Biafo Industries Q1 profit falls 35% to Rs101m
Profit for the period of Biafo Industries Limited (PSX: BIFO) fell 34.75% year-on-year to Rs100.74m for the quarter ended September 30, 2026, compared with Rs154.40m in the same period last year.
October 22, 2026 (MLN): Profit for the period of Biafo Industries Limited (PSX: BIFO) fell 34.75% year-on-year to Rs100.74m for the quarter ended September 30, 2026, compared with Rs154.40m in the same period last year. Basic and diluted earnings per share (EPS) declined 34.83% to Rs2.17 from Rs3.33 in the corresponding quarter last year. The decline came from a drop in net revenue and a weaker gross margin. Sharply...