Habib Rice Products Ltd.PSX: HRPL

Transmission of Quarterly Financial Statements For the Period Ended - 31 December 2025

Feb 24, 2026 at 6:36 AM UTC · Issued by Habib Rice Products Ltd.

Iabib Rice Products Ltd.

Half Yearly Unaudited AccOunts Decenber 31, 2025

ON TITLE BACK

10-16

Condensed Notes to the Financial Statements (Un-audited)

Condensed Interim Statement of Cash Flows (Un-audited)

Condensed Interim Statement of Changes in Equity (Un-audited)

Condensed Interim Statement of Comprehensive Income (Un-audited)

Condensed Interim Statement of Profit or Loss (Un-audited)

Condensed Interim Statement of Financial Position (Un-audited)

Auditors' Report To The Members

Chairman's Review / Directors' Report

COMPANY INFORMATION

BOARD OF DIRECTORS

Executive Directors

Mr. Owais G. Habib Mr. Tufail Y. Habib

Managing Director

Non Executive Directors

Mr. Gaffar A. Habib

Dr. Howard J. Synenberg Ms. Fatemah G. Habib Mr. Adil Ahmed Chapra Mr. Asad R. Premjee

Dr. Salma Habib Mr. Faisal Adamjee

Chairman Independent

Independent Independent

(Resigned w.e.f. 21-Jan-2026)

Independent (Appointed w.e.f. 16-Feb-2026)

BOARD OF AUDIT COMMITTEE

Mr. Gaffar A. Habib Ms. Fatemah G. Habib Mr. Asad R. Premjee Mr. Adil Ahmed Chapra

BOARD OF HR AND REMUNERATION COMMITTEE

Mr. Gaffar A. Habib Mr. Tufail Y. Habib

Ms. Fatemah G. Habib Mr. Adil Ahmed Chapra

CHIEF EXECUTIVE OFFICER

Mr. Owais G. Habib

CHIEF FINANCIAL OFFICER

Mr. Jamshed Ali Khan

COMPANY SECRETARY

Mr. Muhammad Haris

AUDITORS

Grant Thornton Anjum Rahman Chartered Accountants

SHARE REGISTRAR

M/s. CDC Share Registrar Services Ltd. CDC House, 99-B, Block-B, S.M.C.H.S.,

Main Sharah-e-Faisal, Karachi.

REGISTERED OFFICE ADMINISTRATIVE OFFICES & FACTORY

2nd Floor, UBL Building, I. I. Chundrigar Road, Ahmad Habib Boulevard, Karachi - 74000, Pakistan. Hub - 90250, Pakistan.

Telephone : (021) 32411887 Telephone : (0853) 363963-5

Fax : (021) 32414581 Fax : (0853) 363819

CHAIRMAN'S REVIEW / DIRECTORS' REPORT

Half Year Ended December 31, 2025 (Unaudited)

Dear Shareholders,

The Directors of the Company present their review on the financial performance for the quarter and half year ended December 31, 2025.

During the half year under review, the Company incurred a net loss after tax of PKR 1.14 million, as compared to a net loss of PKR 79.95 million for the corresponding period of the previous year, reflecting a substantial improvement in operating performance. Furthermore, the Company reported a net profit of PKR

17.22 million for the quarter ended December 31, 2025, as compared to a net loss of PKR 10.35 million in the corresponding quarter of last year.

The significant improvement in results during the current quarter and over the half year is mainly attributable to the following factors:

Increase in both local and export sales, reflecting improved demand and market positioning.
Higher rice grinding and overall production, resulting in better capacity utilization and operational efficiency.
Reduction in repair and maintenance costs of the plant, achieved through improved maintenance planning and operational discipline.
Cost-effective laboratory testing, leading to savings without compromising quality standards.
Savings on participation in global trade shows, through selective and targeted marketing initiatives.
Reduction in local and foreign commission expenses, contributing to overall cost rationalization.
Despite the strong quarterly performance, the Company reported a marginal loss for the half year primarily due to persistent external cost pressures, including:
Steep escalation in energy costs, which continues to exert pressure on production margins.
Increased import of Sorbitol under the prevailing tax and tariff regime, adversely affecting the competitiveness of locally manufactured products.

The management continues to actively monitor these challenges and remains focused on further improving efficiencies, optimizing costs, and strengthening sales momentum in both domestic and export markets.

In closing: Please join us in our prayers to All Mighty Allah to guide the policy makers to take corrective actions necessary for safeguarding and strengthening our local Industries, Aameen

On behalf of the Board,

OWAIS G. HABIB GAFFAR A. HABIB

Chief Executive Officer Chairman

Karachi: February 16, 2026

Property, plant and equipment	4	613,021,896	581,014,206
Right-of-use assets		17,579,762	13,181,115
Long-term deposits		1,660,221	1,061,249

Stock in trade	5	584,991,938	456,946,103
Trade debts	6	40,884,129	26,305,128
Loan and advances		62,512,657	59,629,527
Trade deposits, prepayments and other receivable 12,004,028 6,290,544
Short-term deposits	7,819,241		7,819,241
Due from related party Short - term investments	7	-224,766	491,659 210,655
Taxation-net Cash and bank balances	8	105,533,000 16,816,417	99,623,653 10,933,122
		934,197,236	788,322,889
EQUITY AND LIABILITIES		1,566,459,115	1,383,579,459

ordinary shares of Rs.5 each	300,000,000	300,000,000
Issued, subscribed and paid-up share capital
40,000,000 ( June 2025:40,000,000 )
ordinary shares of Rs.5 each	200,000,000		200,000,000
Reserves	592,564,297		593,701,609
	792,564,297		793,701,609
Non current liabilities
Long term financing - secured	113,800,000		38,000,000
Lease liabilities	3,608,973		5,243,614
	117,408,973		43,243,614

Trade and other payables	9	327,969,504	288,415,210
Current maturity of gas infrastructure
development cess	10	229,344,757	229,344,757
Due to related party Unclaimed and unpaid dividend		-25,090,613	300,000 25,090,613
656,485,845				546,634,236
1,566,459,115				1,383,579,459

Iabib Rice Products Ltd.

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

AS AT DECEMBER 31, 2025 (Un-Audited)

December 31, June 30,

2025 2025

(Un-audited) (Audited)

ASSETS

Non current assets

Note

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

Current assets

Stores, spares parts and loose tools

632,261,879 595,256,570

103,411,060 120,073,257

Share capital and reserves

Authorised share capital

60,000,000 ( June 2025:60,000,000 )

Current liabilitities

Short term running finance - secured Current maturity of lease liabilities

59,684,406

14,396,565

-3,483,656

CONTINGENCIES AND COMMITMENTS

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.

OWAIS G. HABIB

Chief Executive Officer

Karachi: February 16, 2026

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

Turnover - net	12	1,233,904,461	1,045,441,974		735,942,520		598,983,884
Cost of sales		(1,091,808,499)	(966,822,472)		(637,686,755)		(524,957,874)
Gross profit		142,095,962	78,619,502		98,255,765		74,026,010
Distribution costs (47,560,098)				(62,662,570)		(27,014,983)		(39,706,504)
Administrative expenses (73,956,574)				(74,596,272)		(40,069,486)		(38,699,641)
Other expenses (2,228,032)				-		(1,497,916)		-
Other Income 499,523				5,164,218		277,319		2,221,118
Finance costs 13 (4,829,745)				(4,085,921)		(3,711,332)		(3,627,858)
Profit/(loss) before levies and income tax 14,021,036				(57,561,043)		26,239,367		(5,786,875)
Levies (15,158,348)				(12,467,318)		(9,014,956)		(9,053,991)
(Loss)/profit before income tax (1,137,312)				(70,028,361)		17,224,411		(14,840,866)
Taxation -				(9,917,572)		-		4,493,038
Net (loss)/profit
for the period (1,137,312)				(79,945,933)		17,224,411		(10,347,828)
(Loss)/earning per share-basic and diluted (0.03)				(2.00)		0.43		(0.26)

Iabib Rice Products Ltd.

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UNAUDITED)

FOR THE SIX-MONTHS PERIOD ENDED DECEMBER 31, 2025

Half year ended Quarter ended Note December 31, December 31, December 31, December 31,

2025 2024 2025 2024

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

The annexed notes from 1 to 17 form an integral part of these condensed interim financial

statements.

OWAIS G. HABIB

Chief Executive Officer

Karachi: February 16, 2026

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

Total comprehensive
(loss)/profit	(1,137,312)	(79,945,933)	17,224,411	(10,347,828)

Iabib Rice Products Ltd.

CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED)

FOR THE SIX-MONTHS PERIOD ENDED DECEMBER 31, 2025

Half year ended Quarter ended December 31, December 31, December 31, December 31,

2025 2024 2025 2024

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

Net (loss)/profit for the period

(1,137,312) (79,945,933) 17,224,411 (10,347,828)

Other comprehensive income

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.

OWAIS G. HABIB

Chief Executive Officer

Karachi: February 16, 2026

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

		Reserves
Particulars	Issued, Subscribed And Paid-up Capital	Capital Reserve	Revenue reserves		Total reserves	Total equity
		Share Premium	General Reserve	Unappropriated Profit

Balance as at July 01, 2024 (Audited)	200,000,000	10,000,000	50,000,000	689,413,604	749,413,604	949,413,604
Net loss after taxation	-	-	-	(79,945,933)	(79,945,933)	(79,945,933)
Other comprehensive income	-	-	-	-	-	-
Total comprehensive loss	-	-	-	(79,945,933)	(79,945,933)	(79,945,933)
Balance as at December 31, 2024 (Unaudited)	200,000,000	10,000,000	50,000,000	609,467,671	669,467,671	869,467,671
Balance as at July 01, 2025 (Audited)	200,000,000	10,000,000	50,000,000	533,701,609	593,701,609	793,701,609
Net loss after taxation	-	-	-	(1,137,312)	(1,137,312)	(1,137,312)
Other comprehensive income	-	-	-	-	-	-
Total comprehensive loss	-	-	-	(1,137,312)	(1,137,312)	(1,137,312)
Balance as at December 31, 2025 (Unaudited)	200,000,000	10,000,000	50,000,000	532,564,297	592,564,297	792,564,297

Iabib Rice Products Ltd.

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED)

FOR THE SIX-MONTHS PERIOD ENDED DECEMBER 31, 2025

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

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.

OWAIS G. HABIB

Chief Executive Officer

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

Karachi: February 16, 2026

Profit/(loss) before levies and taxation Adjustments for non cash Items:	14,021,036		(57,561,043)
Depreciation on operating fixed assets	4.1	22,955,152		23,258,425
Depreciation on right-of-use assets		9,171,441		7,128,829
Profit on term deposits receipts and interest on savings accounts Dividend income		(385,862) (184)		(4,862,255) (2,848)
Gain on disposal of operating fixed assets		(1,477)		-
Finance costs		1,972,767		4,085,921
Operating profit before working capital changes		33,711,837		29,608,072
Working capital changes	14	(94,817,876)		49,830,642
Cash (used in)/generated from operations		(47,085,003)		21,877,671
Taxes paid		(21,067,695)		(11,240,317)
Finance costs paid		(1,155,825)		(1,404,672)
Long term deposits -net		(598,972)		(1,061,249)
		(22,822,492)		(13,706,238)
Net cash (used in)/generated from operatig activities		(69,907,495)		8,171,433
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditure		(54,966,365)		(11,511,231)
Short term investments - net		(224,766)		-
Profit on term receipts and interest savings accounts received		390,438		4,835,344
Dividend income received		184		2,848
Proceeds from disposal of operating fixed assets		5,000		-
Net cash used in from investing activities		(54,795,509)		(6,673,039)
CASH FLOWS FROM FINANCING ACTIVITIES
Short term running financing obtained		59,684,406		-
Long term financing received		75,800,000		-
Lease rentals paid		(5,108,762)		(572,729)
Net cash generated from/(used in) financing activities		130,375,644		(572,729)
Net increase in cash and cash equivalents		5,672,640		925,665
Cash and cash equivalents at beginning of the period		11,143,777		100,732,383
Cash and cash equivalents at end of the period 8.4		16,816,417		101,658,048

Iabib Rice Products Ltd.

CONDENSED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED)

FOR THE SIX-MONTHS PERIOD ENDED DECEMBER 31, 2025

December 31, December 31,

2025 2024

(Un-audited) (Un-audited) CASH FLOWS FROM OPERATING ACTIVITIES Note --------------- Rupees ---------------

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.

OWAIS G. HABIB

Chief Executive Officer

Karachi: February 16, 2026

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

Iabib Rice Products Ltd.

NOTES TO THE CONDENSED INTERIM FINANCIAL STATEMENTS (UNAUDITED)

FOR THE SIX-MONTHS PERIOD ENDED DECEMBER 31, 2025

THE COMPANY AND ITS OPERATIONS
Habib Rice Products Limited (the Company) is a public listed company limited by shares incorporated in Pakistan on July 10, 1980 and is listed on the Pakistan Stock Exchange.The registered office of the Company is situated at 2nd Floor, UBL Building
I.I Chundrigar Road, Karachi,Sindh.The Company is engaged in the production of rice based starch sugar and proteins.The Company's primary production facility are located at its industrial complex in Hub Industrial Area, District Lasbela, Baluchistan.
BASIS OF PREPARATION
1. 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 as 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; and
  - Provisions of, directives and notifications issued under the Companies Act, 2017.
  Where the provisions of and directives issued under the Companies Act, 2017 differ with the requirements of IAS 34, the provisions of directives and notification issued under the Companies Act, 2017 have been followed.
2. These condensed interim financial statements do not include all the information and disclosures required in annual financial statements and should be read in conjunction with the Company's annual financial statements for the year ended June 30, 2025. These condensed interim financial statements are unaudited.
3. The figures of the condensed interim statement of profit or loss and condensed interim statement of comprehensive income for the three months period ended December 31, 2025 and December 31, 2024 and notes forming part thereof have not been reviewed by the auditors of the Company.
4. These condensed interim financial statements are presented in the Pakistani rupees which is also the Company's functional currency.
5. Standards, Amendments and Interpretations to Approved Accounting Standards
  1. Standards, amendments and interpretations to the published standards that are relevant to the company and adopted in the current period

There were certain amendments to accounting and reporting standards which became effective for the Company for the current period. However, these are considered not to be relevant or to have any significant impact on the Company's financial reporting and, therefore, have not been disclosed in these financial statements.

Certain amendments updating a reference to the Conceptual Framework and annual improvements have also been made to a number of standards, which have not been enumerated here for brevity.

2.5.3 Standards, amendments and interpretations to the published standards that are not yet notified by the Securities and Exchange Commission of Pakistan (SECP)

There are standards and certain other amendments to accounting and reporting standards that are not yet effective and notified and are considered either not to be relevant or to have any significant impact on the Company's condensed interim financial statements and operations and, therefore, have not been adopted by the SECP.

MATERIAL ACCOUNTING POLICIES, ESTIMATES, JUDGEMENTS AND FINANCIAL RISK POLICIES
1. The material accounting policies, estimates, judgements and financial risk policies used in these condensed interim financial statements are the same as those applied in the preparation of annual financial statements for the year ended June 30, 2025.
2. The estimates, assumptions and judgements made in the preparation of these condensed interim financial statements are substantially the same as those applied in the preparation of audited financial statements for the year ended June 30, 2025.

January 1, 2027

IFRS S2 - Climate-related Disclosures

January 1, 2027

IFRS S1 - General Requirements for Disclosure of Sustainability-related Financial Information

January 1, 2026

IFRS 17 - Insurance Contracts

January 1, 2026

Amendments regarding the classification and measurement of financial instruments

2.5.2 Standards, amendments and interpretations to the published standards that are relevant but not yet effective and not early adopted by the Company

There are standards and certain other amendments to accounting and reporting standards that are not yet effective and notified and are considered either not to be relevant or to have any significant impact on the Company's financial statements and operations and, therefore, have not been disclosed in these financial statements.

Amendments to IFRS 7 'Financial Instruments - Disclosures' and IFRS 9 'Financial Instruments':

Iabib Rice Products Ltd.

4 PROPERTY, PLANT & EQUIPMENT
Operating fixed assets	4.1	475,851,028		488,785,463
Capital work-in-progress(CWIP)	4.2	137,170,868		92,228,743
		613,021,896		581,014,206
4.1 Operating Fixed Assets
Net book value (NBV) at the beginning of the period/year		488,785,463		505,347,266
Additions / transfers during the period/year (cost) 4.1.1		10,024,240	10,952,774
Transfer from CWIP during the period/year(cost) 4.2		-	18,669,002
		498,809,703	534,969,042
Disposal during the period/year		(3,523)		-
Depreciation charged during the period / year		(22,955,152)		(46,183,579)
		(22,958,675)		(46,183,579)
NBV at the end of the period/year		475,851,028		488,785,463
4.1.1 Additions / Transfer during the period/year
	Factory building	183,739		64,147
	Plant & machinery	8,670,204		3,547,434
	Computers , office and electrical equipments	554,574		1,055,663
	Furniture & fixture	369,723		187,530
	Vehicles	246,000		6,098,000
		10,024,240		10,952,774
4.2	Capital Work-in-Progress
	At the beginning of the period / year	92,228,743		7,313,061
	Additions during the period /year	44,942,125		103,584,684
	Transfer to operating fixed assets	137,170,868		110,897,745
	during the period / year	-		(18,669,002)
	At the end of the period /year	137,170,868		92,228,743
5	STOCK IN TRADE
	Raw and packing material - in hand	223,869,571		109,510,020
	- in-transit	2,515,072		3,442,611
	Raw and packing material	226,384,643		112,952,631
	Work-in-process	18,137,163		1,263,636
	Finished goods	340,470,132		342,729,836
		584,991,938		456,946,103
6	TRADE DEBTS
	Local - unsecured	40,884,129		26,305,128
12

Iabib Rice Products Ltd.

December 31, June 30,

2025 2025

(Un-audited) (Audited) Note --------------- Rupees ---------------

Creditors	131,970,385	117,087,064
Accrued liabilities	90,579,093	76,756,912
Contract liabilities	80,332,809	88,457,801
Workers' Welfare Fund	286,144	-
Workers' Profit Participation Fund	753,010	-
Sales tax payable	18,456,713	5,515,155
Others	5,591,350	598,278
	327,969,504	288,415,210
		13

Iabib Rice Products Ltd.

7 SHORT-TERM INVESTMENTS

December 31, June 30,

2025 2025

(Un-audited) (Audited)

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

At amortised cost

Term deposit receipts (TDR)

maturity within 3 months - 210,655
maturing within 3 to 12 months 219,966 -219,966 210,655

At amortised cost

Mutual fund units 4,800 -

224,766 210,655

8 CASH AND BANK BALANCES

Bank Balances Current Account

Local Currency
Foreign Currency

8.1 & 8.2

Savings Account

8.3

Cash in hand

10,601,974 5,874,371

3,797,704 3,641,97914,399,678 9,516,350

2,416,739 1,416,772

16,816,417 10,933,122

Pak Rupee current account has been maintained with Shariah Compliant bank -Meezan Bank.
Shariah compliant bank balance - Meezan Bank Rs. 2,228,363 (June 30, 2025:
2,607,451).
These carry profit at the rate of 9.25% (June 30, 2025: 9.25% to 19%).
December 31, December 31,
2025 2024
(Un-audited) (Un-audited)
Cash and cash equivalent --------------- Rupees ---------------

Term deposit receipts - short term Cash and bank balances

200,000

16,816,417 101,458,04816,816,417 101,658,048

December 31, June 30,

2025 2025

(Un-audited) (Audited)

9 TRADE AND OTHER PAYABLES

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

3,909,120

1,965,251

4,213,456

6,388,518

December 31,	June 30,
2025	2025
(Un-audited)	(Audited)
10 PROVISION FOR GAS INFRASTRUCTURE DEVELOPMENT CESS (GIDC)	--------------- Rupees ---------------
Opening Balance	229,344,757 227,124,918
Unwinding of finance cost	- 2,219,839
Closing Balance	229,344,757 229,344,757
11 CONTINGENCIES AND COMMITMENTS
11.1 Contingencies

Outstanding letters of credit		21,559,254	-
Guarantee issued in favour of : Sui Southern Gas Company Limited	11.3	102,346,611	102,346,611
Guarantee issued in favour of KE		1,686,249	1,686,249
Purchase commitment for cogeneration plant		176,700,000	176,700,000

compliant business

1,233,904,461

1,045,441,974

FINANCE COST

Finance cost

13.1 4,829,745

4,085,921

Iabib Rice Products Ltd.

There is no significant change in the status of contingencies and commitments as disclosed in the annual audited financial statements for the year ended June 30, 2025.

December 31, June 30,

2025 2025

(Un-audited) (Audited)

11.2 Commitments --------------- Rupees ---------------

11.3 Guarantee have been issued by a commercial bank on behalf of the Company to Sui Southern Gas Company Limited in the normal course of business.

December 31, December 31,

2025 2024

(Un-audited) (Un-audited)

12 TURNOVER - NET --------------- Rupees ---------------

Revenue earned from shariah

13.1 It includes interest expense in conventional running finance and loan Rs. 2,856,978 (December 31, 2024: Nil)

Iabib Rice Products Ltd.

December 31,

2025

(Un-audited)

December 31,

2024

(Un-audited)

WORKING CAPITAL CHANGES

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

Decrease/(increase) in current assets
Stores, spare parts & loose tools	16,662,197	7,214,772
Stock in trade	(128,045,835)	18,626,820
Trade debts	(14,579,001)	(50,650,481)
Loans and Advances	(2,883,130)	(14,084,546)
Trade deposits and pre-payments	(5,718,060)	1,792,000
Due from related party	491,659	-
	(134,072,170)	(37,101,435)
Increase in current liabilities
Trade and other payables	39,554,294	86,932,077
Due to related party	(300,000)	-
Working capital changes	(94,817,876)	49,830,642

FINANCIAL RISK MANAGEMENT AND FINANCIAL INSTRUMENTS
The Company's activities expose it to a variety of financial risks: market risk (including currency risk and interest rate risk), credit risk and liquidity risk.
There have been no changes in the risk management policies during the period, consequently these unconsolidated condensed interim financial statements does not include all the financial risk management information and disclosures required in the audited annual financial statements.
1. Fair value of financial assets and liabilities
  The carrying value of all financial assets and liabilities reflected in these condensed interim unconsolidated financial statements approximate their fair values.
2. Fair value hierarchy
  Fair value is an amount for which an asset could be exchanged, or a liability settled, between knowledgeable willing parties in an arm's length transaction. Consequently, differences may arise between the carrying values and the fair value estimates.
  The Company classifies fair value measurements using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. The fair value hierarchy has the:
  1. Quoted prices (unadjusted) in active markets for identical assets or liabilities (level 1).
  2. 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).

	Key management personnel Salaries and allowances	45,882,414	35,239,259
	Retirement benefit plans Contribution to providend fund	8,163,201	7,652,420
	Transaction with Associated company Haydari Boring and Pilling Co. (Private) Limited Rent expense	300,000	300,000
	Prepayment	300,000	-
16	GENERAL

Iabib Rice Products Ltd.

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

There were no transfers between level 1, 2 or 3 of the fair value hierarchy during the year.

15 A TRANSACTIONS WITH RELATED PARTIES

Related parties comprise of associated companies, directors, other key management personnel and retirement funds. Transactions with related parties other than those disclosed elsewhere in the financial information as mentioned below are entered under agreed terms:

December 31, December 31,

2025 2024

(Un-audited) (Un-audited)

Transactions during the period --------------- Rupees ---------------

Figures have been rounded off to the nearest rupee, unless otherwise stated.

17 DATE OF AUTHORIZATION

These condensed Interim Financial Information have been authorised for issue on February 16, 2026 by the Board of Directors of the Company.

OWAIS G. HABIB

Chief Executive Officer

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

Karachi: February 16, 2026

Cell: +92-333-2138681 - +92-333-3989897 - +92-332-2123552 Tel: +92-853-363963-5

Email: sales@habibriceproducts.com/ farhan.t@habibriceproducts.com/ corporate@habibriceproducts.comWebsite :www.habibriceproducts.com

Animal Feeds

Aquatic Feeds

Poulny FeB

Food & Beverages

Breads & Biscuits

Powdered Energy Drinks

Cosmetic & Health Care Products

Confectionery Products

Pharmaceuticals

Maltodextrin
High Fructose
Rice Protein

Glucose
Sorbitol
Dextrose

Iabib Rice Products Ltd.

Pioneer Producers of Rice Derives Products and Proteins

Habib Rice Products Limited pioneered the conversion of Rice into:-

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