AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Security Papers Limited (SPL) has announced its financial results for the fiscal year ending June 30, 2025, showcasing significant growth and profitability. The company reported a profit before tax of PKR 2,414 million, highlighting its strong operational strategies and growth trajectory.
SPL’s gross profit reached PKR 2,204 million, marking an 8% increase from the previous year. This rise was primarily fueled by heightened demand for its specialized security paper products, particularly banknote paper. The company’s focus on optimized operations and cost management contributed to the enhanced profit before tax figures.
Net profit for the year climbed to PKR 1,524 million. In response to these results, the Board approved a final cash dividend of PKR 9.0 per share, adding to an interim dividend of PKR 2.50 per share. This brings the total dividend payout to PKR 11.50 per share for the year. Additionally, the Board of Directors has sanctioned the company’s budget for the upcoming fiscal year 2025-26.
SPL Chairman Aftab Manzoor expressed optimism about the company’s trajectory. He emphasized the team’s dedication to innovation and operational excellence, reiterating a commitment to sustainable growth and stakeholder satisfaction.
Throughout the year, SPL has concentrated on upgrading its manufacturing capabilities and integrating advanced technologies. The company is also actively pursuing projects aimed at renewable energy generation and wastewater recycling, earning recognition at the 22nd Annual Environment Excellence Award 2025 for its environmentally responsible initiatives.
In a strategic move earlier this year, SPL contracted Giesecke+Devrient (G+D) to upgrade its paper machine PM-2. This modernization will enable SPL to incorporate advanced security features into a new banknote series anticipated by the State Bank of Pakistan.