SOYASUP FY26 profit skyrockets 57%

October 01, 2026 (MLN): Agro Processors & Atmospheric Gases Limited (PSX: SOYASUP) registered an impressive 57% surge in its net profit for the fiscal year ended June 30, 2026, reaching Rs875.57m compared to Rs557.16m in the preceding year.

Reflecting this bottom-line momentum, basic and diluted earnings per share (EPS) expanded to Rs2.66, up from a restated Rs1.69 in FY25.

The primary catalyst driving this performance was a robust 26% expansion in gross profit alongside a 56% drop in finance costs.

Net sales for the year surged 10% to Rs19.93bn (up from Rs18.07bn in FY25). Despite cost of sales increasing 8% to Rs16.66bn, strong margin expansion pushed gross profit to Rs3.28bn compared to Rs2.59bn in the prior year.

On the operational front, administrative expenses rose 18% to Rs286.43m, while selling and distribution costs grew 27% to Rs1.45bn as market expansion efforts scaled up. With other operating charges expanding 67% to Rs119.14m, operating profit rose 25% to Rs1.42bn.

Below the operating line, SOYASUP gained substantial debt-servicing relief.

Finance costs plummeted by 56% to Rs199.34m (down from Rs448.55m in FY25). This borrowing cost reduction, combined with core margin strength, successfully cushioned an 86% drop in "other income" (Rs32.42m), propelling profit before taxation up 35% to Rs1.25bn.

The company absorbed a corporate taxation charge of Rs375.91m for the year. Backed by solid top-line demand, gross margin expansion, and a major reduction in financial charges, Agro Processors & Atmospheric Gases Limited securely closed the fiscal year with a net profit of Rs875.57m.

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