QUICE turns around with Rs6.64m H1 profit on 90% sales surge
25-Feb-2026
MettisGlobal
February 25, 2026 (MLN): Quice Food Industries Limited (PSX:QUICE) reported a profit after tax of Rs6.64 million for the half year ended December 31, 2025, compared to a loss of Rs5.43m the same period last year.
Earnings per share (EPS) rose
to Rs0.067 from a loss per share of Rs0.055 in H1 FY2025.
The company's net sales surged 90.47% year-on-year to
Rs943.38m from Rs495.29m, while the cost of sales increased 94.94% to Rs795.58m
from Rs408.12m, resulting in a gross profit of Rs147.81m, up 69.56% from
Rs87.17m.
Distribution costs climbed 57.44% to Rs96.97m, and
administrative expenses rose 43.18% to Rs34.18m.
Other operating income decreased 38.59% to Rs0.74m, leading
to an operating profit of Rs16.65m, a remarkable increase of nearly 9.7
times from Rs1.71m in H1 FY2025.
Finance costs rose sharply 453.45% to Rs62,440, while levies
increased to Rs10.69m. Profit before taxation settled at Rs6.64m, reversing the
loss of Rs5.43m reported in the previous year.
|
STATEMENT OF PROFIT OR
LOSS FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (Rs.) |
|||
|
Description |
2025 |
2024 |
Change (%) |
|
SALES |
943,383,980 |
495,287,549 |
90.47% |
|
Cost of Sales |
(795,577,792) |
(408,116,385) |
94.94% |
|
GROSS PROFIT |
147,806,188 |
87,171,164 |
69.56% |
|
Distribution Cost |
(96,973,038) |
(61,593,784) |
57.44% |
|
Administrative Expenses |
(34,179,267) |
(23,872,021) |
43.18% |
|
Operating Profit/ (Loss) |
16,653,883 |
1,705,359 |
876.56% |
|
Other Operating Income |
738,890 |
1,203,284 |
-38.59% |
|
Finance Cost |
(62,440) |
(11,282) |
453.45% |
|
Profit / (Loss) Before
Levies & Tax |
17,330,333 |
2,897,361 |
498.14% |
|
Levies |
(10,691,316) |
(8,331,429) |
|
|
PROFIT/ (LOSS) BEFORE
TAXATION |
6,639,017 |
(5,434,068) |
|
|
PROFIT/ (LOSS) AFTER
TAXATION |
6,639,017 |
(5,434,068) |
|
|
EARNING / (LOSS) PER
SHARE |
0.067 |
-0.055 |
|
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