TEL: 051-2650805-7 FAX: 051-2651285-6
f?IIASHMA SUGAR MILLS LIMITED
King's Arcade, 20-A, Markaz F-7, Post Box No.1529, Islamabad
July 28, 2025
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road
Karachi.
Re: FINANCIAL RESULTS FOR THE OUARTER AND LINE MONTHS Ei"4DED JUNE 30, 2025
We would like to inform you that the Board of Directors of the Company, in the Meeting held on Monday, July 28, 2025 at 11.00 has approved the following financial results for the Quarter and Nine months ended June 30, 2025:
Three month period ended
june 30, jure 30,
2025 2024
(Restated}
Nine month period ended
June 30, June 30,
2025 2024
(Restated)
---------------- Rupees in thousand ----------------
Sales - net | 5,483,469 | 10,209,966 | 15,436,357 | 22,147,850 | ||||
Cost of sales | (4,423,915) | (10,062,518) | (14,031,911) | (1S,I 42,265) | ||||
Gross profit | 1,059,550 | 147,448 | 1,404,446 | 3,005,585 | ||||
Selling and distribution expenses | (245,245) | (222,717) | (814,073) | (G89,311) | ||||
Administrative and general expenses | (382,665) | (304,636) | (J,049,926) | (902,824) | ||||
Other income | 81,080 | 35,506 | 716,727 | 199,890 | ||||
Other expenses - net | (2,009) | 13,293 | (4,024) | 3,175 | ||||
Ptofit/(lose) from operations | SI 0,71I | (333,106) | 253,150 | t,G1G,5J5 | ||||
Finance cost - net | (828,958) | (1,3 5,19G) | (2,663,468) | (3,250,148) | ||||
(Loss) before revenue tax and income tax | (318,247) | (t,G48,302) | (2,410,318) | (T,G33,633) | ||||
Final taxes - levy (Losa) before income tax | (G8,594) (38G,841) | Q5$6) (663,458) | (t3 7 (2503990) | (55,404) (T,G89,037} | ||||
Income tnx expenses | 147,285 | 133,793 | l,;22,017 | 203,943 | ||||
(Loss) for the period | (239,556) | (1,529,845) | (i,48S,094) | |||||
(Loss) per share-basic and diluted (Rs) | (8.35) | (53.32) | (â1.76) |
The Nine nths reports of our Company will be submitted electronically through PUCAM as per PSX Noti e No. SX/N-5036 dated September 03, 20t8.
(Muja ' Ba ir)
Com y Secretary
Factories: CSM I - University Road, Dera Ismail Khan Tel: (0966) 750090-91 Fax: (0966) 750092
: CSM II - Ramak, Dera Ismail Khan Tel: (096ñ) 756365, 756368 Fax: (0966) 756327
: Chashma Ethanol Fuel Plant- Ramak, Dear Ismail Khan Tel: (0966) 756023
June 30, | June 30, | June 30, | June 30, | ||
2025 | 2024 | 2025 | 2024 | ||
IJote --------Rupees in '000 -------- | |||||
Gross sales | 23 | 6,218,147 | 11,660,591 | 17,471,771 | 25,051,276 |
Sales ta , other government levies and discounts | 22 | (734,678) | (1,450,625) | (2,035,414j | (2,903,426) |
Sales - net | 5,483,469 | 10,209,966 | 15,436,357 | 22,147,850 | |
Cost of sales | (4,423,919) | (10,062,518) | (14,031,911) | (19,142,265) | |
Grossprofil | 1,059,550 | 147,448 | 1,404,446 | 3,005,585 | |
Selling anddistributionexpenses | (245,245) | (222,717) | (814,073) | (689,311) | |
Administrative and general expenses | (382,665) | (304,636) | (1,049,926) | (902,824) | |
Olherincome | 81,080 | 33,506 | 716,727 | 199,890 | |
Other expenses-net | (2,009) | 13,293 | (4,024) | 3,175 | |
Profit/(loss)fromoperatlons | 510,711 | (333,106) | 253,150 | 1,616,51d | |
(828,958) | (1,315,196) | (2,663,468) | (3,250,148) | ||
(318,247) | (1,648,302) | (2,410,318) | (1,633,633) | ||
Final taxes - levy | (68,594) | (15,336) | (193,672) | (55,404) | |
Loss before Income tax | (386,841) | (1,663,638) | (2,603,990) | (1,689,037) | |
Income tax expenses 25 | 147,285 | 133,793 | 1,122,017 | 203,943 | |
Loss for the period | (239,556) | (1,529,845) | (1,481,973) | (1,485,094) | |
CHASHMA SUGAR MILLS LIMITED
CONDENSED INTERIM STATEMENT OF PROFIT 0R LOSS (UN-AUDITED) FOR THE QUARTER AUD NINE M0kTHS PERIOD ENDED JUNE 30, 2025
Quarter ended
Nine months period ended
•........... Rupees ............
Loss per share
basic and diluted
(8.35)
(53.32)
(51.65)
(51.76)
Director / Chlef Executive
Director
Chief Financial Officer
ChASHMA SIGAR i¥IILLS LIIYIITED
CONDENSED lNTERl#I STATE8EIJT OF CHATIGES IB EgUITY (IJH•AIJDITEDj FOR TflE NINE MONTHS PERIOD ENDED JUffE 30, 2025
equipment
..............Rupees j# •ggg..............
Balance as a!October 01, 2023(Acted)
Tobl osmpiehasiYe loss lor be nine aonfh
yenederdedJrre30,2024
Loss for the period
Offler comprehensive loss for the period
286,920 327,0@ 8,148,726 f,775,450 14,N8,096
Transfer or aoxunt of inoeuenlal dep:eciatun
Ck J#dnd atñe rae d Rs pe oNmp sire fo‹the yezrerdat SepBmber 30, 2023
Balance as at Joe 30, 2024 |Ua-bvdJed)
Tolal apprehensive bss lor bie nine monlh
peJod erded Jure 30,2025
Loss for be geriod
Oder compre#esñe incorw for the genod
-
ElfecI ol change inelfectiye fax sale
(1,481,973) (1,481,973)
t,@2,000 - 1,002.000
accoml of irlcrernenlal depreciation
ug0ndisposal of revalued assets
Balance as at June JB, 2#35(un s«dited)
(1,481,973) (1,481,973
85,385 | 147,391 | |
(802,609] | 291.523 | |
(1,124,990) | (676,464} | |
t579,0y8) | (22,401) |
Additions to property, plant and equipment | ||||||||
Sale proceeds of operating fixed assets | ||||||||
Increase In long term investment Profit on bank deposit received Mark-up earned on term depository receipts | ||||||||
Mark-up Income on loan to a related party | ||||||||
Net cash generatad fTOm / (used In) lnvestlng actlvjtJea | ||||||||
Long lerm finances - net Short term finances - net | ||||||||
Loan repaid to re|ated party | ||||||||
Lease liabilities • new Finance cost paid | ||||||||
Encashment of TDR | ||||||||
Oividend paid Net cash (used In} / generated from financing actlvltlee | d 1 6,84g | |||||||
Net decrease In cash and cash equivalent | {10,626,63g) | (7.227,031) | ||||||
Cb8h and caah equivalents - at beginning pt Qg p6r1od | (2,127,991) | (2,610,917} | ||||||
Caah and cash equlvalenta - at end of the peñod | (g ggy gig) | |||||||
CHASHMA SUGAR MILLS LIMITED
CONDENSED INTERIM STATEMENT OF EACH FLOWS (UN•AUDTTED)
FOR THE NINE MONTH9 PERIOD ENDED JUNE 30. 2025
lint month erioa endd
Nate
•Rupees In '000 - •
Loss for be period before taxation
Adjustmens for nOn-cash charges and other items-Depreciation on property, plant & equipment
Ge in on disposal of operating fixed asgets Profit on daposil accounts
Mark-up earned on lerm depository receipts Mark-up income on loan to a related pany Finance cost
Provision for staff retirement benefits - gratuity Final taxes - levy
(2,604,990)
(1,689,037)
1,306,685
(16,307)
(1,238}
{444,4é2)
(197,215)
2,663,468
1,206,842
{14,483)
(3.193)
(65,506)
(54.002)
3,250,148
(Increase) / decrease in current assets: Stores and spares
Trade deb Is
Trade deposits and other receive blew
(dfl,6S£,62
(8j80,59
Increase / (decrease) Tn current llabllltlee:
Trade and ofher payables
Casn ueed in operating activities Income taxes and levies paid
Staff retirement benefits (gratuity) • paid Net cash used in operatlng act}v}ties Cash flow from lnvaetlng actlvltlea
(8,037,811)
(6,664,899)
(5,442} (2.062)
(8,430,359)
(7,105,078)
Cash and bank balenoos
Short term running finance - secured
22
12
1,268,903
360,498
(14,023,530} (10,198,447)
(12,75J,627) (9,837.949)
The annexed notes form an integral part of these condensed interim financial statements.
Director I Ghref Executive
t177.466 | |
41.184 | |
{106,000) 1,238 | (fl2d,00O) 3.193 $$ $gg |
197,21$ | 54,002 |
4,1O7,dd4 | (538,601) |
(t,$$3,y# g) | (796,713} 3.783.5&4 |
(10.625) | (15,618 |
(109,424) (2,302,828) | |
(4 42,353} |