Tri-Pack Films turns to loss in first half

News Image

MG News | August 11, 2025 at 11:09 AM GMT+05:00

0:00

August 11, 2024 (MLN): Tri-Pack Films Limited (PSX: TRIPF) released its financial results for the half-year ended June 30, 2025, posting a loss after tax of Rs468.2 million, compared to a profit of Rs55.84m in the same period last year which shows an 8 times decline.

The company’s loss per share stood at Rs12.07, versus an EPS of Rs1.44 in 1HF24.

Revenue from customers rose by 6% YoY to Rs14.51 billion, from Rs13.70bn last year.

However, the cost of sales increased by 6% to Rs12.59bn, resulting in a gross profit of Rs1.93bn, up 4% YoY.

Distribution costs surged by 27% to Rs551.55m, while administrative expenses rose 10% to Rs391.24m.

Operating profit gained 4% to Rs956.26m and a 123% jump in other income to Rs172.65m.

Finance costs increased by 89% YoY to Rs1.41bn, pushing the company into a loss before tax of Rs287.98m, compared to a profit of Rs92.6m in the prior year.

Statement for profit and loss of the half year ended on June 30, 2025 (Rs in '000')

Description

1HF25

1HF24

change %

Revenue from contracts with customers

14,511,377

13,699,980

5.9%

Cost of sales

(12,585,952)

(11,856,633)

6.2%

Gross profit

1,925,425

1,843,347

4.5%

Distribution costs

(551,554)

(563,647)

-2.1%

Administrative expenses

(391,240)

(356,446)

9.8%

Charge for expected credit loss

(26,370)

(328)

7939.6%

Operating profit

956,261

922,926

3.6%

Other income

172,647

77,272

123.4%

Other expenses

(9,542)

(17,443)

-45.3%

Finance cost - net

(1,407,350)

(746,359)

88.6%

(Loss)/Profit before income tax and levies

(287,984)

236,396

-221.8%

Levies (minimum and final tax)

__

(143,807)

(Loss)/Profit before income tax

(287,984)

92,589

-411.0%

Income tax - net

(180,220)

(36,747)

390.4%

(Loss)/Profit for the period

(468,204)

55,842

-938.4%

Other comprehensive income

Remeasurement of staff retirement benefits

Total comprehensive income for the period

(468,204)

55,842

-938.4%

(Loss)/Earnings per share (Rupees)

-12.07

1.44

-938.2%

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 146,396.30
205.60M
0.70%
1013.50
ALLSHR 90,363.10
401.39M
0.60%
538.49
KSE30 44,897.41
56.56M
0.64%
283.35
KMI30 207,824.44
62.13M
0.42%
865.25
KMIALLSHR 60,239.14
240.40M
0.44%
261.67
BKTi 40,642.80
19.58M
1.72%
685.28
OGTi 30,909.41
13.62M
0.81%
247.73
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 122,205.00 122,955.00
119,100.00
5250.00
4.49%
BRENT CRUDE 66.17 66.47
65.81
-0.42
-0.63%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 63.41 63.70
63.02
-0.47
-0.74%
SUGAR #11 WORLD 16.42 16.48
16.33
0.17
1.05%

Chart of the Day


Latest News
August 11, 2025 at 12:55 PM GMT+05:00

Attock Refinery profit falls sharply in FY25


August 11, 2025 at 12:38 PM GMT+05:00

Pakistan, US in final-stage talks on trade pact


August 11, 2025 at 12:11 PM GMT+05:00

Pakistan, Azerbaijan reaffirm commitment to regional peace


August 11, 2025 at 11:50 AM GMT+05:00

EcoPack rating upgraded to BBB+



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg