April 28, 2025
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi.
Phone (+92) 21 34520132-5, Fax (+92) 21 34392182
E-mail info@dynea.com.pk, Web: https://www.dynea.com.pk
Subject: Financial Results for the quarter Ended March 31, 2025 Dear Sir,
We have to inform you that the Board of Directors of our company in their meeting held on April 28, 2025 at 10:30 am at Karachi,
Recommended the following:
CASH DIVIDEND NIL
BONUSSHARES NIL
RIGHT SHARES NIL
ANY OTHERENTITLEMENT/CORPORATE ACTION NIL
ANY OTHER PRICE-SENSITIVE INFORMATION NIL
The financial results of the Company are attached along with the following documents:
Financial Results
Statement of Financial Position
Statement of Changes in Equity
Statement of Cash Flows.
The Quarterly Report of the Company for the period ended March 31, 2025 will be transmitted through
PUCARS.
Yours Sincerely,
Mujtaba Hassan hanchi Company Secreta
Phone (+92) 21 34520132-5, Fax : (+92) 21 34392182
E-mail info@dynea.com.pk, Web: https://www.dynea.com.pk
DYNEA PAKISTAN LMTED
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS FOR THE QUARTER ENDED 31 MARCH 2025
(UN-AUDITED)
Nine mouths eudecl Quarter ended
31 March 2025 31 March 2024 31 11ai ch 2025 31 dial cli 2024
(328,074) | 262,491) |
(280,519) | (2G2,120) |
21,507 | (94,650) |
---------- (Rupees in '000) --- (Rupees 1u '009) -----
Turnover - net | 9,736,384 | 10,278, 572 | 3,270,804 | 3,44S,3 S 7 | |||
Cost of sales | (7,978,073) | (7,842,048) | (2,632,966) | (2.693, S7) | |||
Gross profit | 1,758,311 | 2,436,524 | 637,938 | 732,100 | |||
Selling and distribution costs | (114379) | (105,341) | |||||
Administrative expenses | (92,705) | (56,616) | |||||
(Allowance for) / Reversal of expected | |||||||
credit loss | (14,288) | ||||||
(587,086) | (639,2b"7) | (221,372) | |||||
Other income | 94,674 | 9G,827 | 23,85C | ||||
Operating profit | 1,265,899 | 1,894,054 | 440,fi24 | ||||
Finance costs | (23,654) | (18,477) | (7,760) | ||||
Other charges / expenses | (112,440) | (150,874) | (37,97.3) | ||||
(136,094) | (1b"9,361) | (45,73.3) | |||||
Profit before taxation | 1,129,805 | 1,724,733 | .394,691 | ||||
Taxation | |||||||
- current | (169,440) | (197,3 4) | |||||
- prior | |||||||
- deferred | 16,411 | 31.67 | |||||
(438,710) | (630.05?°) | (165.901) | |||||
Profit for the period | 691,095 | 309505 |
(462,185) | (714,426) |
5,221 | 120° |
18,254 | 64.217 |
Basic and diluted earnings per share
36.62 56.94
1 96
16.40
Phone (+92) 21 34520132-5, Fax (+92) 21 34392182
Web: https://www.dynea.com.pk
E-mail info@dynea.com.pk,
OYHEA PAKISTAN LIMITED
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
31 March 2025 30 June 2024 (Un-audited) (Audited)
--- -- (Rupees in '000) ------------
ASSETS NON-CURRENT ASSETS Property. planl and eq‹iipmenI | 805,355 | ||
Intangible assets | 3,727 | ||
Long-tens loans | 20,650 | 10,784 | |
Long-tems deposits | 10,400 | 10,392 | |
Deferred taxation - net | 109,938 | 91,554 | |
1,009,970 | 1,009,209 | ||
CURRENT ASSETS | |||
Stores and spares | 67,849 | 73,40b | |
Stock-in-trade | 1,965,993 | 1.917,709 | |
Trade debts | 1,991,273 | 1.534,553 | |
Loans and advances | 12,28G | 53.249 | |
Trade deposits. prepaymeilts and other receivables | 129,629 | 19.192 | |
Accrued n arl‹up | 11,035 | 40,791 | |
Short term investment | G25,697 | 6G4,327 | |
Cash and bank balances | 383,206 | 340,600 | |
5,186,968 | 4,543,827 | ||
TOTAL ASSETS | 6,196,938 | 5,553.036 | |
EQUITY AND LIABILITIES | |||
SHARE CAPITAL AND RESERVES | |||
Authorised share capital | |||
40,000.000 (June 30, 2024: 40,000,000) ordiiJary | |||
shares of Rs.5'- each | 200,000 | 200.000 | |
Issued, subscribed and paid-up capi(al | 94,362 | 94,362 | |
Revenue reserves | 4,607,612 | 4.199.603 | |
4,701,974 | 4,293,9G5 | ||
not-cuRRENT LIABILITIES | |||
Long-term financing - secured | 11,949 | ||
Deferred income | 244 | ||
Lease liabilities | 30.640 | 27.373 | |
60 640 | 39,56b" | ||
CURRENT LIABILITIES | |||
Trade and other payables | 1,175,14G | 1,049,1C4 | |
Accrued mark-up | 623 | 1,b"02 | |
Short-term running finance | 97,193 | 36.104 | |
Current maturity of long-term financing | 20,126 | 27,714 | |
Current maturity of deferred income | 6G0 | 1,664 | |
Current maturity of lease liabilities | 11,492 | 15,323 | |
Taxation - net | 121,001 | 7G,605 | |
Unclaimed dividend | 38,083 | 10,329 | |
1,464,324 | 1.219,505 | ||
COI'J TINGENCIES AND COMMITMENTS | |||
TOTAL EQUITY AND LIABILITIES | 6,196,938 | 5.553,03G | |
Main Shahrah-e-Faisal, Karachi (75400), Sindh, PAKISTAN. Phone (+92) 21 34520132-5, Fax (+92) 21 34392182
E-mail info@dynea.com.pk, Web: https://www.dynea.com.pk
DYNEA PAKISTAN LIMITED
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITYFOR THE QUARTER ENDED 31 MARCH 2025
(UN-AUDITED)Issued, | t | Revenue reserves | ||
subscribed and paid-u*' capital | General reserve | Unappropriated profit | Total | Total |
----- ----------------------- ---------- (Rupees in '000) ------------------------------------
Balance as at 30 June 2023 | 94,362 | 2,141.000 | 1,1g7,362 | 3,338.3G2 | 3,432,724 | |
Transferred to general reserve | 500,000 | (500,000) | ||||
Final dividend for the year ended 30 June 2023 @ Rs.10.00 per share | (188,724) | (188,724) | (189,724) | |||
Interim dividend for the half year ended | ||||||
31 December 2023 @ Rs.7.50 per share | (141,543) | (1't1,543) | (141.543) | |||
Net profit for the period | 1,074,650 | 1,074,650 | 1,074,650 | |||
Other comprehensive income | ||||||
Total comprehensive income for the period | 1,074,b"50 | 1,074 650 | 1,074,G50 | |||
Balance as at 31 March 2024 (un-audited) | 94,362 | 2,641,000 | 1,441,745 | 4,082,745 | 4,177,107 | |
Balance as at 30 June 2024 | 94,362 | 2,641,000 | 1,558,603 | 4,199,603 | 4,293,965 | |
Transferred to general reserve | 500,000 | (500,000) | ||||
Final dividend for the year ended 30 J‹ine 2024 @ Rs.10.00 per share | (188,724) | (188,724) | (188,724) | |||
IiJterim dividend for the half year eluded | (94,362) | (94,362) | (94,362) | |||
31 December 2024 @ Rs.5.00 per share
691,095 | 691,095 | t 691,095 |
Net profit for the period
Other comprehensive income
Total co0Jprehensive income for the period
691,095
691,095 691,095
Balance as at 31 March 2025 (un-audited) 94,362 3,141,000 1,466,612 4,607,612 4,701,974
Main Shahrah-e-Faisal, Karachi (75400), Sindh, PAKISTAN. Phone (+92) 21 34520132-5, Fax (+92) 21 34392182
E-mail info@dynea.com.pk, Web: https://www.dynea.com.pk
DYNEA PAKISTAN LIMITED CONDENSED INTERIM STATEMENT OF CASH FLOWS
FOR THE QUARTER ENDED 31 MARCH 2025 (UN•AUDITED)
31 March 2025 31 March 2024
(Rupees in '000)
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before taxation
Adjustments for now-cash and other items Depreciation on operating fixed assets Depreciation on right-of-use assets Amortisation of intangible assets Allowance for expected credit loss Finance costs
Amortization of deferred income
Gain on disposals of operating fixed assets
1,129,805
153,217 | 145,1G8 |
8,395 | 4,722 |
11,179 | 11,180 |
(21,507) | g4,656 |
23,653 | 18,477 |
(1,248) | (2,412) |
(3,578) | (3,208) |
1,724, 733
268,583
(Increase) / decrease in current assets | 1,299,916 | 1,993,316 | |
Stores and spares | 5,557 | (34,401) | |
Stock-in-trade | (148,284) | (784.407) | |
Trade debts | (435,212) | (873,033) | |
Loans aiJd advances | 40,963 | (G2,962) | |
Trade deposits, prepayments and other receivables | (110,437) | 248,924 | |
Accrued markup | 29,756 | (6,545) | |
(617,658) | (1,512,425) | ||
Increase in current liabilities Trade and other payables 127,350 432,455 | |||
809,608 | 913,346 | ||
Finance costs paid | (23,384) | (13,571) | |
Income taxes paid - net | (412,568) | (49G,g81) | |
Long-term loans and deposits - net | (9,874) | (4.429) | |
Net cash generated from operating activities | 363,782 | 398,365 | |
CASH FLOWS FROM INVESTING ACTIVI1ES | |||
Fixed capital expenditures | (148,944) | (9g, 210) | |
Short term invests eilt | 38,630 | ||
Proceeds from disposal of operating fixed assets | 7,099 | 9.905 | |
Net cash used in investing activities | (103,215) | (g9,305) | |
CASH FLOWS FROM FINANCING AC TIVITIES | |||
Repayment of loan made during the year | (20,786) | (20,78G) | |
Payment of lease rentals (net) | (564) | 5,517 | |
Dividend paid | (255,700) | (274,492) | |
Flet cash used in financing activities | (277,050) | (289.751) | |
Net increase / (decrease) in cash and cash equivalents | (16,483) | 19,299 | |
Cash and cash equivalents at the beginning of period | 302,496 795.809 | ||
Cash and cash equivalents at the end of period | 286,013 915,108 | ||
CASH AND CASH EQUIVALENTS | |||
Cash and bank balances Short-term running finance | 383,206 (97,193) | 815,108 | |
286,013 815,108