Transmission of Half Yearly Report - GHANI CEMWORLD LIMITED

December 2025

Faith... Experience... Innovation... Growth...

Chemistry in action.....

BOARD OF DIRECTORS

Masroor Ahmad Khan, Chairman

Atique Ahmad Khan, Chief Executive Officer Hafiz Farooq Ahmad

Saira Farooq Hafsa Masroor Mehmood Ahmad Hafiz Imran Lateef

BOARD COMMITTEES

AUDIT & RISK MANAGEMENT COMMITTEE

Mehmood Ahmad, Chairman

Hafiz Farooq Ahmad Hafsa Masroor

HR&R AND COMPENSATION COMMITTEE

Hafiz Imran Lateef, Chairman Saira Farooq

Atique Ahmad Khan Hafiz Farooq Ahmad

NOMINATION COMMITTEE

Atique Ahmad Khan, Chairman Hafiz Farooq Ahmad Mehmood Ahmad

EXTERNAL AUDITORS

Ilyas Saeed & Co., Chartered Accountants 108-J-3, Model Town, Lahore.

Tel: 042-35868849

MANAGEMENT TEAM

Zubair Siddiqui, President

Asim Mahmud, Director Finance / CFO Farzand Ali, GM Corporate / Company Secretary Syed Sibtul Hassan Gilani, GM Procurement Hafiz Muhammad kifayat, Manager Plant

SHARE REGISTRAR

Digital Custodian Company Limited

4F, Pardesi House, Old Queens Road, Karachi. Tel: 021-32419770

MANUFACTURING PLANT

Plot No. 13-24, Zone B,

Hattar Special Economic Zone, Distt. Haripur.

Tel: 0311-4899149

REGIONAL MARKETING OFFICE

C-7/A, Block F, Gulshan-e-Jamal Rashid Minhas Road, Karachi.

Ph: 021-34572150

REGISTERED/CORPORATE OFFICE

10-N, Model Town Ext, Lahore. UAN: 111 GHANI 1 (442-641)

Fax: (092) 042-35160393

E-mail: info.gcwl@ghaniglobal.com

Website: https://www.ghaniglobal.com/ghanichemworld

Ghani ChemWorld Limited 01 Half Yearly - December 31, 2025

‌DEAR SHAREHOLDERS,

Assalam-o-Alaikum Wa RehmatUllah Wa Barakatoh

The Directors of your Company are pleased to present the unaudited reviewed condensed interim financial statements of the Company for the half year ended December 31, 2025, along with the review report of the Auditors thereon, in compliance with the requirements of the Companies Act, 2017.

FINANCIAL PERFORMANCE

During March 2025, the entire Calcium Carbide Project, including all assets, liabilities, and properties were transferred from Ghani Chemical Industries Limited (an associated company) to your Company in compliance with the sanction of the demerger/merger scheme by the Honorable Lahore High Court vide its order dated February 20, 2025, in C.O. No. 65259 of 2024.

After the successful commissioning of the first-of-its-kind project in Pakistan under the supervision of Chinese and European experts, your Company formally commenced the production process of the import-substitute Calcium Carbide (and its related products) during the last week of December 2025. This milestone marks a significant step towards strengthening the country's indigenous market. The project has been built to modern technological standards and shall meet both domestic and export market demands for Calcium Carbide (and its related products), which are key inputs in various industrial processes.

During the period under review, there were no sales recorded due to ongoing trial production and product validation with prospect customers. A comparison of the key financial results of your Company for the half year ended December 31, 2025, with the same period of last year is as follows:

Subsequent to the reporting date, after meeting the applicable safety and custody requirements under the Explosives regulatory framework, the Company initiated dispatch processes on receipt of customer orders.

FUTURE PROSPECTS:

In addition to local sales, the Company is also exploring export markets in the Middle East and other countries.

Your Company is also actively setting up a Precipitated Calcium Carbonate (PCC) manufacturing plant. This would be another innovative product with primary applications in the paints, paper, and rubber industries.

ACKNOWLEDGEMENTS

Indeed, all growth in the Company's business would not have been possible without the Will and Blessings of ALMIGHTY ALLAH. The Board of Directors wishes to express its gratitude to valued shareholders, banks and financial institutions, and suppliers for their continued support, cooperation, and patronage. We also wish to place on record the dedication, hard work, and diligence of the Company's executives, staff, and workers.

For and on behalf of Board of Directors

Lahore:

February 27, 2026

ATIQUE AHMAD KHAN

(Chief Executive Officer)

HAFIZ FAROOQ AHMAD

(Director)

‌Particulars

Gross Sales Sales - net Gross profit

Administrative & general expenses Other Income

Operating Loss Finance Cost

Share of profit from associated Company Profit after taxation

Earnings / Loss per share

December 31 2025 December 31 2024 (Rupees) (Rupees)

- -

- -

- -

4,676,224 210,852

467,912 -

4,208,312 210,852

458,090 -

150,074,085 -

145,407,683 210,852

0.581 4.217

<-»yfi"'-›"i:z!i›«" "" " " "

2026

27

iworldwide

‌Ilyas Saeed & Co.

108-J-3, Model Town, Lahore - Palcistan T : +92 42 3586 B849, 3586 1852

E info@ilyassaced.com

INDEPENDEF'iT AUDITOR'S REVfiEW REPORT

TO THE dRNBERS OF GHONI CHEIYiWORLD LIiVfITED

REPORT On REVIEW OF INTERIM rkNANC aL sTaTEftENTS

Iotro4uction

We have reviewed the accompanying condensed interim statement of° financial position of Gbant ChemWorld Limited ("che Coasp••y"j as at Deceosber 31, 202£ and the related condensed interim statemenc or profit or 1oss and other comprehensive income, condensed interim staccmcnt of changes in equity and condensed interim statement or cash flows, and notes to the condensed interim financial statements ru dt< hur y<< ded (hcrc-in-after referred to as the "condensed interim financial statemenu"}. Manegment is responsible for the preparation

and presentation of these condensed incerim

reporting standards as applicable iw Pakieten for interim financial reporting. Our responsibility is to express a

conclusion on these condensed interim financial satcmenu based on our review.

We conducted our revtcw in accordance with International Standard on Review Engagements 2410, "Jtev/en' a/ interim ''inaztcial I ormaiion Pefiormad by rAe /nde/zczuA•nr Judiior o/ihe Eniizr". A review ofcondensed interim financial statements consists of making inquiries. primarily oJ° persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audic conducted in accordance with Intcm8tionel Standards on Auditing and consequently does not eneble us to obtain assurance thas we would become eware of all significant maocrs that might be identified in an audiE- Accordingly, we do not express an audit opinion.

Basod on our review. nothinBhas come to our attention tfiet causes us to believe that the accompanying condensed interim financial statements aze not prepared. in all material respects, in accordance with approved accounting and zeponing suztderds ss applicable in Pakistan for interim financial reporting.

The figures offhe condensed interim ssatemmi orprofit or loss and other comprehensive income, condensed interim statement of changes in equity and condensed intwim statement of cash flows for the quarter ended 31 December 2025 and 31 December 2024 have not bosn reviewed, as we arc rcquimd to review only the cumulative ng» ror the half-year ended 31 December 2023.

The comparative information for the condensed interim staternmt ofprofit or loss and other comprchcnsivc insomc. the condensed interim statement or changes in equity and the condensed interim statement ofcash flows, andrelated

0Ot09,

3 i Docrmbcr 2024 were not audited or reviewed, as the Company became listed on

the Pakistan Stock Exchange on 24 April 2025.

The engagement partner on rhe ccview resulting in this independent audicor's review report is Bushra Sana.

1Iyas Saeod A Co. Chartered Accountants L8hort

Dated: February 27,2026

UDIN: RR2025 l027tE7eb4gmsX

llyas Saeed & Co, is a parincrihip firm rrgisicrcd in Pa£istan and an independent member of MGI Worldwide. z ncMork of independent accounting. audinng. ian and consutting firms worldwide.

‌GHANI CHEMWORLD LIMITED

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (UN-AUDITED)

AS AT DECEMBER 31, 2025

The annexed notesfrom 1 to 22form an integral part of these condensed interimfinancial statements.

Atique Ahmad Khan

Chief Executive Officer

Asim Mahmud

Chief Financial Officer

Hafiz Farooq Ahmad

Director

‌GHANI CHENLWORLD LIMITED

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (UN-AUDITED)

FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2025

Half year ended Quarter ended

December 31, December 31, December 31, December 31,

2025 2024 2025 2024

Rupees Rupees Rupees Rupees

Sales - - - -

Costofsales - - - -

Grossprofit/(loss) - - - -

Operating expenses:

Administrative and general expenses (4,676,224) (210,852) (3,647,612) (187,508) Other income 467,912 - 367,407 -Operating profit / (loss) (4,208,312) (210,852) (3,280,205) (187,508)

Finance cost (458,090) - (458,090)

Share ofprofit from Associated Company 150,074,085 -Profit before levy and taxation 145,407,683 (210,852)

Levy

85,226,662

81,488,367

(187,508)

Profit / (loss) before taxation

Taxation

Net profit / (loss) for the year

145,407,683 (210,852)

145,407,683 (210,852)

81,488,367

81,488,367

(187,508)

(187,508)

Other Comprehensive Income - - -

Total Comprehensive Income for the period 145,407,683 (210,852) 81,488,367 (187,508)

-Earnings / loss per share - Basic

and Diluted 0.581 (4.217)

0.326

(3.750)

The annexed notesfrom 1 to 22form an integral part of these condensed interimfinancial statements.

‌GHANI CHEMWORLD LIMITED

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED) FOR THE HALF YEAR ENDED DECEMBER 31, 2025

The annexed notesfrom 1 to 22form an integral part of these condensed interimfinancial statements.

‌GHANI CHEMWORLD LIMITED

CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN-AUDITED)

FOR THE HALF YEAR ENDED DECEMBER 31, 2025

The annexed notesfrom 1 to 22form an integral part of these condensed interimfinancial statements.

‌GHANI CHEMWORLD LIMITED

NOTES TO THE CONDENSED INTERIM FINANCIAL STATEMENT (UN-AUDITED) FOR THE HALF YEAR ENDED DECEMBER 31, 2025

1. THE COMPANY AND ITS OPERATIONS

   Ghani ChemWorld Limited (the Company) having a CUIN 0265009 was incorporated in Pakistan under the Companies Act, 2017 as a limited company on July 31, 2024 and was subsequently listed on psx on April 24, 2024. The principal line of business of the company is to manufacture, produce, refine, process, formulate, acquire, convert, sell, distribute, buy, import, export or otherwise deal in all types of chemicals, basic drugs, all types of acids etc.The registered office and head office of the Company are situated at 10-N, Model Town Extension, Lahore whereas production facility is situated at plot No. 13 to 24 B3 & B4 Zone Hattar Special Economic Zone, Dhorian Chowk Near Tanoli Filling Station Hattar, Haripur. The Company has not commenced its commercial operations till the reporting date.

   The Company is a subsidiary of Ghani Global Holdings Limited, which holds 139,952,994 ordinary shares of the Company representing 55.949% of its paid-up capital as at reporting date.

   Pursuant to a Scheme of Arrangement and Reconstruction under Sections 279 to 282 of the Companies Act, 2017, duly sanctioned by the Honorable Lahore High Court on February 20, 2025, the Calcium Carbide Division of Ghani Chemical Industries Limited (GCIL) was demerged and transferred to Ghani ChemWorld Limited (GCWL) as a going concern.

2. BASIS OF PREPARATION

   1. Statement of Compliance

      These condensed interim financial statements have been prepared in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting. The accounting and reporting standards applicable in Pakistan for interim financial reporting comprise of:

      • International Accounting Standard (IAS) 34, 'Interim financial reporting', issued by the International Accounting Standards Board (IASB) as notified under the Companies Act, 2017 (the Act);

      • Islamic Financial Accounting Standards (IFASs) issued by the Institute of Chartered Accountants of Pakistan as notified under the Act; and

      • Provisions of and directives issued under the Companies Act, 2017.

        Where provisions of and directives issued under the Companies Act, 2017 differ from the IFRSs, the provisions of and directives issued under the Companies Act, 2017 have been followed.

   2. These condensed interim financial statements do not include all of the information required for annual financial statements and should be read separately along with annual financial statements.

   3. These condensed interim financial statements are un-audited but subject to limited scope review by the external auditors and being submitted to the shareholders as required by the Listing Regulation ofPakistan Stock Exchange Limited and Section 237 of the Companies Act, 2017.

   4. Basis of measurement

      These condensed interim financial statements have been prepared under the historical cost convention.

   5. Critical accounting estimates, assumptions and judgments

      The estimates and underlying assumptions are reviewed on on-going basis. Revisions to accounting estimates are recognized in the period in which the estimates are revised.

      Significant areas requiring the use of management estimates in these financial statements relate to the useful life of depreciable assets, provision for doubtful receivables, and provision for taxation. However, assumptions and judgments made by management in the application of accounting policies that have significant effect on the financial statements are not expected to result in material adjustment to the carrying amounts of assets and liabilities in the next year.

      ‌GHANI CHEMWORLD LIMITED

3. SUMMARY OF MATERIAL ACCOUNTING POLICIES

The accounting policies and methods of computation which have been used in the preparation of this condensed interim financial information are the same as those applied in the preparation of the annual audited financial statements for the preceding year ended 30 June 2025.This interim financial information does not include all the information and disclosures required in the annual financial statements, and should be read in conjunction with the Company's annual audited financial statements for the year ended 30 June 2025.

not been early adopted by the Company.

There are certain amendments and interpretations to the accounting and reporting standards that will be mandatory for the Company's annual accounting periods beginning on or after July 01, 2025. However, these will not have any material impact on the Company's financial reporting and, therefore, have not been disclosed in these interim financial statements.

1. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

   The preparation of this condensed interim financial information in conformity with approved accounting standards requires management to make estimates, assumptions and use judgments that affect the application of policies. Estimates, assumptions and judgments are continually evaluated and are based on historical experience and other factors, including reasonable expectations of future events. Revisions to accounting estimates are recognized prospectively commencing from the period ofrevision.

   In preparing this condensed interim financial information, the significant judgments made by management in applying the Company's accounting policies and the key sources of estimation and uncertainty were the same as those applied to the financial statements as at and for the year ended 30 June 2025.

   The Company's financial risk management objectives and policies are consistent with those disclosed in the financial statements as at and for the year ended 30 June 2025.

2. PRESENTATION AND FUNCTIONAL CURRENCY

   The condensed interim financial information is presented in Pak Rupees, which is the Company's functional and presentation currency.

3. RECTIFICATION OF ERROR

   The carrying amount of investment in associate as at 30 June 2025 has been restated, with corresponding decrease inretained earnings. The comparative amounts of condensed interim statement ofprofit or loss for the six months ended 31 December 2024 remain unaffected.

   Effect of restatement - As at 30 June 2025

   Description	As Previously Reported	As Restated	Increase /
   	----------------------------Rupees--------------------------

   Investment

   Unappropriated Profit / Retained Earnings

   1,123,819,533 1,073,286,696 (50,532,837)

   75,387,663 24,854,826 (50,532,837)

   There is no impact on the Company's basic and diluted EPS and no impact on total operating, investing and financing cashflows for the comparable interim period ended 31 December 2024.

   ‌GHANI CHEMWORLD LIMITED

   		Un-audited	Audited
   8 PROPERTY, PLANT AND EQUIPMENT	Note	31-Dec-25 Rupees	30-Jun-25 Rupees
   Operating fixed assets	8.1	298,231,981	298,584,963
   Capital work-in-progress	8.2	2,964,054,897	2,455,639,104
   		3,262,286,878	2,754,224,067
   8.1 Operating fixed assets - tangible Opening book value		298,584,963
   Add: Addition during the period	8.1.1		298,907,521
   		298,584,963	298,907,521
   Less: Depreciation charged during the period		(352,982)	(322,558)
   Closing book value		298,231,981	298,584,963
   8.1.1 Transfer under Scheme of Compromises, Arrangement and Reconstruction for Demerger / Merger	Note
   Land leasehold		293,480,000	293,480,000
   Furniture and fixtures		3,325,253	3,325,253
   Office equipment's		150,248	150,248
   Computers		205,371	205,371
   Vehicles		1,746,650	1,746,650
   		298,907,522	298,907,522
   8.2 Capital work in progress - at cost
   Opening balance Transfer under Scheme of Compromises, Arrangement and Reconstruction for Demerger / Merger		2,455,639,104	1,915,010,251
   Add: Addition during the period		508,415,793	540,628,853
   Closing balance		2,964,054,897	2,455,639,104

   During the year, borrowing cost at the rates ranging from 12.20% to 13.35% per annum amounting to Rs.71.23 million has been included in the cost ofplant and machinery.

   Restated

   9 INVESTMENT	Note	Un-audited 31-Dec-25 Rupees	Audited 30-Jun-25 Rupees
   Investment in Ghani Chemical Industries Limited		1,073,286,696	1,035,515,088
   Share ofprofit from associated company		150,074,085	88,304,445
   Effect ofrestatement			(50,532,837)
   		1,223,360,781	1,073,286,696

   Investment in 70,000,000 equity shares of Ghani Chemical Industries Limited representing 12.271% shareholding, which is accounted for as an associate using the equity method. The investment is made under a Scheme of Arrangement, Compromise, and Reconstruction for demerger/merger, as approved by the Honorable Lahore High Court vide order dated February 20, 2025.

   10 LOAN AND ADVANCES	Note	Un-audited	Audited
   Unsecured, considered good		31-Dec-25	30-Jun-25
   Advances to:		Rupees	Rupees
   - employees against expenses		1,686,786	903,721
   - suppliers and contractors		309,479,807	254,615,864
   		311,166,593	255,519,585

   ‌GHANI CHEMWORLD LIMITED

   11 DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES
   Trade deposits	280,000	25,228,011
   Prepayment	2,172,851	60,485
   Bank profit receivable	1,260	1,260
   	2,454,111	25,289,756
   12 SHARE CAPITAL
   12.1 AUTHORIZED SHARE CAPITAL
   260,000,000 ordinary shares ofRs. 10/- each	2,600,000,000	2,600,000,000
   10,000,000 partially redeemable shares ofRs. 100/- each	1,000,000,000	1,000,000,000
   	3,600,000,000	3,600,000,000
   12.2 ISSUED, SUBSCRIBED AND PAID UP SHARE CAPITAL
   50,000 Ordinary shares ofRupees 10 each fully paid in cash	500,000	500,000
   250,093,950 ordinary shares ofRs. 10/- issued for consideration other than cash i.e. Scheme of Compromises, Arrangement and Reconstruction for Demerger / Merger	2,500,939,500	2,500,939,500
   	2,501,439,500	2,501,439,500
   13 REDEEMABLE CAPITAL - SUKUK
   Long term certificates	800,000,000	800,000,000
   Current portion grouped under current liabilities	(150,000,000)	(50,000,000)
   	650,000,000	750,000,000

   The Islamic certificates (Sukuk) are rated, privately placed, secured under Section 66 of the Companies Act, 2017, to finance capital expenditure at Hattar Industrial Estate. The Sukuks are long-term, redeemable instruments with a profit rate of 3-month KIBOR plus 1.25%. Principal repayment will start 24 months after the final disbursement and will be made in 16 quarterly instalments. These instruments are secured by a first part passu charge over present and future fixed assets, including a 25% margin.

   1. SHORT TERM BORROWINGS - SECURED

      Istisna financing - Facility I	14.1	150,000,000
      Istisna financing - Facility II	14.2	249,999,750
      		399,999,750

      1. The Company has obtained short-term financing under an Istisna arrangement of PKR 150 million for working capital purposes. The facility carries profit at KIBOR + 1.10% per annum.

         The facility is secured by a first part-passu charge over current assets ofPKR 200 million and the corporate guarantee of Ghani Chemical Industries Limited.

      2. The Company has a short-term Istisna facility ofPKR 250 million for working capital requirements related to calcium carbide production. Profit is KIBOR + 1.50% per annum.

         The facility is secured by a ranking charge over current assets of PKR 334 million, personal guarantees of sponsor directors, and the corporate guarantee of Ghani G1oba1 Holdings Limited.

         	Note	Un-audited	Audited
         15 TRADE AND OTHER PAYABLES		31-Dec-25 Rupees	30-Jun-25 Rupees
         Trade creditors		95,953,357	42,567,721
         Accrued liabilities		2,187,264	5,271,594
         Payable to related party		544,985,200	279,201,486
         Temporary book overdraft - unsecured		12,429,263	7,821,283
         Other Payables		129,800
         Payable to employees' provident fund		3,428,333	464,761
         Withholding income tax		7,858,811	5,973,926
         		666,972,028	341,300,771

         ‌GHANI CHEMWORLD LIMITED

         1. CONTINGENCIES AND COMMITMENTS

            There were no contingencies and commitments to report at the reporting date (30 June 2025: nil).

         2. TRANSACTIONS WITH RELATED PARTIES

            Related parties comprise of Holding, Subsidiary and Associated Companies, directors of the Company, key management personnel and staff retirement benefit fund. The Company in the normal course of business carries out transactions with various related parties. Details of related parties with whom the Company has transacted along with relationship and transactions, other than those which have been disclosed in these unconsolidated financial statements, were as follows:

            Name of related party

            Ghani Global Holdings Limited Ghani Gases (Private) Limited Ghani Power (Private) Limited Ghani Chemical Industries Limited Ghani Global Glass Limited Kilowatt Labs Technologies Limited

            Ghani Logistics (Private) Limited (Formely A One Prefabs (Private) Limited)

            A-One Batteries (Private) Limited Ghani Global Foods (Private) Limited Ghani Engineering (Private) Limited Air Ghani (Private) Limited

            Ghani Industrial Complex (Pvt.) Ltd. Kaya Projects (Pvt.) Ltd.

            Mr. Masroor Ahmad Khan Mr. Atique Ahmad Khan Hafiz Farooq Ahmad

            Relationship

            Parent Company Common Directorship Common Directorship Common Directorship Common Directorship Common Directorship

            Common Directorship

            Common Directorship Common Directorship Common Directorship Common Directorship Common Directorship Common Directorship Director

            Director Director

            Transactions with Related Parties

            - Ghani Chemical Industries Limited (GCIL)

            Purchase from GCIL

            Note Un-audited

            31-Dec-25

            Rupees

            31,412,553

            Audited 30-Jun-25

            Rupees

            Return on advances received

            - Ghani Global Glass Limited (GGGL)

            32,455,377

            Return on advances given 80,219 Transactions with related parties are carried out on commercial terms and conditions.

         3. SEGMENT INFORMATION

            There is only one operating segment during the period.

         4. FINANCIAL RISK MANAGEMENT

            The Company's activities expose it to a variety of financial risks: market risk (including currency risk, interest rate risk and price risk), credit risk and liquidity risk.

            These condensed interim financial statements do not include all financial risk management information and

            disclosures required in the annual financial statements.

            FAIR VALUE OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES

            Fair value is the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date. Underlying the definition of fair value is the presumption that the Company is a going concern and there is no intention or requirement to curtail materially the scale of its operation or to undertake a transaction on adverse terms.

            Given below is the analysis of financial instruments, carried at fair value, by valuation method. The different levels have been defined as follows:

            ‌GHANI CHEMWORLD LIMITED

            Quoted prices (unadjusted) in active markets for identical assets or liabilities [Level 1].

            - Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices) [Level 2].

            Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs) [Level 3].

            The carrying values of all financial assets and liabilities reflected in these interim financial statements financial statements approximate their fair values.

         5. SHARIAH COMPLIANCE DISCLOSURE

            Note

            31-Dec-25 30-Jun-25

            Carried under Carried under

            Non- Shariah Shariah Non- Shariah Shariah

            arrangements arrangements arrangements arrangements

            
            
            

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

            Bank balances - deposit accounts		66,994,960	685,694
            Redeemable capital - Sukuk	13	800,000,000	800,000,000
            Short-term Islamic financing - Istisna	14	399,999,750
            Accrued profit		21,334,069	21,632,876

            31-Dec-25 31-Dec-24

            Carried under Carried under

            Non- Shariah Sh8Ff8h Non- Shariah Shariah

            arrangements arrangements arrangements arrangements

            
            
            

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

            Profit on deposit accounts Profit on Istisna Finance

            467,912

            458,090

            2,346

            The Company maintains banking relationships exclusively with Islamic windows of conventional banks and fully Shariah-compliant banks

         6. DATE OF AUTHORISATION FOR ISSUE

            These condensed financial statements were authorized for issue on February 27, 2026 by the board of directors of the Company.

         7. GENERAL

- Figures have been rounded off to nearest ofRupees.

-Corresponding figures have been Re-arranged and re-classified for the purpose ofbetter presentation. However, there are no material reclassification to report.

Atique Ahmad Khan

Chief Executive Officer

Asim Mahmud

Chief Financial Officer

Hafiz Farooq Ahmad

Director

‌Corporate Office:

10-N, Model Town Ext., Lahore 54000, Pakistan. UAN: 111 GHANI 1 (442-641)

Tel: 042 35161424-5, Fax: +92 42 35160393

https://www.ghanichemworld.com / https://www.ghaniglobal.com