AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Ghani Global Glass Ltd. (GGGL) announced a significant increase in profitability during its FY25 analyst briefing, attributing the growth to improved sales, expanded gross margins, and decreased finance costs. The company reported a 108 percent rise in profit, reaching PkR301 million (EPS: PkR1.3) compared to PkR145 million (EPS: PkR0.6) in the same period last year.
GGGL’s revenue increased by 20 percent year-over-year, totaling PkR2.9 billion, up from PkR2.4 billion. The rise in revenue was driven by higher volumetric sales and improved pricing strategies.
The company’s gross margins saw an improvement, climbing to 25.8 percent from 22.5 percent in the previous year. This enhancement was supported by better pricing, effective cost management, and reduced grid tariffs.
Ghani Global Glass Ltd. maintains a prominent position in the market with a 70-75 percent share in Neutral Borosilicate glass tubes, around 25 percent in ampoules, and 15-20 percent in vials.