FLASHNEWS:

Century Paper & Board Mills Reports Narrowed Losses and Increased Sales in FY26

Karachi: Century Paper & Board Mills Ltd. (CEPB) presented its FY26 analyst briefing, revealing a significant reduction in losses and modest growth in sales. The company announced a net loss of PkR58 million, or PkR0.2 per share, for FY26, marking an 83% year-over-year improvement from the previous fiscal year's loss of PkR345 million, or PkR0.9 per share. This improvement was largely attributed to a one-time remeasurement gain in other income.

According to AKD Securities Limited, CEPB's sales for FY26 rose by 3.8% compared to the same period last year, reaching PkR38.7 billion, up from PkR37.2 billion. This increase was driven by an 8.5% rise in sales volume, despite a decline in prices. The company's total production grew to 169,000 tons, compared to 158,000 tons in the previous year. Additionally, sales volume increased to 185,000 tons as CEPB outsourced some box production activities instead of relying solely on its production capabilities.