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Al-Abbas Sugar Mills Limited announces 2QFY26 financial results

Al-Abbas Sugar Mills Limited has announced its financial results for the quarter ended December 31, 2025 (2QFY26), reporting a profit after tax of Rs195.7 million, reflecting an improvement over Rs164.4 million recorded in the same quarter last year, according to a filing with the Pakistan Stock Exchange.

Earnings per share for the quarter increased to Rs11.27, up from Rs9.47 in 2QFY25, supported by improved operating efficiency and higher other income, despite a decline in net sales.

Net turnover for the quarter stood at Rs2.71 billion, compared to Rs4.77 billion in the corresponding period last year. However, better cost management helped lift gross profit to Rs576.0 million, up from Rs424.2 million last year.

Operating profit declined slightly to Rs186.7 million, while finance costs fell sharply to Rs55.4 million from Rs83.5 million, providing support to the bottom line. Other income increased to Rs182.4 million, compared to Rs124.4 million last year.

After accounting for levy and taxation, the company posted higher quarterly profitability. The Board of Directors, in its meeting held on January 28, 2026, did not declare any cash dividend, bonus shares, or right issue.

The results highlight Al-Abbas Sugar Mills’ ability to sustain profitability amid lower sales volumes, supported by improved margins, reduced finance costs, and stronger ancillary income during the quarter.

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