The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi
July 29, 2025
Dear Sir/Madam,
Subject: ANNOUNCEMENT OF FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2025
We would like to inform you that the Board of Directors of Engro Powergen Qadirpur Limited ("the Company") in their meeting held on July 29, 2025, at 2:00 p.m. at Karachi, reviewed and approved the unaudited financial results of the Company for the second quarter ended June 30, 2025 and recommended the following:
-
CASH DIVIDEND
An interim Cash Dividend for the second quarter ended June 30, 2025 at Rs. 2.5 per share i.e. 25%. This is in addition to the interim cash dividend already paid at Rs. 7.5 per share i.e. 75%.
-
BONUS SHARES
NIL
-
RIGHT SHARES
NIL
-
ANY OTHER ENTITLEMENT / CORPORATE ACTION
NIL
- ANY OTHER PRICE-SENSITIVE INFORMATION
The financial results are attached as Annexure "A-1 to A-4".
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on Monday, August 11, 2025.
BOOK CLOSURE DATESThe Share Transfer Books of the Company will be closed from Tuesday, August 12, 2025 to Wednesday, August 13, 2025 (both days inclusive). The transfers received in order at the office of the Company's share registrar, M/s. FAMCO Share Registration Services (Private) Limited, 8-F, near Hotel Faran, Block 6, PECHS, Shahra-e-Faisal, Karachi PABX Nos. (92-21) 34380101-5 and email: info.shares@famcosrs.com by the close of business (5:00 p.m.) on Monday, August 11, 2025 will be treated in time for the purposes of payment of an interim cash dividend to the transferees.
The Quarterly Report of the Company for the second quarter ended June 30, 2025, will be transmitted through PUCARS separately, within the specified time and shall also be made available on our website https://www.engroenergy.com/epql.
Yours faithfully,
For and on behalf of
ENGRO POWERGEN QADIRPUR LIMITED Saqib Rafique, FCA
Company Secretary
Cc: The Director / HOD
Listed Companies Department, Supervision Division Securities & Exchange Commission of Pakistan
NIC Building, 63 Jinnah Avenue, Blue Area Islamabad
ENGRO POWERGEN QADIRPUR LIMITED
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (UNAUDITED) AS AT JUNE 30, 2025
(Amounts in thousand)
Annexure A-1
Unaudited Audited June 30, December 31,
2025 2024
ASSETS
Non-current assets
Property, plant and equipment Intangible assets
Long-term loans and advances Long-term deposits
Current assets
Inventories Trade debts
Short-term investments
Loans, advances and prepayments
Other receiVables Accrued income Taxes recoverable Balances with banks
TOTAL ASSETS
EQUITY AND LIABILITIES
Equity
Share capital Share premium
Maintenance reserve Unappropriated profit
Total equity LIABILITIES
Current liabilities
Trade and other payables Unclaimed dividend Accrued interest / mark-up Short-term borrowings
Total liabilities
Contingencies and commitments TOTAL EQUITY AND LIABILITIES
9,956,424 10,244,551
140,087 155,374
9,072 9,960
2,574 2,574
10,108,157 10,412,459
946,252
2,204,516
1,254,327
104,204
752,153
3,495
31,975
208,892
959,965
9,295,210
140,666
579,502
30,775
28,468
5,505,814 11,034,586
15,613;971 21,447,045
3,238,000 3,238,000
80,777 80,777
1,322,223 1,425,647
7,585,336 9,450,490
12,226,336 14,194,914
1,486,081
19,784
83,783
1,797,987
3,110,040
19,890
136,412
3,985,789
3,387,635 7,252,131
15,613 971 21 447 045
ENGRO POWERGEN QADIRPUR LIMITED
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (UNAUDITED) FOR THE HALF YEAR ENDED JUNE 30, 2025
(Amounts In thousand except for earnings per share)
Annexu<>
Quarter ended Half year ended
June 30, 2025 | June 30, 2024 | June 30, 2025 | June 30, 2024 | ||||
- - | -- Rupees ----------------- | '------------------ Rupees ------------------ | |||||
Revenue | 2,163,776 | 3,503,638 | 5,257,770 | 6,591,824 | |||
Cost of revenue | (1,984,920) | (2,627,252) | (4,611,689) | (5,258,923) | |||
Gross profit | 178,856 | 876,386 | 646,081 | 1,332,901 | |||
Administrative expenses | (90,734) | (68,955) | (198,975) | (171,517) | |||
Other expenses | (30,039) | (18,974) | (31,424) | (22,883) | |||
Other income | 6,258 | 1,290 | 7,457 | 1,507 | |||
Profit from operations | 64,341 | 789,747 | 423,139 | 1,140,008 | |||
Finance income - net | 30,917 | 236,625 | 56,910 | 474,235 | |||
Sindh Wofkers' Profits Participation Fund | |||||||
and Sindh Workers' Wel(are Fund | |||||||
Profit before taxation | 95,258 | 1,026,372 | 480,049 | 1,614,243 | |||
Taxation | (19,928) | (1,291) | (20,127) | (4,519) | |||
Profit for the period | 75,330 | 1,025,081 | 459,922 | 1,609,724 | |||
Other comprehensive income for the perlod | |||||||
Total comprehensive income for the period | 75,330 | J,025,081 | 459,922 | ,609,724 | |||
Earnings per share - basic and diluted | 0.23 | 3.17 | 1.42 | 4.97 | |||
ENGRO POWERGEN QADIRPUR LIMITED
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UNAUDITED) FOR THE HALF YEAR ENDED JUNE 30, 2025
Annexure A-3
(Amounts in thousand)
Reserves
- --------- Capital ----------- ------ Revenue -•---
Share Share Maintenance Unappropriated
capltal premium reserve profit TotalBalance as at January 1, 2024 (Audited) | 3,238, 000 | 80,777 | 948,156 | 10,215,675 | 14,482,608 |
Total comprehensive income for the half year ended June 30, 2024 | 1,609,724 | 1,609,724 | |||
Transactions with owners' | |||||
Final dividend for the year ended December 31, 2023 @ Rs. 1.5 pef share | (485,700) | (485,700) | |||
Transfer from unappropriated profit (note 10) | - | 175,702 | (175,702) | - | |
Balance as at June 30, 2024 (Unaudited) | 3,238,000 | 80,777 | 1,123,858 | 11,163,997 | 15,606,632 |
Total comprehensive income for the | |||||
six months ended December 31, 2024 | 531,083 | 531,083 |
Transactions with owners:
1st Interim dividend for the year ended December 31, 2024 @ Rs. 3.5 per share
2nd Interim dividend for the year ended December 31, 2024 @ Rs.2.5 per share
(1,133,300) | (1,133,300) | |||
(809,501) | (809,501) |
(1,942,801) (1,942,801)
Transfer from unappropriated profit (note 10) Balance as at December 31, 2024 (Audited)
Total comprehensive income fof lhe half year ended June 30, 2025
Transactions wilh owners:
1st Interim dividend for the year ending Decembef 31, 2025 @ Rs. 7.5 per share
3,238,000
301,789
80,777 1,425,647
(301,789)
9,450,490 14,194,914
459,922 459,922
(2,428,500) (2,428,500)
Transfer to unappropriated profit - net (note 10) (103,424) 103,424
Balance as at June 30, 2025 (Unaudited)
3,238,000
80,777 1,322,223
7,585,336 12,226,336
ENGRO POWERGEN QADIRPUR LIMITED
CONDENSED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED) FOR THE HALF YEAR ENDED JUNE 30, 2025
(Amounts in thousand)
Annexure A-4
Half year ended
June 30, 2025 | June 30, 2024 | |
Rupees | ||
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Cash generated from opefations | 6,477,290 | 2,395,298 |
Taxes paid | (21,327) | (3,887) |
Interest received | 72,397 | 16,546 |
Long-term loans and advances -net | 888 | 3,927 |
Net cash generated ffom operating activities | 6,529,248 | 2,411,884 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Purchase of property, plant and equipment | (210,912) | (83,089) |
Proceeds from disposal of property, plant and equipment | 14,537 | 9,635 |
Investments made | (7,354,327) | (99,988) |
Investments encashed / matured | 6,100,000 | 99,984 |
Net cash utilised in investing activities | (1,450,702) | (73,458) |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Finance cost paid | (281,714) | (434,557) |
Short-term borrowings obtained | 735,602 | - |
Short-term borrowings repaid | (851,707) | - |
Dividends paid | (2,428,606) | (485,784) |
Net cash utilised in financing activities | (2,826,425) | (920,341) |
Net increase in cash and cash equivalents | 2,252,121 | 1,418,085 |
Cash and cash equivalents al the beginning of the period | (3,259,381) | (3,593,641) |
Cash and cash equivalents at the end of the period | (1,007,260) | (2,175,556) |