Paramount Spinning Mills (PASM) نے 30 جون 2026 کے سالانہ مالیاتی نتائج جاری کر دیے، کمپنی کو 4.1 ملین کا نقصان ہوا۔ Paramount Spinning Mills (PASM) reports FY26 annual results; net loss of PKR 4.12 million, auditors express concern.
PASM
Paramount Spinning Mills Limited
Rs. 8.97
-0.16 (-1.75%)
EPS
-0.24
Dividend
Nil
PAT YoY
-110.5%
Period
FY26
Paramount Spinning Mills Limited (PASM)
Annual Financial Statements • Year Ended June 30, 2026
Paramount Spinning Mills Limited (PASM) نے مالی سال 2026 کے لیے اپنے سالانہ آڈٹ شدہ مالیاتی گوشوارے جاری کر دیے ہیں۔ کمپنی کے بیرونی آڈیٹر، ملک ہارون احمد اینڈ کمپنی، نے مالیاتی گوشواروں پر 'Qualified Opinion' کا اظہار کیا ہے، جس میں فکسڈ اثاثوں، بینک بیلنس، اور واجبات کی تصدیق میں ناکامی کا ذکر کیا گیا ہے۔ مزید برآں، آڈیٹر نے کمپنی کے 'going concern' کے طور پر برقرار رہنے پر بھی تشویش کا اظہار کیا ہے۔
کلیدی مالیاتی کارکردگی (Financial Highlights)
Profit After Tax
PKR (4.12) millionEPS
PKR (0.24)| Metric | 2026 (PKR) | 2025 (PKR) |
|---|---|---|
| Profit After Tax | (4,117,567) | 39,137,130 |
| EPS | (0.24) | 2.26 |
Risks & Concerns:
- Auditors expressed a Qualified Opinion due to lack of evidence on fixed assets, bank balances, and payables.
- The company has ceased manufacturing operations and is no longer a going concern.
- Accumulated losses stand at PKR 1.38 billion.
Paramount Spinning Mills Limited (PASM)
Annual Financial Statements • Year Ended June 30, 2026
Paramount Spinning Mills Limited (PASM) has released its annual audited financial statements for the fiscal year ended June 30, 2026. The auditor, Malik Haroon Ahmad & Co., issued a 'Qualified Opinion' citing the inability to verify fixed assets, bank balances, and certain payables. Furthermore, the company has officially declared that it is no longer a 'going concern' due to the cessation of operations.
Financial Highlights
Profit After Tax
PKR (4.12) millionEPS
PKR (0.24)| Metric | 2026 (PKR) | 2025 (PKR) |
|---|---|---|
| Profit After Tax | (4,117,567) | 39,137,130 |
| EPS | (0.24) | 2.26 |
Risks & Concerns:
- Auditors issued a 'Qualified Opinion' due to non-availability of information regarding assets, bank balances, and liabilities.
- Management confirmed the company is no longer a 'going concern' as operations have ceased.
- Company faces significant litigation regarding government claims and mounting accumulated losses (PKR 1.38 billion).
Final Investor Takeaway: PASM is no longer an operational, going-concern entity. With a qualified audit report, heavy accumulated losses, and ongoing legal disputes, the company faces significant structural and financial challenges. Investors should exercise extreme caution.