Islamabad: IPAK Group announced a remarkable turnaround, reporting a 12-fold surge in earnings per share (EPS) to Rs1.72 for the fiscal year 2025, compared to Rs0.14 in the previous year. This impressive growth was driven by improved operational efficiencies and stringent cost management, leading to a net profit of Rs 664 million, a stark contrast to the Rs 571 million loss recorded in the prior year.
The corporation also witnessed a substantial 51% increase in consolidated sales, reaching Rs 34 billion. This surge reflects the positive impact of higher capacity utilization on profitability. The Board of Directors has proposed a cash dividend of Rs 0.60 per share (6%) and a 5% bonus share issuance, demonstrating confidence in the firm’s financial strength.
Profit attributable to IPAK shareholders reached Rs 1,202 million, a significant jump from Rs 91 million in the previous year. A non-cash deferred charge of Rs 458 million impacted the group’s consolidated net profit. Excluding this accounting adjustment, the consolidated profit after tax would have been Rs 1,122 million, with profit attributable to IPAK shareholders at Rs 1,575 million.
The company’s finance costs rose to Rs 2.22 billion due to working capital needs of new subsidiaries, but remained proportional to the increase in sales and production. On a standalone basis, IPAK achieved sales of Rs 15.6 billion and a net profit of Rs 851 million, boosted by its focus on exports.
Consolidated exports quadrupled to Rs 7.89 billion, comprising 23% of total sales. IPAK Group is expanding its global presence across the Middle East, Asia, Africa, the US, and Europe. Foreign exchange earnings exceeded USD 28.16 million, highlighting the group’s contribution to national reserves. All capital expenditures for plant and machinery expansion through the group’s subsidiaries have been completed, strengthening the balance sheet and securing capacity for future expansion.
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