Karachi: TPL Properties Ltd. (TPLP) announced a significant reduction in its consolidated losses for the fiscal year 2025, as detailed in an analyst briefing held yesterday. The company reported a consolidated loss of PKR 1.9 billion, or a loss per share of PKR 3.45, marking a substantial improvement from the previous fiscal year's loss of PKR 4.0 billion, or PKR 7.17 per share. This represents a 52 percent year-over-year decline in losses, attributed to decreased standalone losses and an increase in subsidiary revenues.
According to AKD Securities Limited, TPL Properties operates through wholly-owned subsidiaries, including TPL RMC, TPL Developments, and TPL Property Management, along with a 35 percent stake in TPL REIT Fund I. The company's revenue streams primarily consist of management fees from its subsidiaries and dividend income from the TPL REIT Fund I.