MERIT rebounds to Rs124m profit in FY26
Merit Packaging Limited (PSX: MERIT) staged a dramatic turnaround for the fiscal year ended June 30, 2026, reporting a net profit of Rs123.64m compared to a net loss of Rs599.67m in the preceding year.
September 30, 2026 (MLN): Merit Packaging Limited (PSX: MERIT) staged a dramatic turnaround for the fiscal year ended June 30, 2026, reporting a net profit of Rs123.64m compared to a net loss of Rs599.67m in the preceding year. Reflecting this sharp operational recovery, basic and diluted earnings per share (EPS) turned positive at Rs0.62, up from a loss per share (LPS) of Rs3.00 in FY25. The primary catalyst behind...