QUICE turns around with Rs6.64m H1 profit on 90% sales surge

MG News | February 25, 2026 at 01:07 PM GMT+05:00

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February 25, 2026 (MLN): Quice Food Industries Limited (PSX:QUICE) reported a profit after tax of Rs6.64 million for the half year ended December 31, 2025, compared to a loss of Rs5.43m the same period last year.

Earnings per share (EPS) rose to Rs0.067 from a loss per share of Rs0.055 in H1 FY2025.

The company's net sales surged 90.47% year-on-year to Rs943.38m from Rs495.29m, while the cost of sales increased 94.94% to Rs795.58m from Rs408.12m, resulting in a gross profit of Rs147.81m, up 69.56% from Rs87.17m.

Distribution costs climbed 57.44% to Rs96.97m, and administrative expenses rose 43.18% to Rs34.18m.

Other operating income decreased 38.59% to Rs0.74m, leading to an operating profit of Rs16.65m, a remarkable increase of nearly 9.7 times from Rs1.71m in H1 FY2025.

Finance costs rose sharply 453.45% to Rs62,440, while levies increased to Rs10.69m. Profit before taxation settled at Rs6.64m, reversing the loss of Rs5.43m reported in the previous year.

STATEMENT OF PROFIT OR LOSS FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (Rs.)
Description	2025	2024	Change (%)
SALES	943,383,980	495,287,549	90.47%
Cost of Sales	(795,577,792)	(408,116,385)	94.94%
GROSS PROFIT	147,806,188	87,171,164	69.56%
Distribution Cost	(96,973,038)	(61,593,784)	57.44%
Administrative Expenses	(34,179,267)	(23,872,021)	43.18%
Operating Profit/ (Loss)	16,653,883	1,705,359	876.56%
Other Operating Income	738,890	1,203,284	-38.59%
Finance Cost	(62,440)	(11,282)	453.45%
Profit / (Loss) Before Levies & Tax	17,330,333	2,897,361	498.14%
Levies	(10,691,316)	(8,331,429)
PROFIT/ (LOSS) BEFORE TAXATION	6,639,017	(5,434,068)
PROFIT/ (LOSS) AFTER TAXATION	6,639,017	(5,434,068)
EARNING / (LOSS) PER SHARE	0.067	-0.055

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