PIBTL swings to loss in FY25

MG News | September 15, 2025 at 05:47 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

September 15, 2025 (MLN): Pakistan International Bulk Terminal Limited (PSX: PIBTL) has shared its financial results for the year ended June 30, 2025, revealing a significant reversal in profitability, with the company swinging from a profit to a loss.

The company's net result for the year was a loss of Rs257.93m, a stark contrast to the profit of Rs1.76bn reported in FY24.

This decline was primarily driven by a sharp contraction in revenue from contracts with customers, which dropped by 28.0% to Rs9.97bn, from Rs13.85bn in the previous fiscal year.

This resulted in a gross profit of Rs2.06bn, which was 59.2% lower than the Rs5.05bn recorded in FY24. Despite a 72.7% increase in other income, the growth was not enough to offset the decline.

The company's (loss) before income tax stood at Rs81.41m, a drastic drop from the Rs2.54bn profit reported in the previous year.

Consequently, the company’s earnings per share (EPS) for the year stood at a negative Rs0.14, representing a complete reversal from the positive Rs0.99 reported in the previous year.

STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2025(Rs.000)
Particulars	2025	2024	Change%
Revenue from contracts with customers - net	9,969,183	13,852,284	-28.0%
Cost of services	(7,909,939)	(8,803,832)	-10.2%
Gross profit	2,059,244	5,048,452	-59.2%
Administrative and general expenses	(1,132,507)	(977,374)	15.9%
Other income	447,972	259,417	72.7%
Finance cost	(1,256,971)	(1,965,565)	-36.1%
Exchange (loss) / gain	(74,307)	172,603
Profit before revenue taxes and income taxes	43,431	2,537,533	-98.3%
Revenue taxes	(124,841)	-
(Loss) / profit before income taxes	(81,410)	2,537,533
Taxation	(176,520)	(772,546)	-77.2%
Net (loss) / profit for the year	(257,930)	1,764,987
Earning per share	(0.14)	0.99

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,884.59 165.82M	1.09% 1841.39
ALLSHR	103,297.23 574.85M	1.03% 1052.60
KSE30	50,883.00 85.37M	1.16% 585.22
KMI30	243,139.25 70.59M	1.05% 2522.69
KMIALLSHR	66,979.22 287.59M	0.99% 655.18
BKTi	47,642.11 15.25M	1.66% 776.54
OGTi	35,136.50 9.94M	0.68% 237.09

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,575.00	81,990.00 80,410.00	-755.00 -0.93%
BRENT CRUDE	103.37	105.00 101.92	-1.45 -1.38%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	5.00 4.00%
ROTTERDAM COAL MONTHLY	138.50	0.00 0.00	-0.15 -0.11%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	95.47	0.00 0.00	-0.61 -0.63%
SUGAR #11 WORLD	18.28	18.51 18.21	-0.04 -0.22%