United Brands Limited (UBDL) reported loss per share of PKR 0.77 for FY25, compared to PKR 0.64 in FY24. Furthermore, in 1QFY26, the company reported loss per share of PKR 0.04, compared to earnings per share of PKR 0.09 in the same period last year (SPLY).
The company remains focused on enhancing operational efficiency across its existing business lines and is evaluating opportunities to onboard new principals, subject to detailed viability assessments. The company maintains a nationwide presence through a network of 100 branches.
Management noted a strategic shift toward greater localization of products and an emphasis on distributing domestically manufactured items, aimed at supporting the local industry. This transition accelerated post 2023, when government imposed restrictions on imported goods limited the ability of businesses to source foreign products. The company’s commercial model includes distribution across multiple channels, supplying not only to traditional distributors but also to wholesalers and modern trade formats.
Management believes that the continued curtailment of imports, together with a policy-driven shift toward local production and exports, represents a positive structural catalyst for the industry. Looking ahead, they also expect modest improvement in margins.
Important Disclosures
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