July 29, 2025
Paramount Trading Limited (PTL)
Audited financials for the twelve months ended May 31, 2025:
Paramount Trading Limited (PTL), for the twelve months ended May 31, 2025, reported a 7% increase in revenue totaling $1.72 billion, compared to $1.62 billion in the corresponding period last year. Revenue for the fourth quarter had a 50% increase to close at $524.56 million, compared to $349.66 million for the comparable quarter of 2024.
Direct Expenses amounted to $1.08 billion (2024: $1.00 billion). This represents an increase of 7% year over year. Consequently, gross profit increased by 5% to $646.62 million, compared to $614.96 million for the twelve months ended May 31, 2024. The company booked gross profit of $229.21 million for the fourth quarter, versus $138.84 million reported for the similar quarter of 2024.
Other operating expense decreased by 52% to close at $22.40 million (2024: other operating expense of $46.22 million), while administrative expenses decreased by 1%, from $480.51 million in 2024 to $476.59 million in the period under review. As a result, total expenses for the twelve months ended May 31, 2025, amounted to $493.43 million, a 2% decrease relative to $501.68 million reported in 2024.
Operating profit for the twelve months ended May 31, 2025, amounted to $130.80 million, a 95% increase relative to $67.05 million reported in 2024. Operating profit for the fourth quarter amounted to $109.91 million (2024: Operating Loss of $101.36 million). Net Finance Cost totalled $86.09 million, a 25% increase from the corresponding period last year (2024: $68.88 million).
Pre-tax Profit for the twelve months ended May 31, 2025, amounted to $44.71 million, a 2,538% increase relative to the pre-tax loss of $1.83 million reported in 2024. Pre-tax Profit for the fourth quarter amounted to $87.78 million (2024: pre-tax loss of $126.02 million).
Taxation charge for the twelve months ended May 31, 2025, had a 48% increase to reach $18.57 million (2024: $12.53 million). Net Profit for the twelve months amounted to $26.14 million, a 282% increase from the net loss of $14.36 million reported in 2024. For the fourth quarter, Net Profit was $69.21 million (2024: net loss of $114.29 million).
Consequently, Earnings Per Share for the twelve months amounted to $0.02 (2024: LPS: $0.01), while Earnings Per Share for the quarter totaled $0.04 (2024: LPS: $0.07). The twelve-month trailing EPS was $0.02, and the number of shares used in these calculations was 1,542,467,080.
Notably, PTL’s stock price closed the trading period on July 28, 2025, at a price of $0.85, with a corresponding P/E ratio of 50.16x.
Balance Sheet Highlights
The company’s assets totalled $2.29 billion (2024: $2.08 billion). This increase in total assets was attributable to inventories, which amounted to $863.08 million (2024: $664.45 million).
Shareholders’ equity was $1.07 billion (2024: $1.04 billion), representing a book value per share of $0.69 (2024: $0.67).
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