Ghandhara Tyre & Rubber Company Limited recorded loss per share of PKR 3.00 in FY25, as compared to earnings per share of PKR 1.88 in FY24.
The company recorded net sales of PKR 17.8 Bn, down 13% from PKR 20.5 Bn in FY24. Along with this it saw its gross margin contract from 16% in FY24 to 13% in FY25. As a result, gross profit reduced 31% from PKR 3.3 Bn in FY24 to PKR 2.3 Bn in FY25. GTYR posted loss after tax of PKR 366 Mn in FY25, compared to profit after tax of PKR 229 Mn in FY24.
The management apprised that currently due to poor farm economics the farm tyres segment has been suffering from low volumes. On the other hand, economic resurgence and softer commodity prices present an opportunity for improved profitability. With regards to new products, it indicated that new tyres were under development however, it was highlighted that the process takes 18-24 months.
Moving forward, the management highlighted that the company plans to focus on the replacement market in order to increase volumes. Furthermore, it was also shared that the company plans to participate in auto/tyre exhibitions in different countries in an effort to scale export sales.
Important Disclosures
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