TPL H1 loss shrinks 27%
02-Mar-2026
MettisGlobal
March 02, 2026 (MLN): TPL Corp Limited (PSX:TPL) posted a net loss of Rs468.63 million for the half-year ended December 31, 2025, marking a 27% decrease compared to the Rs616.94m loss reported in the same period last year.
The company’s loss per share (basic and diluted)
stood at Rs1.75, down from Rs2.31 in H1 2025.
Operating and administrative expenses declined slightly to Rs66.11m,
down 3.58% from Rs68.56 million a year ago.
Finance costs fell more significantly, by 20.89%, to Rs426.40m,
compared to Rs538.99 million in H1 2024. Other expenses decreased sharply by 98.47%,
totaling Rs225,530, while other income surged 8.5 times to Rs45.40 million.
Loss before taxation narrowed by 27.49% to Rs447.34m,
with current taxation recorded at Rs21.30m.
Despite the net loss, the company reported an unrealized
gain on revaluation (FVOCI) of Rs2.09bn, down 45.02% from
Rs3.79bn in the prior year.
Consequently, total comprehensive income was Rs1.62bn,
representing a 49.10% decline year-on-year.
|
UNCONSOLIDATED STATEMENT
OF PROFIT OR LOSS FOR THE HALF YEAR ENDED DECEMBER 31, 2025 (Rs.) |
|||
|
Description |
2025 |
2024 |
Change (%) |
|
Operating and administrative
expenses |
(66,109,127) |
(68,564,409) |
-3.58% |
|
Finance costs |
(426,401,060) |
(538,987,648) |
-20.89% |
|
Other expenses |
(225,530) |
(14,730,755) |
-98.47% |
|
Other income |
45,396,493 |
5,341,520 |
749.88% |
|
Loss before taxation |
(447,339,224) |
(616,941,292) |
-27.49% |
|
Taxation - current |
(21,295,578) |
- |
|
|
Net loss for the period |
(468,634,802) |
(616,941,292) |
-24.04% |
|
Unrealised gain on
revaluation (FVOCI) |
2,085,704,762 |
3,793,806,303 |
-45.02% |
|
Total comprehensive
income |
1,617,069,960 |
3,176,865,011 |
-49.10% |
|
Loss per share (Basic
and diluted) |
(1.75) |
(2.31) |
-24.24% |
Copyright