November 28, 2025
AMG Packaging & Paper Company Limited (AMG)
Audited financials for the twelve months ended August 31, 2025
AMG Packaging & Paper Company Limited (AMG) reported a 3% decline in Revenue for the twelve months ended August 31, 2025, totalling $973.40 million compared to $999.65 million in the corresponding period last year. Revenue for the fourth quarter decreased by 11% to $209.54 million compared to $234.72 million for the comparable quarter of 2024.
Total Manufacturing Costs amounted to $629.01 million relative to $616.04 million in 2024, representing a 2% year over year increase. As a result, gross profit fell by 10% to $344.39 million compared to $383.61 million reported for the twelve months ended August 31, 2024. For the fourth quarter, the company recorded gross profit of $82.35 million compared to $88.02 million for the similar quarter of 2024.
Administrative expenses increased by 21% to $162.12 million relative to $134.39 million in 2024, while Depreciation declined by 16% to $44.82 million from $53.09 million last year. Total expenses for the twelve months rose to $224.22 million, which reflects an 11% increase relative to the $202.60 million recorded in 2024.
Operating Profit for the twelve months amounted to $120.17 million, representing a 34% decrease compared to $181.01 million reported in 2024. For the fourth quarter, Operating Profit totalled $16.90 million relative to $34.14 million in the prior year. Finance Cost for the twelve months declined by 23% to $5.39 million compared to $6.98 million in 2024. Other gains for the period amounted to $18.79 million compared to $16.61 million in the previous year.
Pretax profit for the twelve months ended August 31, 2025, amounted to $133.57 million, which represents a 30% decrease relative to the $190.65 million reported in 2024. Fourth quarter pretax profit totalled $21.92 million compared to $34.20 million for the similar period in 2024.
The taxation charge for the twelve months declined by 30% to $38.23 million compared to $54.34 million last year. Net Profit for the period amounted to $95.35 million, which represents a 30% decrease from the $136.31 million reported in 2024. For the fourth quarter, Net Profit was $13.69 million compared to $19.75 million in the comparable period of 2024.
Consequently, Earnings per Share for the twelve months amounted to $0.19 compared to $0.26 in 2024, while Earnings per Share for the quarter totalled $0.03 compared to $0.04 in the prior year. The twelve-month trailing EPS was $0.19, based on 511,894,285 shares.
AMG’s stock price closed the trading period on November 27, 2025, at $2.38, which reflects a P/E ratio of 12.78 times.
Balance Sheet Highlights
The company reported total assets of $1.69 billion compared to $1.77 billion in 2024. This reduction was driven by a decline in property, plant and equipment which stood at $910.55 million compared to $1.01 billion in the prior year.
Shareholders’ equity amounted to $1.46 billion compared to $1.49 billion in 2024, representing a book value per share of $2.86 relative to $2.92 last year.
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