% ARGFdROMA
FA/IL/CL/2024-25/066
28 April 2025
The General Manager
Pa1‹istan Stoclc Exchange Limited Stock Exchange Building
Stoclc Exchange Road Itarachi
Deal Sit,
AR CHRONA PAKISTAN LI MITED
Registered & Corporate Office
1-A/1, Sector 20, Ko rangi Ind us tria I Area, Ka rachi -7490 0 Pa kistan.
UAN : +82-21 -MI-275-786 Tel : +92-21 -35123261-70
Fax : +92-21 - 3 5 0 3 2 3 3 7
Email: arcfiroma.pa#istan(aar‹#roma.com Website: https://www.archroma.com.pk
CONDENSED INTERIM FINANCIAL RESULTS
FOR THE HALF YEAR ENDED 31 MARCH 2025 (UNAUDITED)We wish to inform you that the Board of Directors of the Company in their meeting held on Monday, 28 April 2025 at 11.30 am at 1-A/1, Sector 20, Norangi Industrial Area, l£arachi, approved the unaudited condensed interim financial results of the Company for the half year ended 31 March 2025 and recommended the following:
Caah Dividend
Bonus Shares
Right Shales
Nil
Nd
Nil
Any other entitlement/ Corporate Action Oil
Any other Price Sensitive Information Nd
The unaudited condensed interim financial results as approved by the Board of Directors along with statement of Financial Position, statement of changes in Equity and statement of Cash Flows of the Company are appended as Annexure A.
The Quarterly Report of the Company for the half year ended 31 March 2025 will be transmitted through PUCARS separately, within specified time.
Thanking you,
Yours faithfully,
roma Pakistan Omited
ifan Ch va!a
DWe
Irfan Lakhani
Plan t:
CC: Mr. Syed Ahmed Abbas, Deputy General Manager Listing Department, Palcistan Stock Exchange Limited
Plant:
Sales office•
Sa let Offlre‹
Petaro Road,
J amshoro-76100, find h, Pad is tan.
UAN :*92-22-IT 1-27S-786 Tei :*92•22-2T09740-45 Fax : +92-22-2109746 47
LX TO 8‹ 1 T,
Landlj i Industrial Trading Esta te, ftarachi 75Mo, Pakista n.
UAN : *92-21-11I -330-330
Tel : *92-21-3 8 6 7 1 7 9 9
Fax : *97-21-35081310 6 73
fia tar 6und goa d, 7hokar niaz Ba ig,
La hore 54000. Pakistan.
UAE '*97-42-IT 1-3T 5-786 Tel : +92-qy-3S299S9t-94 Fax : +92-42-35299é 63-64
P•277,
Xashm ir Road,
Fa is a labad.
Cell : 030z-84a44 7S
Condensed Interim Statement of Financial Position (Unaudited)
As at 31 Maroh 2025
ASSETS
Non-current assets
hole
Annexure A
31 March 30 September
2025 2024
Unaudited Audited (Rupees In '000)
Properly, plant and equipment | 2,391,775 | 2,336,14 9 | |||||
Long•term depouifs and prepaymenls | 13,205 | 13,205 | |||||
Deferred taxation - net | 92,200 | 204,706 | |||||
2,487,'180 | 2,646,060 | ||||||
Current assets | |||||||
Stores and spares | 80,648 | 78,093 | |||||
Stock-in-made | 6 | 3,978,039 | 4,709, 255 | ||||
Trade receivables | 7,057,830 | 4,077,952 | |||||
Sales tax | 1,285,953 | 1,368,037 | |||||
Advances | 23,825 | 13,076 | |||||
Trade deposits and short-term prepayments | 92,802 | 83,079 | |||||
Other receivables | 158,026 | 139,165 | |||||
Taxation - nel | 513,440 | 127,164 | |||||
Inveslment al fair value Through proFil or loss | 8 | 764,337 | |||||
Cash and bank balances | 9 | 468,776 | 158,526 | ||||
14,424,486 | 11,657,170 | ||||||
TOTAL ASSETS | 6,921,665 | 14,303,230 | |||||
EQUITY AND LIABILITIES | |||||||
Share capital and reserves | |||||||
Authorlsed capilal | |||||||
63.000, 000 (30 September 2024: 63,000,000) ordinary | |||||||
shares of PKR 10 each | 630,000 | ||||||
Issued, subscribed and paid-up share capital | f0 | 345,634 | 34 5,634 | ||||
Capifal reserve - amalgamation reserve | g3,545 | 93,545 | |||||
Revenue Reserves General reserve | 2 4 | ||||||
Unappropriated profi! | 22 8 | ||||||
8,912,688 | 3,338,380 | ||||||
4,411,767 | 3,777,568 | ||||||
LIABILITIES | |||||||
Non-current liabilities | |||||||
Employee benefils | |||||||
Lease |iabi|ifies | 13 | ||||||
Liabililles againsl diminishing musharika financing | |||||||
Current liabllitles | |||||||
trade and older payadTes | |||||||
Short-term borrowings - secured | |||||||
Currenl portion of lease liabilities | 13 | ||||||
Current poñion of liabilities against diminishing musharika financing | |||||||
Unclaimed dlvidend | |||||||
Mark-up accrued | |||||||
TOTAL LIABILITIES | 42,509,898 | 10,525,662 | |||||
CONTINGENCIES AND COMMITMENTS | |||||||
TOTAL EQUITY AND LIABILITIES | 16,821,665 | 14,303,230 | |||||
The annexed nofea 1 to 23 form an Inlegral part of fhese condensed lnlerim financial slafemenfs. |
8,892,47G 2,805399 24,501 79,846 89,012 50,8 59 | |
11,942,193 |
200,271 118,500 141,834 |
460,614 |
5,787,855 3,038,586 24,130 59,585 00,313 164,577 |
10,065,04B |
Mu/taâa Ranfm
Chief Executive Officer
Maveed Kamlf
Director
lrfan C hawala
Director and CFO
Condensed Interim Statement of Profit or Loss And Other Comprehensive Income (Unaudited)
For the six months period ended 31 March 2025
(1,791,042) | (1,624,835) | (928,884) | (794,330) |
(504,421) | (460,823) | (249,431) | (231,272) |
(5,004) | (8,142) | (4,010) | (4,829) |
{74,620) | (9,365) | (37,302) | (7,084) |
Note Six months period ended Quarter ended
31 March 2025 | 31 March 2024 | 31 March 2025 | 31 March 2024 | ||
{Rupees in '000) (Rupees in '000) | |||||
Sales | 17 | fl 7,148,977 | 16,510,910 | 8,629,956 | 8,152,644 |
Grade discounts and rebales | 17 | 50 1 B | 56 22 | 223 231 | 279 039 |
Sales tax I Z | 2 03 517 | 1 661 50 ) ( 96 | 2 261 | ||
(2,510,665) | (2,229,328) (1,208,827) | (1,104,300) | |||
sales - net | )Z | 14,638,312 | 14,281,582 | 7,421,129 | 7,048,344 |
Cost of sales | (11,270,535) | (11,602,921) | (5,693,942) | (5,732,280) | |
Gross profit | 3,367,777 | 2,678,661 | 1,727,187 | 1,316,064 | |
Distribution and marketing expenses | |||||
Administrative expenses | |||||
Impairment loss on trade receivables | |||||
Other expenses | |||||
(2,375,087) | (2,103,265) | (1,219,627) | (1,037,515) | ||
902,690 | 575,396 | 507,560 | 278,549 | ||
Other income | 125,663 | 68,774 | 83,005 | 41,373 | |
1,118,353 | 645,170 | 590,565 | 319,922 | ||
Finance costs | {238,075) | (592,158) | (123,887) | (242,348) | |
Profit before minimum, final and income taxes | 880,27B | 53,012 | 466,678 | 77,574 | |
Minimum and final taxes charge | (46,542) | (167,340) | (46,542) | (B3,923) | |
Profit / {loss) before income tax | B33,736 | (114,328) | 420,136 | (6,349) | |
Income tax | (199,537) | (10,843) | (141,991) | (14,678) | |
Profit / (loss) after income tax | 634,199 | (125,171) | 278,445 | (21,027) | |
Other comprehensive income | |||||
Total comprehensive income / (loss) for the period | 634,199 | (125,171) | 278,145 | (21,027) | |
(Rupees)
Earnings / (loss) per share
18 18.35 (3.62) 8.05
(0.61)
The annexed notes 1 to 23 form an integrat part of these condensed interim financial statements.
Mujtaba Rahim Chief Executive Officer
Naveed Kamil Director
lrfan Chawala Director and CFO
Condensed Interim Statement of Cash Flows (Unaudited)
For the six months period ended 31 March 2025
Annexure A
CASH FLOWS FT OM OPEPATING ACTS/JTIES
Note
31 March 31 March
2025 2024
(Rupees in '000)
Profit before minimum, final and income taxes
Adjustments for non-cash charges and other items: Depreciation
Impairment reversal on trade receivables
Gain on disposal of operating property, plant and equipment Unrealized gain on investment
880,278
170,347
6,004
(5,743)
(14,337)
53,012
152,500
8,142
Provision for staff gratuity & other long term benefit Interest / mark-up expense
Working capital changes
Cash generated from / (used in) operations
Staff gratuity and other long lerm employee benefits paid Mark-up paid
Minimum, final and income taxes paid
Net cash generated from / (used in) operating activities
25,979 25,370
204,922 570,360
19 1,792,150 (1,886,149)
3,058,600 (1,076,765)
(222) (10,197)
(280,078) (396,622)
(429,837) (326,888) 2,348,463 (1,810,472)
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditure
Proceeds from disposa] of property, planl and equipment Purchase of investments
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Payments against lease liabilities
Payments against diminishing musharika financing - net Shorl-term borrowings - proceeds
Short-term borrowings - repayments Dividend paid
(127,318)7,981
8 (760,000)
(869,337j
(5,954)
(29,436)
200,000
(1,000,000)
(1,301)
(94,582)
1,509
(93,073)
(22,5Y5)
(33,262)
700,000
(521,000)
(511,816)
Net cash used in financing activities
Net inC rease / (decrease) in cash and cash equivalents
Cash and cash equivalents Transferred due to arrangement / merger Cash and cash equivalents at beginning of the year
Cash and cash equivalents at end of the period
(836,690) (38B,653)
642,436 (2,292,198)
138,030
(384,619) (1,620,359)
20 257,817 (3,774,527)
The annexed noles 1 to 23 form an integral part o f lhese condensed interim financial statements.
Mujtaba Rahim Chief Executive Officer
Naveed Kamil Director
lrfan Chawala Director and CFO
Condensed Interim Statement of Changes in Equity (Unaudited)
ror the six months period ended B 1 Marc/ 2025
Annexure A
Issued, Capital Reserve Revenue Reserve subscribed Amalgamation General Unapproprlated and paId-up reserve Reserve profit
capital
Total
------ --- ---- - -------- fRupees in '000) -.•-------------•---•- -.-- -----------.-----
Balance as at 30 September 2023 (Audited)
Transactions with owners in lhe capacity as owners direthy retorded in equity - dis Itibution
Effects of scheme of arrangement / merger - (note 1.2)
Tofa/ comprehensive income for the period ended 3't March Z024
Loss for Ihe period ended 31 March 2024
34 1,179
4,455
93,545
2,74 7,000
1,245,951 4,334, 130
48,701 4 46,701
(125,171) (125,171)
Balance as at 31 March 2024 {Unaudited) Balance as at 30 September 2024 (Aud ited)
Total comprehensive income For I/je
period ended 2J Afarcfi 2025
Profit for the peiiod ended 31 Marcln 2025
Balance as at 31 March 2025 (Unaudited)
345,634 345,634
5 634
93,545 2,747,0 00
93,54 5 2,747,000
93,645 2,747,0 00
1,169,481 4,355,660
581,389 3,777,568
634, 199 634, 199
1,225,688 4,411,767
The annexed notes 1 Io 22 form an integral part of lhese condensed interim financial statements.
Mujtaba Rahim Chief Exec utive Officer
Naveed Kamil Director
I rfan Chawala Dlrector and CFO