Goc (pak) Ltd.PSX: GOC

Financial Results for the Quarter ended 31-12 2025

· Issued by Goc (pak) Ltd.

GOC (Pak) Limited

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi

Subject: financial Results/or the Halfyear Ended Oecem6er 31, 2025

Dear Sir

FORM-7

February 26, 2026

We have to inform you that the Board of Directors of our company in their meeting held on February 26, 2026 at 11:00 a.m. at Sialkot has approved the un-audited accounts for the half year ended December 31, 2025, recommended thefollowing:

  1. Cash Dividend

  2. Bonus Shares

  3. /tigfir Sharer

  4. dny Other £ntit/ement/Corporate dction

  5. Any Other Price Sensit/v'e Information

Nil Nil Nil



Un-auditedfinancial results of the Company for the Half Year ended December 31, 2025 is attached as "Annexures".

The Half Yearly Report of the Company for the period ended December 31, 2025 will be transmitted through PUCARS separately, within the specified time.

for G Pak) Limi ed

S a dJ

Company S retary



Yours sincerely

Small Industries Estate, Sialkot - 5131 0, Pakistan.

Tel: +92-52-3563051-521 3555338 Fax: +92-52-3551252 Cell: +92-302-8714005

E-mail: info@gocpak.com

GOC (PAK) LIMITED

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2025

Un-audited

31 December

Audited

30 June

2025

2025

NON-CURRENT ASSETS

Rupees

Rupees

Property, plant and equipment

145,889,900

150,383,041

Long term investments

29,259,026

29,069,356

Long term deposits

2,980,562

2,980,562

178,129,488

182,432,959

CURRENT ASSETS

Stores, spare parts and loose tools

8,886,004

6,542,484

Stock in trade

314,943,884

292,128,044

Trade debts

58,890,692

13,043,024

Advances

45,280,453

38,621,986

Short term investment

88,592,583

125,148,253

Advance income tax and prepaid levy - net

17,226,229

15,677,894

Trade deposits and short term prepayments

5,621,384

749,331

Other receivables

4,479,132

4,040,635

Cash and bank balances

52,111,038

91,476,675

596,031,399

587,428,326

CURRENT LIABILITIES

Trade and other payables

70,902,542

91,113,465

Unclaimed dividend

1,518,444

1,478,152

72,420,986 92,591,617

NET ASSETS 701,739,901 677,269,668 REPRESENTED BY: Share capital and reserves

Authorized share capital

10,000,000 (30 June 2025: 10,000,000) ordinary shares of Rupees 10 each

100,000,000

100,000,000

Issued, subscribed and paid up share capital

7,349,341 (30 June 2025: 7,349,341) ordinary shares of Rupees 10 each

73,493,410

73,493,410

Reserves

628,246,491

603,776,258

Total equity

701,739,901

677,269,668

Contingencies and commitments

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR



GOC (PAK) LIMITED

Half Year Ended

Quarter Ended

31 December

2025

31 December

2024

31 December

2025

31 December

2024

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE HALF YEAR ENDED DECEMBER 31, 2025

Rupees Rupees Rupees

Rupees

SALES

270,474,820

188,598,916

119,258,039

119,210,834

COST OF SALES

(188,088,984)

(131,918,276)

(88,038,002)

(83,733,437)

GROSS PROFIT

82,385,836

56,680,640

31,220,037

35,477,397

DISTRIBUTION COST

(12,031,776)

(12,224,651)

(6,191,436)

(8,218,976)

ADMINISTRATIVE EXPENSES

(36,981,927)

(38,289,587)

(18,011,074)

(20,454,341)

OTHER EXPENSES

(3,012,596)

(2,164,283)

(698,804)

(1,127,262)

(52,026,299)

(52,678,521)

(24,901,314)

(29,800,579)

30,359,537

4,002,119

6,318,723

5,676,818

OTHER INCOME

6,964,823

11,491,235

2,912,472

3,715,950

PROFIT FROM OPERATIONS

37,324,360

15,493,354

9,231,195

9,392,768

FINANCE COST

(488,277)

(531,149)

(273,391)

(216,468)

36,836,083

14,962,205

8,957,804

9,176,300

SHARE OF PROFIT OF EQUITY ACCOUNTED INVESTEE

244,924

1,494,387

(361,959)

428,356

PROFIT BEFORE LEVY & TAXATION

37,081,007

16,456,592

8,595,845

9,604,656

LEVY

(1,811,344)

(4,663,886)

(1,384,013)

(867,593)

PROFIT BEFORE TAXATION

35,269,663

11,792,706

7,211,832

8,737,063

TAXATION

- Current

(3,394,835)

(657,035)

4,504,964

(1,556,094)

- Prior year adjustment

-

(18,709)

-

(18,709)

- Share of tax of associate

(460,682)

8,538

(352,845)

189,763

(3,855,517)

(667,206)

4,152,119

(1,385,040)

PROFIT AFTER TAXATION

31,414,146

11,125,500

11,363,951

7,352,023

EARNINGS PER SHARE - BASIC AND DILUTED 4.27 1.51 1.55 1.00

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR



GOC (PAK) LIMITED

Half Year Ended

Quarter Ended

31 December

2025

31 December

2024

31 December

2025

31 December

2024

CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UN-AUDITED) FOR THE HALF YEAR ENDED DECEMBER 31, 2025

PROFIT AFTER TAXATION

Rupees

31,414,146

Rupees

11,125,500

Rupees

11,363,951

Rupees

7,352,023

OTHER COMPREHENSIVE INCOME / (LOSS)

Items that will not be reclassified to profit or loss:

Surplus / (Deficit) arising on remeasurement of investment at fair value through other comprehensive income

405,428

(33,864)

(68,433)

34,662

Items that may be reclassified subsequently to profit or loss

-

-

-

-

Other comprehensive income / (loss) for the period

405,428

(33,864)

(68,433)

34,662

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD

31,819,574

11,091,636

11,295,518

7,386,685

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR



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

SHARE CAPITAL

RESERVES

TOTAL EQUITY

CAPITAL

REVENUE

TOTAL RESERVES

Capital reserve

Fair value reserve FVTOCI

investment

Sub total

General reserve

Unappropriated Profit

Sub total

GOC (PAK) LIMITED

…..................................................................................................... Rupees ….....................................................................................................................

Balance as at 30 June 2024 (Audited)

Transaction with owners - Final dividend for the year

73,493,410

1,000,000

387,486

1,387,486

104,455,492

486,668,060

591,123,552

592,511,038

666,004,448

ended 30 June 2024 @ Rupee 2.00 per share

-

-

-

-

-

(14,698,682)

(14,698,682)

(14,698,682)

(14,698,682)

Income for the period ended 31 December 2024

-

-

-

-

-

11,125,500

11,125,500

11,125,500

11,125,500

Other comprehensive income for the period ended 31 December 2024

-

-

(33,864)

(33,864)

-

-

-

(33,864)

(33,864)

Total comprehensive income for the period ended 31 December 2024

-

-

(33,864)

(33,864)

-

11,125,500

11,125,500

11,091,636

11,091,636

Balance as at 31 December 2024 (Un-audited)

73,493,410

1,000,000

353,622

1,353,622

104,455,492

483,094,878

587,550,370

588,903,992

662,397,402

Balance as at 30 June 2025 (Audited)

73,493,410

1,000,000

562,446

1,562,446

104,455,492

497,758,320

602,213,812

603,776,258

677,269,668

Transaction with owners - Final dividend for the year ended 30 June 2025 @ Rupee 1.00 per share

-

-

-

-

-

(7,349,341)

(7,349,341)

(7,349,341)

(7,349,341)

Income for the period ended 31 December 2025

-

-

-

-

-

31,414,146

31,414,146

31,414,146

31,414,146

Other comprehensive income for the period ended 31 December 2025

-

-

405,428

405,428

-

-

-

405,428

405,428

Total comprehensive income for the period ended 31 December 2025

-

-

405,428

405,428

-

31,414,146

31,414,146

31,819,574

31,819,574

Balance as at 31 December 2025 (Un-audited)

73,493,410

1,000,000

967,874

1,967,874

104,455,492

521,823,125

626,278,617

628,246,491

701,739,901

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR



GOC (PAK) LIMITED

CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN-AUDITED) FOR THE HALF YEAR ENDED DECEMBER 31,2025

31 December 2025

31 December 2024

CASH FLOWS FROM OPERATING ACTIVITIES Rupees Rupees

Profit before taxation and levy Adjustment for:

37,081,007

16,456,592

Depreciation on property, plant and equipment

6,616,277

8,599,669

Profit on deposit accounts

(2,053,018)

(2,265,638)

Dividend income

(4,863,874)

(9,225,597)

Share of profit of associated company

(244,924)

(1,494,387)

Loss on disposal of property, plant and equipment

(47,931)

6,249

Finance cost

488,277

531,149

(105,193)

(3,848,555)

Net cash generated from operating activities before working capital changes

36,975,814

12,608,037

Increase in current assets

Stores, spare parts and loose tools

(2,343,520)

237,175

Stock in trade

(22,815,840)

(59,157,791)

Trade debts

(45,847,668)

27,449,177

Advances

(6,658,467)

2,521,185

Short term investment

36,555,670

13,089,465

Trade deposits and short term prepayments

(4,872,053)

(2,110,994)

Other receivables

(521,160)

(295,336)

(Decrease) / Increase in current liabilities

(46,503,038)

(18,267,119)

Trade and other payables

(23,657,493)

(10,197,306)

Cash generated used in / from operations

(33,184,717)

(15,856,388)

Finance cost paid

(488,277)

(531,149)

Income tax paid

(3,307,944)

(8,061,497)

Net increase in long term deposits

-

(827,168)

Net cash (used in) / generated from operating activities

(36,980,938)

(25,276,202)

CASH FLOWS FROM INVESTING ACTIVITIES

Capital expenditure on property, plant and equipment

(2,595,205)

(2,368,025)

Proceeds from disposal of property, plant and equipment

520,000

240,000

Profit on deposit accounts received

2,135,681

2,432,834

Dividend income

4,863,874

9,225,597

Net cash from investing activities

4,924,350

9,530,406

CASH FLOWS FROM FINANCING ACTIVITIES

Dividend paid

(7,309,049)

(14,460,448)

Net cash used in financing activities

(7,309,049)

(14,460,448)

Net decrease in cash and cash equivalents

(39,365,637)

(30,206,244)

Cash and cash equivalents at the beginning of the period

91,476,675

60,585,088

Cash and cash equivalents at the end of the period

52,111,038

30,378,844

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR



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