Ghani Chemworld Limited reported loss per share of PKR 0.001 in 1QFY25. This was as no sales were made during the period. The company was listed through a de-merger from Ghani Chemical Industries on 24th April 2025. The company was formed due to the management of GCIL carving out its new calcium carbide plant.
This plant is expected to be in operation within the next 60 days and is currently in the final stage of commissioning under the supervision of European and Chinese teams of professionals. The plant is located in the Hattar Special Economic Zone and as such enjoys a 10-year income tax holiday.
This plant is being set up to produce calcium carbide and its related products including carbon black, calcium carbonate, acetylene gas, calcium oxide, hydrogen gas and magnesium oxide. The management believes that the plant will result in import substitution as well as provide an opportunity to export the products it will produce. The company has also been allotted 70 Mn shares of Ghani Chemical Industries and therefore the management expects the profitability of GCIL to contribute to the bottom line of GCWL. Moving forward, the management provided estimates of the company’s profitability in the years to come.
Important Disclosures
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