Financial Results for the Quarter Ended 30 June, 2025

FFL/HO/CS/ July 24, 2025

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building, Stock Exchange Road, Karachi.

fouji foods

Dear Sir,

We have to inform you that the Board of Directors of our company in their meeting held on July 24, 2025 at 12:00 p.m. recommended the following:

1. CASH DIVIDEND:

2. BONUS SHARES:

3. RIGHT SHARES:

   Nil. Nil. Nil.

4. ANY OTHER ENTITLEMENT/CORPORATE ACTION: Nil.

5. ANY OTHER PRICE-SENSITIVE INFORMATION: Nil.

The financial results of the Company and brief commentary are attached.

Half Yearly Financial Report of the Company for the period ended June 30, 2025 will be transmitted through PUCARS separately within the specified time

Enc1: As above

Brig Naveed Azam Cheema (Retd)

Yours Si cer

Company Secretary

W Head Office: 42 CCA. Ex Park View OHA Phase VIII, L.1hnir + u2-42-3 7136a 5- 17 ww'v.faijiloods.cu•r

Brief Commentary FFL H1 & Q2 2025 Results

FFL achieved its highest ever PAT in H1 2025 (excluding deferred tax) of Pkr 734 million (+117.8% over SPLY) and Q2 2025 landed a PAT of Pkr 399 million (+70.6% over SPLY). The strategy to deliver margin accretive growth continues to bear fruit as H1 2025 also recorded the company's highest half yearly revenue of PKR 14.9 bn (+33.4% over SPLY) and Q2 2025 revenue hit PKR 6.98 bn (+22.3% over SPLY).

Absolute Gross Margins grew by 29% vs SPLY and Q2 2025 by 22% vs SPLY respectively. In H1 2025 FFL achieved operating profit of PKR 941 Mn, an increase of 28% vs SPLY while Q2 2025 operating profit of Pkr 479 Mn an increase of 21% vs SPLY.

Revenue PKR Mn Net profit after tax PKR Mn

,11,159

B H1 'Z4 B H1 '2S ¥ H1'24 B H1'25

FFL has consistently outperformed the industry over several quarters, reflecting the strength of its strategy and execution. The diversification of the product portfolio, including the successful addition of Cereals and Pasta, is expected to continue driving robust growth in both topline and bottom-line performance.

Guided by its vision of "Unleashing Pakistan's promise in everything we touch," the Company continues to invest boldly in growth and capability development. With a clear strategic direction, expanding product base, and strong organizational foundation, we are confident that FFL has all the right levers in place to deliver long-term, profitable growth and create lasting impact on the national landscape.

FAUJI FOODS LIMITED

UNCONSOLIDATED CONDENSED INTERIAI STATEMENT OF FINANCIAL POSITION

MATJUNRqo,eozg

BQU£¥Y AND LIABILITIES

Note

(/zz-auditedJ June 3o, zoz5

(Audited) December 3+.

{Kapees}

ASSRTS

Note

(Un-audited) June 3o,

{Audited}

S›are capital and reserves

Authorized share capital

z,8oo,ooo,ooo tDecember 3i, soz-4: z,8oo,ooo,ooO) ordinary shares of Rs. io each

Issued, subscribed and paid up share capital Capital Reserves

Share preniiuin Acquisition Reserve

Surplus on revaluation of property,

plant and equipment - net of tax

Revenue Reserve

Accumulated loss

I'Tor-curreztt liahititzes

Lease liabilities

Employee retirement benefits

Current liabilities

Current portion of long term liabilities Trade and other payables

Loans payable to Ultimate Parent Company

Undaimed dividend Accrued finance cost

e8,ooo,ooo,ooo e8,Ooo,ooo,ooo_

1o,3Sz,i61,433 9 575•594 496

4 59

]68, 4 ,oz6 9.391.5.3

*93›u6q›485

9›39!,8i7 °9l *.767.96o,ioa

Non-current assets

Property, plant and equipment Intangible assets

Investment in Subsidiary Company Security deposits

Deferred taxation - net

Current acsets

Stores, spares and loose tools Stock-in-trade

Trade receivables from contract with customers loans and advances

Deposits, prepaynients and other receivables Accrued interest

Tax refunds due from Government Cash and cash equivalents

• Cash and bank balances

• Short term investments

10

s.sss.8oi,8o8

*3

*4

1O,jH1,jj6,2O3

9,RQO,l24›°7*

9.87°•748,°3

n. 37.°q8,oo9

CooG»gtncitspndcommibntnts

o.037,*48,oog 18,$69,8yu,io8

..liiof Financial Officer

The annexed notes from i to a6 form an integral part of these unconsolidated condensed interim financial statements.

Ci aii•inazt Chicf Execulis e Oiiicer

Director

FAUJI FOODS LIMITED

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED) row TnE so-MONTH ANnTHREE.-NfONTH PERIOD ENDED JUNE 3o, zoz5

Six-month ended lime 3o

Tbcee-zrtozztfi ende4

June so

Note

ZOZ5

(Rupees)

* >4

(Rupees)

zoz5

(Rupees)

2O2r#

(Rupee)

Revenue from contracts with customers - net Cost of revenue

Gross profit

Marketing and distribution expenses Administrative expenses

Net impairment loss on financial assets

Profit from operations

*5 !4•884›9 *›98q ii,1S8,856,883 6,gz7.66s.z68 5.7 0•397›76s

16 (ie,ia6,ss6,17>) (9,O*4•676,q93) (5• 39›528,198) (4›597•O67›>78)

>›758,846,8 7 >›+44›+79›89O 1,338,137 7 1,1o6.33 •4 7

(1,36o,69s.i56) (l,O1§,dO5,39 ) (66d, 7›93 ) (4 q,614›58s) (4>7.64 ,8ss) (35*.931,435) (i8z,643,783) (i8g.s o,iiiJ

- (*3.543.269) - (>3›543›269) 97O,Oio,8o6 753.>99•7 8 49+i48s.dl7 4 8,6s .s a

'efE''izzauciat 0:£dcer

The annexed notes from i to e6 form an integral part of these unconsolidated condensed interim financial statements.

Chakman Chief Executive Officer Director

FAUJI FOODS LIMITED

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF COMPLEX-PENSIVE TNCOME i N-xuoITED) FoR mz sm-MONTH AND THREE-MONTH PERIOD ENDED JR so, noe5

Six-monfhended

Junego

Three-month ended June 3o

2OD5 ZO*4 > *5 * *4

(Rupees) (Rupees) (Rupees) (Rupees)

ProKtforthepenod

Other comprehensive income:

Items that may be reclassified to profit or loss in subsequent periods (net of tax)

Items that will not be reclassified to profit or loss in subsequent periods (net of tax)

Total comprehensive income for the period

7y6,566,937 365,*+7›497 4!5,lO3,567 *5*›95 ,6e;r

;ry6,566,937 365,117.497 4*5,lO3.567 °5•.sso,6z7

The annexed notes from i to z6 form an integral part of these unconsolidated condensed interim financial statements.

cial Officer

Chairman Chief Executive Officer Director

FAUJI FOODS LIMITED

UNCONSOLIDATED CONDENSED INTERIA'i STAMMENT OF CHANGES IN EQUITY (UN-AUDITED) FOR THE SIX-MONTH PnRIOD BNoED JUNE 3o, eras

Capital reserve Revenue reserve

Share

capital

Share

Premium

Share deposit

money

revaluaaort of property, pant and equipment - xcet of

eesez•ve

Accumulated

loss

TotsA

(»7!9›999,212)

(2,35O,0OO,OOI)

f>›7+9i994›8+81

(*•35 ›OOO,OOI)

(>›7!9,994›212)

(5› 9›994›>t8)

recognised directly in equity:

Acquisition reserve

Reclassification of share deposit money into loan

Revaluation surplus realized through disposal of operating fixed assets

Incremental depreciation relating to surplus

{86,6z1,177J

86,6zi,iy

Incremental depreciation relating to surplus on revaluation - net of tax

zp,199,631›S9°

1 8O1,O82,$O¿

balance as at June to, zoz5 fun-audited)

(56.319›57Oi 56,3+9›57

The annexed notes from l to zG form an integral part of these unconsolidated condensed interim financial statements.

Chairman Chief F,xecutive Officer

FAUJIFOODSLIMITED

CONSOLIDaIWDCO ENSRDINTERIMST#KWENTOFCASHFLOWG(UVAUDEPED)

rORjjqESoGMONTTIPERIODBWDED4UNE&o,zoz5

Cash flows I -om operating acoviñes Profit before income tax

Adjustment to reconcile profit before tax to net cash dows:

Depreciation on property, plant and equipment amortization on ROUA

amortization of intangible assets Provision for sales tax on tea whitened Provision for saies tax refundable

Gain on disposal of property, plant and equipment Provision for obsolete stock-in-trade

Write-off of stores, spares and loose tools Writmoff of stock-in-trade

Advances to supplier written off Income tax refundable written of Profit on saving accounts

Profit on Term Deposit Receipts (TDRs) Income from loan to subsidiary Company

Allowance for expected tredit losses on trade recévables Proinsion for Worker's Profit Participauon Fund Provision for Worker's Welfare Pund

Pro›xsion for employee retirement benefits

eoeg

{Bupees} i,ti6,ozy,863

3*4•935›53+ e8,82o,689

L 9997°

(4›875,786)

a,5oo,ooo

l2,**3›°°

{67›05 •595J (+78.o6›,93 ) (6,88s.39*J

63,y86,z88

°8.848i48q

**›793•398

z,8y6,604

688,64q,667

899›846›749

•o.9u,6o9 996,366 a54,629,o91

59,ogo,og2 (2,0$6.O49J

16,476

'Z›9V.Sio

* 4 4%*43

IS 948,501

z4,uzg,8zj

*3›S43•069 37•858,zS6 t5›468›189

*8›944, 7°

Finance cost

e5,64s,o89 1Op76.3 6

Cash generated from operations

Income tax and levy paid Employee retirement benefiu paid

'Net cash generated from operating aetiviaes

Cash flow fz•om investing activities

Acquisihon of property, plant and equipment Acquisifion of intangible assets

Safe proceeds from disposal of property, plant and equipment Profit on saving accounts received

Profit on TDRS received

Net cash generated from investing activities

Cash flow from financing activiaes Repayment of principal portion of lease liabilities Finance cost pai8

Net cash used in financing activities

Net increase in cash and cash equivalent

+7›045,839

(972,821,9o9)

(t64›+7o,89?')

{39,¿$6,885)

l›438›87°• 5°

8o,8z$,764

*65,083.7 8

s,66o,21g,g6p

(56,g88,9431

(S8,zio,szi)

£58•380,473)

(85›369.4 6)

1,40q,643.9^3

Cash and cash equivalent - at beginning of the period Cash and cash equivalents - at end oJ the period

Cash and cash equivalents comprise of the following:

g,O04. 97› 34 *•38 •840,O28

4,**7.955.4* 8.7+5.834•94+

• Cash and bank balances

• Short term investments

  The annexed notes from i to a6 form an integral part of these unconsolidated condensed interim financial statements.

  Chairman Chief Executive Officer Director

  e,ip,op,4zo

  Office

  
  
  

  +,958,ooO,0Oo

  7 5.834.S4^

  :t,g5O,OOO,OO 0

  FAUJI FOODS LIMITED

  CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

  AS A7 JITNE :jo, ooze

  RQUITY AND LIABILITIES

  Share capital and reeet-vee Authorized share capital

  z,8oo,ooo,ooo (December 3 , •°i4- 2,8oo,ooo,ooo)

  ordinary shares of Rs. io each

  Issued, subscnT'ed and paid up share capital

  Capital Reserves Share premium Acquisition Reserve

  Surplus on revaluation of propeny,

  plant and equipment - net of tax

  Revertce Reserve

  Accuraulated loss

  Non-current liabilities Lease liabilities

  Deferred taxation - net Provision for dismantling Employee retirement benefits

  Current poztioa oftong tera liabilities Trade aad otber payables

  Loaos payable to Ultimate Pareat Cozapazty

  Onclaizaed dtvideod Accrued fzaance cost

  Note

  6

  7

  
  
  

  (Un-audited) June 3o,

  * *5 (Rupees)

  *5,+9g,63+,390	z5,tgg,63 .39
  i,8oi,o8z,3o3	'• °4°#°•3°3
  ñ.847+ao,6ge)	(e,847 93O,69e)
  8,t87,q$g,o8$	2,*47.***,**
  fi6,oqi,s32,2S3)	+@®8S439•798)

  z8;ooo,ooo,ooo

  3@437459	8*4.554.358
  e6,572,OO0	3i,998,ooo
  5*4.000	473•000
  68,84B,0z6

  lO,R49,l89.33

  
  
  

  s5.7 O,z6o	5*, 78›7*5
  3›4°6,6St,z;r;r	^• 35•S03.355
  5 9°8 SS4•893	5.9O8,$54•6g3
  965,752	965,75°
  	4•°58•74+

  9.4!i,87t,98z

  (Audited) December *,

  *o84

  (Rupees)

  28,ooo,ooo,ooo

  9•5O855 49+

  3$6.426,8d*

  8,8oi,i6i,•7*

  MSETS

  Non-current asaets

  Property, plant and equipment Intangible assets

  Security deposits

  Cuz•rent assets

  Stores, spares and loose tools Stock-in-trade

  Trade receivables from contract with customers loans and advances

  Deposits, prepayments and other receivables Accrued interest

  Tax refunds due from Government

  Cash and cash equivalents

• Cash and bank balances

• Short term investments

Note

10

a2

13

{I/n-audited} June go, zozs

{RupeeeJ

io, 6,6gi,os°

(Audited} December ac,

*0*4 (Rupeeg)

9 $g8,i64,842

g,O94›z68,79i

i8,6s*•433,633

Contingencies and commitments

*°. 7*•U2.798

The annexed notes from i to •s fotm an integral part of these consolidated condensed interim financial statements.

Cbief Execuave Officer

FAUJI FOODS LIMITED

CONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDTTHD) FOR THE Sm-MONTH AND THREE-MONTH PERIOD ENDED JUNE ;jo, zoos

Six-monthended June3o

Three-monihended Sune o

Note

(Rupees)

* *4

(Rupees)

**5

ooze (Rupees)

href Financial Officer

The annexed notes from i to s form an integral part of these consolidated condensed interim financial statements.

FAUJI FOODS LIMITED

CONSOLIDATED CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UN-AUDITED) FOR THE SIX-MONTH AND THREE-MONTH PERIOD ENDED JUNE go, aoz5

Six-monfhended

Junego

Threernon€hended June o

**5

(Rupees)

* *4 zoz6

(Rupees) (Rupees)

°°*4

(Rupees)

Profit for the period

Other comprehensive income:

Items that may be reclassified to profit or loss in subsequent periods (net of tax)

Items that will not be reclassified to profit or loss in subsequent periods (net of tax)

Total comprehensive income for the period

734.333. 4^ 337›*++›*77 39 ›936,5z{$ *33› 55.3 8

734•333.84O 337›*11,l 398,936.543 >33›85s.so8

The annexed notes from 1 to •s form an integral part of these consolidated condensed interim financial statements.

T Financial Officer

Chairman Chief Executive Officer Director

FAUJI FOODS LIMITED

CONSOLIDATED CONDENSED OPTIMUM STATEMENT OF CHANGES HV EQUTTY (UN-AUDITED) FOR THE SIK-MONTH PERIOD ENDED JUNE go, aoz5

Capital reserve Re 'ectue regecve

Surplus on

Ghare capital

Share

Premium

Sliace deposit money

revaluation of property, plant and equipment - rtet oC

Acquisition reserve

Accumulated Total

------------------------------------------------------- Rupees---------------------------------------------------------------------------------------

Balance as at January a, oozg. (auditedJ

Profit afier taxation for the period

Other comprehensive income for the period Total comprehensive income for the period

Transactions with owners in their capacity as owners recognised directly in equity:

Acquisition reserve

Redassification of share deposit money into loan

Revaluation surplus realized through disposal of operating fixed assets

Incremental depreciation relating to surplus

s5, qq,63!•39 ›,8O ,og•,3 3 2,35o,ooo,oo1 a,446,561,* 7

(2,668›753.874J

{2,ggO,OOO,OO1)

(e,668.753•874J

(*›3S •OOO,OOS}

(2,) O,OOO,OOI)

{86,6si,i )

(z,668›7S3 74a

(17,74'i847•84'l +4• 55.4°7•o6o

ts.°i8.753.8751

86,6:zi,1Z;r

recognised directly izz equit:y:

Revaluation surplus realized through disposal of operating fixed assets - net of tax

Incremental depreciation relating to surplus on revaluation - net of tax

Balance as at June 3o, zoos (un-audited)

The annexed notes from k to 25 form an integral part of these consolidated condensed interim financial statements.

Chatczaan Chief Executive OfEcer

£s6,3!9›S7 )

Diredor

FAUJI FOODS LIMITED

CONSOLIDATED CONDRNSED D4TRR1M STATEMENT OF CASH FLOWS (UN-AUDTFED)

zoo me siX-MONTH PBRIOD ENDED JUNE so, zozs

5W-mootbended Juneao

zoz5

zoc4

CashfowafromoperatñngacKiHea

Profit before income tax

Adjustments to reconcile profit before tax to net cash fiowr: Depreciation on property, plant and equipment Amortization on ROUA

Amortization of intangible assets Provision for sales tan on tea whitened Provision fot sales tax refundable

Gain on disposal of property, plant and equipment Provision lot obsolete stock-in-trade

Write-off of stores, spares and loose tools Write-off of stock-in-trade

Advances to supplier written off Income tax refundable written ofi Profit on saving accounts

(Rupees)

1,o68, o,766

336.37353+

sg,sg ,68g

(4.7L786)

z,5oo,ooo

ia,su$,8oO

@ttspeea)

3°6Jz8¿49 V.S@%379 996/J6O

sg#,6zz, si g,ogo,ogz (z,o 6,°49)

i6476

D•9'Lfio

*°*• 4*'%3

g, 8,5o*

Profit on Term Deposit Receipts (TDRS)

Allowance tor expected credit losses on trade receivables

(iy8,o61›93°) t82O›397•785J

z3,s43,u69

Provision for Worker's Profit Participation Fund 9toi,onfottVorker'sWefareFund Pcoisionforemployeersbementbenedte

6ga86z88 z8z4o48q

.793.39®

i836,6oq

37. S8,s$6

tg,q6:z,t8g

18, ,o;ro

Finance cost

Operating profit before working capital changes

Worthing capital adjustments: (Increase) / decrease in current assets:

Stores, spares and loose tools

Stock•in-trade Trade debts

Loans and advances

Deposits, prepaymenu and other receivables Asset held for sale

Sales tax refundable

Increase in current liabilities Trade and other payables

Cash generated fzom ogeratcons

38,›z4,o8g z6,o84.756

*•354.sg6,3 8 +.394›573• 8*

f44› 38›954l (4•9›8 5 84*l S78,7'74,7di

ñ6q,y8q,484

(POO,2BO,8@)

-

(549iRoy,1tR)

(43,6s6,°3°1 838•339,86z (;563.958•33!7 f78.538 0i6)

5 497•9S°

a6z,655•°57

(zs1,q68,a99)

(379,•39•9O3) *98,9o6,993

479.+7+,748

go _ sy3,3oi;, z6q

**454•868,S55 *,667,8y8,34S

Cash and cash equivalents - at beginning of the period Cash and cash equivalents - at end of the period

Cash and cash equivalents comprise of the following:

• Cash and bank balances

• Short term investments

The annexed notes from c to zs form a• tntegrBlpan of these consolidated condensed interim Anancial statements.

Chairman ChiefSxecutzve OfEcez• D*FeClOF

3•°°8,9S°.°34 *•3°6,794,966

_ iy 68z,qzo 6

a,i8s682,42o /66,jzz,9g,

i,g5o,ooo,ooo i,95o,ooo,ooo

_ _gijc,68z4*o 6