Financial Results for the half year ended March 31, 2025

Habib Sugar Mills Limited

W/s " FLOOR. TtvfPERIAL COURT. DR ZIA UDDfN AHMED ttOAD . KA RACHI-75S30 {PA KISTA

Ref: 24/25/226/C

The Genei al Managei

Pakistan Stock Exchange Lin ited Stock Excliaige B uiIding

Stock Exchange Road lkarach i

Dear Sir,

CO NDENSE D 1NTER I M F1NANC lA L R ES U LTS

ro n Tu E IN A cF-Y EA R ENOED MA RCH 31, 2025 (UN A UDITED)

k1ay 14, 2025

We wish to inrori1i you that the Board of D irectors of the Coi1ipany in their illeet ing held oil Wednesday, May 14, 2025 at 1.2:00 noon at 4th Flooi , I imperial Court, Dr. Z iariddin All used Roarl, Kai acIJi, approved the unaud ited condensed interim financ ial res iIts or the Company for the half-yeai ended Marcl 3.1, 2025 and i ecom iiiended the followiiJg:

Cash D iv idend NJ L

Bonus Shares UL

Right Shares NIL

Amy Other Entitlement/Corporate Action NIL Amy Other Pi-ice-Sensitive In rorinaiion NIL

The unaidited condensed interim financial resu|ts as approved by the Board of Directors of the Cont pany alongwith stateilient of Financial Position, statement of Changes in Eduicy and statement or Cash Flows are appended as AnMex‹ii e A.

The Half yearly Repoil of the Company for the period ended March 3.1 , 2025 wilI be ti ansmitted th ougl FUCA fts sepai ately, within the speci fled time.

Than k ii1y you.

Youi r itl r ally

Im ra n A in in Vi rani

Conipaii) Sc•cretary

Encls: As above

Ami r Bnshir A h m ed

Chief Financial Ofcer

PHONES : (021) 3â680036 (8L[NE8) : FAX (021) 35684086: E-mail : sugarHhabib.com

MILLS : NAWABSHAH (PAKISTAN) - PHONES : (024 4) 360751 (5 LINES) : FAX : (0244) 361314

HABIB SUGAR MILLS LIMITED

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS

FOR THE HALF YEAR ENDED 31 MARCH 2028 (UNAUDITED)

Net sales and services Cost of sales

Note

Halt year ended Quarter ended 31 March 31 March 31 March 31 March

2025 2024 2025 2024

(Rupees Tn thousands)

9,572,728 9,671,824 1,899,215 4,983, 758

(8,1B1,030) (8,345,021) (3,942,B65) (4,224,045)

Gross Profit

1,391,698

1,326,803

756,260

759,71 $

Selling and distribution expenses Administrative expenses

Other operating expenses Other income

Operating profit

Finance costs - net

Profit before levy and Income tax Levy - final tax

Profit before income tax

Income tax Current Deferred

Earnings per share - Basic and diluted (Rupees)

14

15

(235,710)

(203,3g3)

(124,916)

464,678

{99,343)

1,292,355 (I 5,2d1)

1,277,IW

(4 20,DG)

1,156,798

8,000

(4896M) 607',144

*.94

(168,837)

(180,188)

(101,345)

759,477

309,106

1,635,908

(52,800)

1.583.109

(151,174)

1,431,935

(223,826)

45,000

(178,826)

1 253,100

(Restated)

9.28

{22,519)

(97,879)

(73,133)

279,360

733,741

(36,313)

(79,123)

(299,378)

3,sOo

(295,878) 322,4Z7

(84,889)

(89,981)

(43,860) 279,1g1

60,461

820,174

(102,501)

717,673

(59,037)

658,636

11,537

(12,500)

(963)

657 673

(Restated)

t87

The annexed notes 1 Io 21 forrh an integral part of these condensed interim financial statements.

Chlef Financial OMcer

Khursheed A. Jamal

Chlef Executive Offlcer

Muztaza Hablb

Director

HABIB SUGAR MILLS LIMITED

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

AT AT 31 MARCH 2O2S

Note

(Unaudlted) (Audited)

31 March 30 September

2025 2024

(Rupees In thousands) -

Chief FTnanclal Officer Chief Executive Officer

Murtaza Hablb Dlrector

HABIB SUGAR MILLS LIMITEO

FOR THE HALF YEAR ENDED 31 MARCH 2025 (UNAUDITED)

aub#arlbed

and paid-up

General Accumulated profit

unrealised gain / (loss) on

mserves

FOG1

Total

equity

•-- ------ --•----• tRupces in thousands) -•-•-------•--------•- ---••

Balance as on 30 September 2023 (Audited)

750,000

34,000

2,314,S40

g9B,366

10,565,406

11,315,406

Realised gain on sale of investments - net

Transfer to general reserve Net profit for the period

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

1,410,000

58,395

(1,410,000)

2 5 55 2,W4,558

Final cash dividend for the year ended 30 September 2023 @ 120S

Own shares purchased for cancellation

Balance as on 84 Siarcn 202*

750,000

8,438,932

(900.000)

1,318,044

2 231,420

(189,S68)

12,020 396

{900,000)

(189.568)

12.770,396

Balance ae on TO September 2024 tAudited) Realised gain on sale of invesc«ents - net Transfer to general reserve

675,000

34,0O0

7,581,045

1,000,000

602,037

(1,000.000)

2,g25,463

(602.037)

12,498,09*

13,173,094

Netpmtttortheptñod

Other comprehensive income for the period

Total comprehensive income for the period

Final cash dividend for the year ended

" E

4

7 1 7 1 4

1 5 5 7 6 US 5 6 1 5 5 7

,595.796 2.262,940 2,262,940

30 September 2024 @ 120°A

Balance as on 8't March 2025

_675,000 M,000

(810,000j

1,5t6 767

(810,000)

3,619,2£2

(B10,000)

14,626,0$4

CWetfTnancaOFcer

Chief Executive Officer

MuWza Habib

Director

HABIB SUGAR MILLS LIMITED

CONOENSEO INTERIM STATEMENT OF CASH FLOWS

FOR THE HALF YEAR EMOED 31 MARCH 2025 {UNAUDITED)

31 March 31 March

2025 2024

Note ------ (Rupees in thousands) ------

CASH FLOWS FROM OPERATING ACTIVITIES

Cash used in operations Finance cost received - net Income tax paid

Long-term loans - net

Net cash used in operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Additions to operating fixed assets

Sale proceeds / redemplion of investments Dividend received

Investments made

Proceeds from sale of operating fixed assets

Net cash generated from investing activities

CASH FLOWS FROM FINANCING ACTIVITIES

Lease rentals paid

Buy back of own shares Dividend paid

Net cash used in financing activities

Net decrease in cash and ca!›h equivalents

Cash and cash equivalents at the beginning of the period

Cash and cash equivalents at the end of the period

(4,869,213)

3,328, 350

(656,454)

(2,197,317)

194,587

17 (2,002,730)

(7,765,3 4)

5,603,190

(940,786]

(3,102,910)

117, 638

(2,985,272)

The annexed notes 1 to 21 form an integral part of these condensed interim financial statements

Chiaf Financial Officer

Khursheed A. Jamal Chief Executive Officer

5

Murtaza Habib

Director