Year ended Jun 30, 2025: SPL posts Rs2.414bn PBT
SPL achieved a gross profit of PKR 2.204 billion, an 8 percent increase from last year driven by a strong demand for its specialized security paper products, especially banknote paper. The increase in profit before tax is the result of optimized operations and better cost management.
Net profit climbed to PKR 1.524 billion. The Board approved a final cash dividend of PKR 9.0 per share (90%), in addition to an interim dividend of PKR 2.50 per share (25%), bringing the total to PKR 11.50 per share (115%). The Board of Directors have also approved the budget of the Company for the FY-2025-26.
SPL Chairman Aftab Manzoor expressed confidence in the company's continued growth, saying, 'This year's performance reflects the unwavering dedication and vision of our team, as well as our focus on innovation, operational excellence, and long-term value creation. We remain committed to delivering consistent growth and exceeding the expectations of our stakeholders.'
Over the past year, SPL has remained focused on upgrading its manufacturing facilities and optimizing processes through the integration of advanced technologies. As part of its commitment to achieve sustainable growth, the Company is working on projects aimed at generating electricity through renewable energy sources and recycling wastewater.
Copyright Business Recorder, 2025
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Recorder
3 hours ago
- Business Recorder
Pakistan saves billions through UK-backed governance reforms
ISLAMABAD: The UK's Sub-National Governance Programme ran from 2019 to 2025, unlocking over £1.9 billion in public finance through improved planning, budgeting, and revenue mobilisation. Working closely with provincial governments, the programme has helped to achieve savings to reinvest into other public services. For example, it helped the Government of Punjab to develop a comprehensive pensions reform plan. This included the introduction of a new pensions scheme where both the employer and employee pay in, which is expected to save the Government of Punjab PKR 2.7 trillion over the next 30 years. Reforms through the programme have also directly supported people's livelihoods. In Punjab, 35 million people's social and economic data was collected, meaning the government can now better target urgent cash assistance and food subsidies. The programme helped design and rollout social protection initiatives such as Ba-Himmat Buzurg, which offers elderly people with no source of income financial assistance, and the Himmat Card which provides financial support for people with disabilities in Punjab. In KP, it helped overhaul waste management, introducing sustainable door-to-door waste collection which is now being scaled up across the province. British High Commission Development Director, Sam Waldock said, 'This programme shows what is possible when strong partnerships come together to support long-term reform, changing people's lives. We've strengthened institutions, improved service delivery, and helped Pakistan unlock more of its resources to finance its own development. That has led to direct improvements to the day to day lives of millions - from helping people to access essential cash assistance, to creating waste management systems which makes their surroundings cleaner and more hygienic.' The UK's work on governance reform in Pakistan will continue. In collaboration with UN Development Programme, the UK will continue to focus on sustained institutional reform and improved public financial management. Several key initiatives, including further reforms to provincial pension schemes, will be carried forward in the UK's new National Governance Programme. Copyright Business Recorder, 2025
Business Recorder
3 hours ago
- Business Recorder
‘Foundation of Sino-Pak ties based on mutual respect, trust'
LAHORE: Acting Governor of Punjab, Malik Muhammad Ahmad Khan, has said that the foundation of Pakistan-China relations is based on mutual respect, trust, and affection. He stated that Pakistan greatly values China's cooperation in the country's development and progress. 'CPEC is not only the key to Pakistan's development but also the prosperity of the entire region,' he added. He expressed these views during a meeting with the Chinese Consul General, Zhao Shiren, at Governor House. The meeting discussed the promotion of Pakistan-China relations, progress on CPEC projects, and expanding cooperation in new sectors. Both sides also agreed on the exchange of parliamentary delegations. Chinese Consul General Zhao Shiren invited the Acting Governor to attend the National Day celebrations of the People's Republic of China as a special guest. Later, Acting Governor Punjab Malik Muhammad Ahmad Khan inaugurated a milk sabeel (refreshment stall) during the 982nd Urs celebrations of Hazrat Data Ali Hajveri (RA). The milk sabeel will continue for three days to serve visitors free milk. Speaking on the occasion, the Acting Governor said that following the teachings of the Sufi saints is the key to harmony in society. 'The teachings of Hazrat Data Ali Hajveri (RA) are a guiding light for us,' he remarked. The Urs celebrations are being observed with great devotion and respect, and a large number of devotees from across the country are visiting the shrine. Copyright Business Recorder, 2025
Business Recorder
3 hours ago
- Business Recorder
PESCO launches Pension Management System
PESHAWAR: In a major step towards digital transformation and transparency, the Peshawar Electric Supply Company (PESCO) has launched it's first-ever PESCO Pension Management System (PPMS); a comprehensive software solution in-house. The software was developed by Arif Hameed, Assistant Manager ERP under the leadership of Finance Director PESCO, Yasir Naseem, according to a statement here on Wednesday. This landmark development replaces the company's manual pension system, ensuring swift, transparent, and hassle-free processing of pension cases. The PPMS will significantly reduce the processing time for pension applications, eliminating long-standing delays and challenges faced by pensioners under the old system. Recognizing this achievement, Chairman PESCO Board of Directors, Himayatullah Khan, commended Arif Hameed for his outstanding contribution and awarded him a Certificate of Appreciation. Board Member Fazal-e-Khaliq also presented him with an Honorary Shield as a token of recognition for his commendable efforts. With this initiative, PESCO became the first power distribution company to introduce a comprehensive digital pension management system, setting a new benchmark in public service efficiency and digital transformation within the power sector. This software will manage the complete pension process from initial case preparation to final payment and monthly pension disbursements processed through PPMS eliminate the risk of duplicate payments. It will provide one-click access to detailed payment records for transparency and audit readiness and will automatically make calculations and ensure compliance with pension regulations for all case types. Copyright Business Recorder, 2025
