Pan Brothers (PBRX) Slips into Loss Despite Sales Surge: Deficit Widens to $284M

Pan Brothers (PBRX) Slips into Loss Despite Sales Surge: Deficit Widens to $284M
Pan Brothers (PBRX) posted a net loss of USD 5.74 million in the first half of 2026, plunging 106.06% from a net profit of USD 94.63 million recorded in the same period last year. Following this bottom-line drop, basic loss per share stood at USD 0.00027, reversing from earnings per share of USD 0.00441 previously. This downturn occurred despite a 12.13% surge in net sales, which climbed to USD 134.69 million compared to USD 120.11 million in the year-ago period. However, cost of goods sold (COGS) also escalated to USD 122.86 million from USD 109.10 million previously. Gross profit edged higher to USD 11.82 million, up from USD 11.00 million. Selling expenses decreased slightly to USD 1.52 million from USD 1.55 million, while general and administrative expenses rose to USD 11.10 million from USD 11.05 million. Operating loss narrowed to USD 804.68 thousand from USD 1.60 million. However, other income saw a sharp reduction, plunging to USD 1.25 million from USD 102.25 million. Finance co…