Merit Packaging swings to Rs41m loss in 1QFY27
Merit Packaging Limited (PSX: MERIT) posted a net loss of Rs41.25m for the three months ended September 30, 2026, compared with a profit of Rs472.00m in the same period last year.
October 30, 2026 (MLN): Merit Packaging Limited (PSX: MERIT) posted a net loss of Rs41.25m for the three months ended September 30, 2026, compared with a profit of Rs472.00m in the same period last year. Loss per share (LPS) stood at Rs0.21, against earnings per share (EPS) of Rs2.36 in the corresponding quarter last year. The swing came from the absence of last year’s one-off gain of Rs505.66m on disposal of assets...