Pak Elektron half-year profit surges 67%

August 28, 2025 (MLN):  Pak Elektron Limited (PSX: PAEL) shared its financial results for the six months ended June 30, 2025 and posted a profit after tax of Rs2.37 billion, which showed an increase of 67.4% YoY compared to Rs1.41bn recorded in the same period last year.

The company’s earnings per share (EPS) rose to Rs2.66 from Rs1.63, marking a growth of 63.2%.

The company’s revenue from contracts with customers grew 22.3% YoY to Rs48.74bn, compared to Rs39.86bn in 1HFY24. After accounting for sales tax, excise duty and discounts of Rs13.22bn up 35.2% YoY, net revenue stood at Rs35.52bn, higher by 18.1% YoY.

The cost of sales rose 17.6% YoY to Rs25.92bn from Rs22.03bn, which resulted in a gross profit of Rs9.6bn, up 19.3% YoY against Rs8.05bn in 1HFY24.

Other income dropped 23.3% YoY to Rs46.2m, while selling and distribution expenses increased 15.8% YoY to Rs2.36bn. Administrative expenses rose 12.4% YoY to Rs1.34bn, and other expenses were Rs10.6m compared to Rs9.15m previously.

Operating profit for the period reached Rs5.84bn, reflecting a 19.8% increase YoY. Meanwhile, finance cost decreased significantly by 33.7% YoY to Rs1.39bn, compared to Rs2.1bn in the same period last year.

Consequently, profit before statutory levies and income taxes stood at Rs4.45bn, showing a 60.2% YoY improvement. After statutory levies of Rs336m and provision for taxation of Rs1.74bn up 49.1% YoY, the company posted a net profit of Rs2.37bn, compared to Rs1.42bn in 1HFY24.

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