Packages returns to profit with Rs5bn in 1HCY26
Packages Limited (PSX: PKGS) swung to a consolidated net profit of Rs5.45bn for the half year ended June 30, 2026, reversing a loss of Rs336.80m recorded in the corresponding period last year a complete earnings turnaround driven by strong operational improvement across multiple fronts. Showing this sharp recovery, the company's basic earnings per share (EPS) attributable to equity holders of the parent company swung to Rs42.34 from a loss per share of Rs14.56 in 1HFY25, while diluted EPS stood at Rs39.58. The top-line showed healthy momentum, with net revenue growing 11% year-on-year to Rs108.30bn from Rs97.16bn in the prior period. Cost of sales and services rose at a slower pace of 7% to Rs82.24bn, allowing gross profit to expand by a strong 29% to Rs26.06bn from Rs20.15bn showing meaningful margin improvement driven by better cost management and favourable product mix.