (SPLY).
The company declared a final cash dividend of Rs2 per share
(20%).
As per the statement of profit and loss, the company’s
revenue grew by 2.13% YoY to Rs59.41bn against Rs58.17bn in SPLY.
The cost of sales rose by 1.48% YoY to Rs49.61bn, which led
to a 5.55% YoY improvement in gross profit, reaching Rs9.8bn during the review
period.
Distribution cost increased by 21.67% YoY to Rs2.16bn, while
administrative expenses went up by 13.21% YoY to Rs1.41bn.
Other expenses also saw a rise of 54.54% YoY, settling at
Rs273.08mn.
Overall, total expenses surged by 20.19% YoY to Rs3.85bn.
Consequently, profit from operations declined by 2.15% YoY to Rs5.96bn.
Other income, however, recorded a notable increase of
220.67% YoY to Rs1.46bn, boosting total profit from operations by 13.35% YoY to
Rs7.42bn.
Finance cost dropped by 16.69% YoY to Rs2.8bn, resulting in
a 45.05% YoY jump in profit before levy and taxation to Rs4.62bn.
Levy expenses significantly declined by 99.98% YoY to Rs45,
leading to a 54.40% YoY increase in profit before taxation at Rs4.62bn.
On the tax front, the company paid Rs1.87bn, up 135.99% YoY,
leaving a net profit of Rs2.75bn for the period under review.
|
Statement of Profit and
Loss for the Year Ended June 30, 2025 |
|||
|
Item |
Jun-25 |
Jun-23 |
%Change |
|
Revenue |
59,414,125 |
58,174,952 |
2.13% |
|
Cost of Sales |
(49,611,747) |
(48,887,621) |
1.48% |
|
Gross Profit |
9,802,378 |
9,287,331 |
5.55% |
|
Distribution Cost |
(2,163,155) |
(1,777,917) |
21.67% |
|
Administrative Expenses |
(1,409,835) |
(1,245,316) |
13.21% |
|
Other Expenses |
(273,076) |
(176,697) |
54.54% |
|
Total Expenses |
(3,846,066) |
(3,199,930) |
20.19% |
|
Profit from Operations |
5,956,312 |
6,087,401 |
-2.15% |
|
Other Income |
1,460,106 |
455,326 |
220.67% |
|
Total Profit from
Operations |
7,416,418 |
6,542,727 |
13.35% |
|
Finance Cost |
(2,798,790) |
(3,359,345) |
-16.69% |
|
Profit Before Levy and
Taxation |
4,617,628 |
3,183,382 |
45.05% |
|
Levy |
(45) |
(192,756) |
|
|
Profit Before Taxation |
4,617,583 |
2,990,626 |
54.40% |
|
Taxation |
(1,867,767) |
(791,464) |
135.99% |
|
Profit After Taxation |
2,749,816 |
2,199,162 |
25.04% |
|
Earnings Per Share –
Basic & Diluted |
10.21 |
8.07 |
26.52% |
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