Cyan Limited profit soars 147% in 9M 2025

29-Oct-2025


MettisGlobal


October 29, 2025 (MLN): Cyan Limited (PSX: CAYAN), a prominent investment company in Pakistan, reported a profit after tax of Rs507.6m for the nine months ended September 30, 2025, showing a remarkable surge of 146.57% compared to Rs205.9m in the same period last year.

Earnings per share (EPS) jumped 147.01% to Rs8.25, up from Rs3.34 in the corresponding period of 2024.

The company's total income declined 78.74% year-on-year to Rs49.6m, compared to Rs233.2m last year, primarily due to a loss on sale of investments.

Return on investments remained relatively stable, rising marginally by 0.82% to Rs84.3m, while the company recorded a loss on sale of investments of Rs36.6m compared to a gain of Rs148.1m in the prior-year period. Other income increased 28.69% to Rs1.9m.

Operating and administrative expenses decreased 18.35% to Rs21.5m, while other expenses related to the Sindh Workers Welfare Fund (SWWF) stood at Rs12.4m. Total expenses increased 28.82% to Rs34.0m compared to Rs26.4m last year.

The company's profit before taxation and levy surged 164.34% to Rs609.2m from Rs230.5m. Levy remained stable at Rs11.6m, up marginally by 1.02%.

Profit before taxation jumped 172.92% to Rs597.6m, compared to Rs219.0m in 9M 2024. Taxation expense increased substantially by 587.23% to Rs90.0m from Rs13.1m in the corresponding period, leading to a profit after taxation of Rs507.6m.

STATEMENT OF PROFIT OR LOSS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025 (Rs.000)

Description

2025

2024

Change%

Return on investments

84,253

83,566

0.82%

Gain / (Loss) on sale of investments - net

(36,605)

148,127

Other income

1,920

1,492

28.69%

Total Income

49,568

233,185

-78.74%

Gain on re-measurement of investments classified as financial assets at fair value through profit or loss - net

593,611

23,647

2410.30%

Total Income and Gains

643,179

256,832

150.43%

Operating and administrative expenses

(21,525)

(26,361)

-18.35%

Other expenses - SWWF

(12,433)

-

Total Expenses

(33,958)

(26,361)

28.82%

Profit before taxation and levy

609,221

230,471

164.34%

Levy

(11,630)

(11,513)

1.02%

Profit before taxation

597,591

218,958

172.92%

Taxation

(89,986)

(13,094)

587.23%

Profit after taxation

507,605

205,864

146.57%

Basic and diluted Earnings per share(Rupees)

8.25

3.34

147.01%