PAKOXY CY2025 profit more than doubles

02-Mar-2026


MettisGlobal


March 02, 2026 (MLN): Pakistan Oxygen Limited (PSX: PAKOXY) posted a strong net profit of Rs1.67 billion for the year ended December 31, 2025, more than doubling from Rs711.76 million in the same period last year.

The company’s earnings per share (EPS) rose to Rs19.16, up from Rs8.17, showing a similar double increase in shareholder returns.

On the top line, net sales rose by 15% year-on-year to Rs13.05bn, up from Rs11.35bn in CY2024, driven by higher demand across the industrial gases segment and improved pricing.

Gross sales also increased 15.12% to Rs15.04bn, while sales tax rose 15.92% to Rs1.99bn.

Cost of sales decreased by 5.77% to Rs7.81bn from Rs8.29bn, resulting in a significant 71.24% increase in gross profit to Rs5.24bn, compared to Rs3.06bn in the corresponding period last year.

Operating expenses showed mixed trends, with distribution and marketing expenses declining 23.88% to Rs417.80m, while administrative expenses rose 23.92% to Rs425.16m.

Other operating expenses surged 130.85% to Rs317.17m, bringing total operating expenses up 12.71% to Rs1.16bn.

Despite this, operating profit before other income nearly doubled, increasing 100.91% to Rs4.08bn.

Other income fell 53.85% to Rs43.81m, while the company recorded no gains on the sale of non-current assets, compared to Rs50.42m in CY2024. Overall, operating profit rose 89.51% to Rs4.12bn from Rs2.18bn.

Finance costs provided a substantial relief, falling more than half to Rs483.16m from Rs999.10m in the previous year, supporting overall profitability.

Profit before taxation and levy surged more than triple to Rs3.64bn, up from Rs1.18bn. After adjusting for taxation of Rs1.97bn, net profit stood at Rs1.67bn.

STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED DECEMBER 31, 2025 (Rs.000)

Description

2025

2024

Change (%)

Gross sales

15,037,378

13,061,918

15.12%

Sales tax

(1,990,092)

(1,716,819)

15.92%

Net sales

13,047,286

11,345,099

15.00%

Cost of sales

(7,807,314)

(8,285,137)

-5.77%

Gross profit

5,239,972

3,059,962

71.24%

Distribution and marketing expenses

(417,800)

(548,844)

-23.88%

Administrative expenses

(425,159)

(343,097)

23.92%

Other operating expenses

(317,171)

(137,390)

130.85%

Total operating expenses

(1,160,130)

(1,029,331)

12.71%

Operating profit before other income

4,079,842

2,030,631

100.91%

Gain on sale of non-current assets

-

50,424

Other income

43,806

94,923

-53.85%

Operating profit

4,123,648

2,175,978

89.51%

Finance cost

(483,159)

(999,099)

-51.64%

Profit before taxation and levy

3,640,489

1,176,879

209.33%

Minimum tax differential - levy

-

(32,279)

Profit before taxation

3,640,489

1,144,600

218.06%

Taxation

(1,971,466)

(432,841)

355.47%

Profit for the year

1,669,023

711,759

134.49%

Earnings per share (Rupees)

19.16

8.17

134.52%

 

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