Cordoba Logistics & Ventures : Financial Results for the Quarter Ended March 2024

About this update from Cordoba Logistics & Ventures Limited

Cordoba Logistics & Ventures Limited Unconsolidated Condensed Interim Statement of Profit or Loss And Other Comprehensive Income (Unaudited) For the Nine months ended March 31, 2024 Nine months ended Quarter ended March 31, March 31, Note 2024 2023 2024 2023 (-------Rupees-------) Revenue 14 32,758,995 37,021,364 9,619,815 19,577,014 Direct cost 15 (10,606,033) (11,601,257) (2,985,544) (5,685,622) Gross profit 22,152,962 25,420,107 6,634,272 13,891,392 Administrative expenses (9,667,014) (12,219,108) (1,832,565) (1,538,068) Operating profit 12,485,948 13,200,999 4,801,707 12,353,324 Income on disposal of long term investment - 5,000,000 - - Other income 16 17,439,943 5,371,398 6,628,106 538,150 Finance cost 17 (13,833,460) (2,838) (4,560,388) - Profit before taxation 16,092,430 23,569,559 6,869,424 12,891,474 Taxation 18 (1,940,064) (4,255,825) (3,697,650) (2,191,551) Profit after taxation 14,152,366 19,313,734 3,171,774 10,699,923 Other comprehensive income - - - - Total comprehensive income 14,152,366 19,313,734 3,171,774 10,699,923 Earning per share - Basic & diluted (Rs.) 0.20 0.27 0.04 0.15 The annexed notes form an integral part of these unconsolidated condensed interim financial statements. Chief Executive Officer Chief Financial Officer Director Cordoba Logistics & Ventures Limited Consolidated Condensed Interim Statement of Profit or Loss And Other Comprehensive Income (Unaudited) For the Nine months ended March 31, 2024 Nine months ended Quarter ended March 31, March 31, 2024 2023 2024 2023 Note (-------Rupees-------) Revenue 13 258,133,151 37,021,364 93,026,005 19,577,014 Direct cost 14 (106,619,482) (11,601,257) (38,307,385) (5,685,622) Gross profit 151,513,669 25,420,107 54,718,621 13,891,392 Administrative expenses (14,229,814) (12,219,108) (4,600,490) (1,538,068) Operating profit 137,283,855 13,200,999 50,118,131 12,353,324 Share of profit/(loss) from associate (1,513,922) - (1,239,341) - Income on disposal of long term investment - 5,000,000 - - Other income 15 5,681,734 5,371,398 2,461,101 538,150 Finance cost 16 (66,657,085) (2,838) (25,433,272) - Profit before taxation 74,794,581 23,569,559 25,906,618 12,891,474 Taxation (15,749,495) (4,255,825) (10,717,365) (2,191,551) Profit after taxation 59,045,086 19,313,734 15,189,253 10,699,923 Other comprehensive income - - - - Total comprehensive income 59,045,086 19,313,734 15,189,...

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