Al y:ik Ii›teriaatioiaaI li›v‹»tn‹c'r›l.°. Ltd.
Klng's Arcade, 20-A, Markaz F-7, P.O. Box 1529, Islamabad
TEL : (051) 2650805-7
Ref: Aq›ck/PSX/4/2026
The General Manager
Pakieten Stock Exchange Limited Stock Exchange Building
Stock Exchange Road
Kamnhi.
FAX : (051) 2651285-6
Pcbru«ry M,2026
DsmSr,
We are pleased to inform you that the Board ofDirecrocs in the meeting held on Tuesday, E•ebniary 24, 2026 at 40:30 am, have approved the following financial results of the Company for the quarter and halt yenr ended on December 3â 2025:
D< mber34 | D <> | D ember3I, | D‹ mb<> |
2025 | 2024 | 2025 | 2024 |
Income | Z,904,008 | 2,961,2 10 | S,70S,094 | 6,202,469 |
Opereong and general expeneee | (4,173,348) | (4,767,305) | (8,065,0S9) | (7,947,152) |
Opcrnting (Loss) | (1,269,340) | (1,806,095) | (2,359,965) | (1,744,683) |
Bank charges
Shere of (lose)/ of an
Aseocinted Company - net of taxation Reverend made for impairment in
• (1,029) (2,700) (4,831)
(1,269,340) (1,807,124) (2,362,665) (1,749,514)
(102,142,117) (28,706,040) (1Z9,008,2S1) (227,S78,473)
Investment in an Associated Company | 295,577,414 | 29,590,116 | 236,050,391 | 177,735,239 |
Profit/(Loss) before taxaoon and final tax leviee #xr&WOD | 192,165,957 | (923,048) | 104,679,475 | (51,S92,748) |
Income tnx (currents and prior yeare) - net | 1,210,104 | 130,205 | 768,094 | (268.554) |
(7,395) | 798,333 | (14,790) | 765,305 | |
1,202,709 | 928,538 | 753,304 | 496,751 | |
193,368,666 | 5,490 | 105,432,779 | (51,095,997) | |
Earnings /(loes) per eharc - basic and diluted | 48.34 | 0.00 | 26.36 | (12.77) |
Th Condense loterim Financial Statement, for the quarter and half year ended on December 31, 2025, of the Company will be submitted electronically lirougli PUCARS as per PSX Nonce No. PSX/N-5036, dated: September 03, 20t8.
You y
Arpak International Investments Limited
namt a P in a t cem 1 025
Un-audited Audited
December 31, June 30,2026 2025
Asaets
Non-current aasets Operating fixed assets Investment property Long term investments
Loan to an Associated Company
Current assets
Short term investments Advances to employees Accrued mark-up Prepayments
Prepaid tax levies
Advance income tax and tax deducted at source Bank balances
Equity and liabilities Share capital and reserves Authorised capital
Issued, subscribed and paid-up capital
Reserves
Share in surplus on revaluation of property,
plant and equipment of Associated Companies
Accumulated loss Shareholders' equity Non-current liabilities Deferred taxation Current liabilities
Accruals and other payables
Unclai
med dividend Provision for tax levies TaxationNote
63,871 | 80,623 | ||
8,613,850 | 8.601,091 | ||
6 | 244,110,742 | 230,788,742 | |
7 | 25,000,000 | 25,000,000 | |
2zz,g7e 3 | 264,428,458 |
9
10
- - - - Rupees - - - -
558,883 | 531,451 |
139,750 | 139,750 |
1,678,946 | 3,091,974 |
663,583 | 0 |
0 | 17,605 |
3,395,980 | 2,478,236 |
1,332,688 | 1,466,650 |
7,770,930 7,725,666
285,449;393 _ 27Z,154;122
50 000 000 5 000 0
40,000,000 40,000,000
12,840,781 12,840,781
611,431,492 698,299,412
(385,877,072) (484,479,631) 278,395,201 266,660,562
207,363
4,819,863 | 2,584,127 |
1,034,847 | 1,039,042 |
0 | 17,605 |
877,33S | 1,645,423 |
6,832,0g9 5,286,197
Contingencies and commlW/n
26a,M9,S&S 272,154,122
e annexed
Th notee 1 to 14 form an Integral partOf these condenaed interim financial statements. Chief Executlv6 OfflC6f'
Chief Financial OfficerNonths
Ended December 31
Arpak InternatlonQl Condensed Interim Stat
Fa //@ Under and Six
2025
Quarterended
o h riod ended
Note
December 31, December 31,
2025 2024
D6C6fTj}$6I' 31, December 31,
2025 2024
Income 2,904,008 | 2,961,210 | 5,705,094 | 6,202,469 |
O|gOfOting and general expenses (4,173,za› | (4,767,305) | (8,065,059) | (7,947,152) |
Operating losa (1,269,340) | (1,806,095) | (2,359,965) | (1,744,683) |
Bank charges 0 | (1,029) | (2,700) | (4,831) |
Sh@§*@ ass of an (1,269,340) Associated Company | (1,807,124) | (2,362,665) | (1,74e,s14) |
" - - - - - - - - - - - - - - - - Rupees - - - - - .. . .. ..
- net of taxation Reversal made for | (102,142,117) | (28,706,040) | (129,008,251) | (227,578,473) |
impairment of investments in an Associated Company | 295,577,414 | 29,590,116 | 236,050,391 | 177,735,239 |
Profit / (IOss) before taxation | 192,165,957 | (923,048) | 104,679,475 | (51,592,748) |
Taxafon | ||||
Income tax (current | ||||
and prior years) - net 9 | 1,210,104 | 130,205 | 768,094 | (268,554) |
Deferred tax | (7,395) | 798,333 | (14,790) | 765,305 |
1,202,709 | 928,538 | 753,304 | 496,751 |
193,368,666 | 5,490 | 105,432,779_ | (51,095,997) |
48.3422 | 0.0014 | 26.3582 _ | 12 7740 |
pr fit I (lose) after taxation Earnings / gloss) per share
- basic and diluted
The annexed notes 1 to 14 form an integral part of these condensed interim financial statements.
chief ExecutlVe onicer Director Chlef Financial Officer
Arpak internstional Inveatmq
COndensed
Sn Llmlted
tatement of Other Comprehenslve
FOI' the uarter Income (Un-audited)
and Six Months
6£[od Ended DeCember 31 2026
DecQuarter ended
ember 31, December31,
2025 2024
a riod ended
D6C6r¥jber 31, December 31,
2025 2024
Profit / (loss) after tagatj n
OtheT' C M@F9h6nsive income
!t9MS that will not be reclassified to stat6ment of profit or Ios• 8Ubs6quently
Share of other comprehensive income / (loss) from an Associated Company - net
Share in surplus arisen on revaluation of property, plant and equipment carried out
- - - - - - - - - - - - - - - - - - Rupees - - - - - - - - - ......... 193,368,666 5,490 105,432,779 (51,095,997)
815,253 (30,650,561) 815,253 (30,650,561)
by an Associated Company o s8,297,922 0 58,297,922 Total comprehensive income / (loas) 194,183,919 27,652,851 106,2d8,032 (23,448,636) The annexed notes 1 to 14 form an integral part of these condensed interim financial statements.
CQ Chief Executive Officer Director Chief Financial Officer
1rpak International Invesbnents Llmitad
YD *¥¥da+seed Interim 9tstam•nt of Changes in Equity (Un-audited) Pad S x n 2 6
*"" ^'*' ' Capital General
reeerve reserve
Accumulated
Share of surplus on revaluation of property, plant and cqulpment of
Reserves
Company
Total
RI8Dce as at June 30, 2025 (audited)
t•l comprehensive income the six months period
ended December 31, 2025
mm or the period
Other comprehensive income
Efféct of items directly debited to Ulty by an Associated Company
Share in surplus on revaluation of property, p¥ant and equipment realised during the period by an Associated Company on account of incremental depreciation and upon sale of revalued assets - (net of deferred taxation)
- - - - - - - • • - - - • • • - • • ...... EUN•••••••••••••••.....
0 | 0 | 105,432,779 | 0 | 105,432,77g | |
0 | 0 | 0 | 815,253 | 0 | 815,253 |
U | u | 106,248,032 | u | 106,24b,032 | |
0 | 0 | 0 | (04,513,393) | 0 | (94,513,393) |
40,000,000 7,440,781 5,400,000 (484,478,631) 698,299,412 266,660,562
0 0 0 86,867,920 (86,867,920) 0
Balance aa at December 31, 2025 (un-audited )'0›DB0›0D0 7,440 781 6,400,000 (366,877,0T2) 611,431,4&2 z76,395,201
galanoe as at June 30, 2024 (audited)
Totai comprehensive income fbr the six months period ended December 31, 2024
Loss * ^ W
yr comprehensive (loss) / income
pf¥ect of ñems directly audited to equity by an Assodated Company
0 | 0 | (51,095,g97) | 0 | (II.095,99/ | |
0 | 0 | 0 | t30,650,561) | 58.297,922 | 27.647,361 |
0 | u | • i .r<> | 58,297,822 | (23,448,636) | |
0 | 0 | 0 | 195.873 | 0 | 195,873 |
pare in surplus on revaluation of property, and equipment realised during the period
40,000,000 7,440,781 5,400,000 (323,348,568) 609,824,244 339,316,457
by an wsodated Company on account of
incremental deprelation snd ^6^ sale '
revalued assets - (net of deferred taxation)
0 0 0 21,315.M7 (21,315.547) 0
Balanoe as at De Dg r 31. 2024 (un-audited) 40,000,000 7t440,781 5y400y 00 (383 583,706) 646,8fI6 6'9 316,063,694
-/- gn nates 1 to 14 form $D ink FBI cartof these condensed interlm flnanclal statem6nts.
cm execucve otI'ic•r Dlrector Chief Financial Officer
prpak Internatlo
condensed Interim St@/@ment oy «»h
*" owa
For the Six Montha
Ended "^^^mbe
(Un audited)
Cash ñows frOW O
Pe 'ating a/ty;Vj;|e
r 31
2025
o th perlod endad
December *1, December 31,
2026 2024
- - -- Rupeea -- - -
Loss before taxation kilo shae
of IoSs of ASSOCiated CO/yjpal"lieS
AdjuatmenB for noc<»h «harges and other items: Depreciation O^ P*OP•rty. plant And eqUiPment Depeciation on investment propery
Mark-Ur‹ OFF iOan to an Associated COmpany
Fair value gain on e-measummeF'lt of
sho1term investments
Loaa b6fore working cap•rtaI changes
Ehect on cash flowa due to working capiDl changes Increase in prepayments
(2,362,685) (1,74B,514)
6,752 8,87e
87,241 91,835
(1,587,972) (2,446,425)
(27,529) (41,582)
(663,583)
(382,195)
(3,884,173) (4,136,807)
Increase / (decrease) in accmals and other payables | 2,339,928 | (3,232,390) |
1,672,150 | (3,614,585) | |
Cash used in operationa | (2,212,023) | (7,751,392) |
Taxes and levies paid | (917,744) | (13,188) |
Net cash used in operadng activities | (3,129,767) . | (7,764,580) |
Cash nowe from investing activi€es | ||
Mark-up received on loan to an Associated Company | 8,000,OOO | 5,500,000 |
Short term investments - net | 0 | (250) |
Net cash generated from Invesdng activñles | 3,000,000 | 5,499,750 |
Cash Aowe from ñnancing activhies |
4,195) | 0 | |
(133,962) | {2,264,830) | |
1,466,650 | 2,475,931 | |
fi,332y688 | 211,101 |
Dividend paid
Net decreaee in catg and caah equivalen%
Cash and caah equivalent - at &giFlningif the period Caah anclc sh »«UiValen@ - at end of the period
The annexed nOtes 1 to 14 form aI*i integra! a**Of'he*e°OFIdeFl* diFl%fifTl^l"IaFI°ia! State°'eI'tS
*HC Chief Executive Offlc6f Ql OtOF Chlef Financial Officer