HASEEB WAQAS SUGAR MILLS LIMITED
Head Office: 6-F, Modul Town,Lahore-Pakistan.
Phones: 0092 -42-35917321-3, Fax 0032 -42-35917317
E-Mail: hwgc@hwgc.com.pk
The General Manager
Pakistan fit‹n k I: s‹ h.oiip‹• Liniiti•d Shwk Fxrhangr• bt !din}*
St‹u-k fixchangi• Ro‹ail KAR ''Yt 111
Subject: Financi«i n‹›«li for the year ended on 30 September 2025Dear Sir
Vt'e have"to irilorm you that the Board of Di•ectors of our Company in their mertir:g held on 08 January 2026 at 04:00 p.m. at Registered Office of the ñomyany 06-F, Model Town, Lahore considered fr approved the annual accounts for the year ended on 30 September 2025.
Approv•.d Fir.Lucia.1 resu'.ts of IP.e company for the year ended 3C September 2025 arc being provided through “Annexure A” enclosed laerewitP..
Moreovcr, during the Period ,under review, the Board has not recommended any entitlement.
The Annual General Meeting o the company will be held on 28 j nu cry 2026 at (IN.U0 a.m. at its registered office, 06-F, Model Town, Lahore.
The’Shree .Transfer Books of the Company will remain cloud ixom 21 JanuarY 2026 to 28 Jm•iuary 2026 ’both days inclusive). Transfer received at the registrar's oftim of tnt‘ company i.e. M/s Hameed Majeed Associates (Rv*.) Limited, H.M. H• 'use, 7-Bank Square, Lahore, at the close of business cm 20 January 2026 will br treated in tnme ior the purpose of above entitlement to the transferees: .
The Anmial-Report or the Company will be transmitted through PL CARS at !east 21 days bc•fore holding of Annual General Meeting.
fours faithfu!!y. ’’
(ANSAR AHM.ID),
.umpany Secretary
Encl: As Above'A UNIT OF HASEEB WAQAS GROUP OF COMPANIES
WORKS: Ali Pur, Jattoi, Distt. Muzafargarh. Ph: 0662700480
HASEEB WAQAS SUGAR lLLS LIMITEDSTATEJ¥ENT OF FINANCIAL POSITION
AS AT SEPTEABER 30, 2025
EQUITY AND LIABILfTlK
Sñare Capital and Reserves
35,Q¥i,fXX) (2024: JS,QXI.QXI) ordinary shares of RS. 10 each Issued, subscribed arm paid up capital
Loan from director and sponsors Capital Reserves
Surplus on revaluation of property, plant and equipment
Revenue reserves Accumulated ptofit/ttoss)
Non Current Ltab1lltles Long term financing
Deferred taxation
202fi 2U24
Rupen
350,000,000 350,IXXI,000
324,T00,0O0 324,OIXi,tXD
1,2C3,018,319 1.258,445.119
4,394,722,370 4,549,877,439
(5,719,665,670) (5,629,735,684) 282,055.019 502,586,874
Cwrent Liabilities
Trade and other payables
Markup on loans and other payables Sfort term borrowings
Unclaimed dividend
Current portion of run current liabilities
Condngenctes and Commitments
1,435,629,821
170.710,443 | I 70.710,443 |
1,264,919,376 | 1,335,458,933 |
826,973,901 | 830,358,502 |
1,163,695,576 | 1,183,695,578 |
752,354,725 | 75Z.088,315 |
1,443,972 | 1,443,972 |
1,367,167,642 | 1,167,187,642 |
10
11
12
13
4,133,655,618
14
1,$06,169,376
4, 34,774,£Q8
6, 143,530,258
Non CurreM Asseu
Property, plant and equipment Long tern deposits
15
16 470,000 470,QX/
current Assets
Stores, spares and loose tools Stx
Advances, deposits, prepayments and other receivables Cash and bank balar<>
5,590,875,003
17 96,000,000
56,407,629 | 56.407,829 |
t03,397,690 | J02.394,410 |
2,659,936 | 8,632,885 |
14
19
20
21
162,465,655
5,651,310,656
5,864,095,134
12,0IX/,fXX)
167,435,124
6,143.530,258
Ttir ai•n•x d note»fr i 7 to 36/own cii Integralpiirt of tJioe,tiiiaru-iiif stntnnziim
TOR
CUTIVE CHIEF FINANCIAL OFFICER
HASEEB WAQAS SUGAR MILLS LIMITED
STATEMENT OF PROFIT OR LOSS
FOR THE YEAR ENDED SEPTEMBER 30, 2025
Note
2025 2024Rupee
Sales - Net | 22 | ||||
Cost o£goods sold | 23 | (300,282,852) (348,552, 182) | |||
(304,282,852) | (348,552,182) | ||||
Operating expenses: - Administrative and general expenses | 24 | (14,753,999) | (21,571,843) | ||
- Other operating charges | 25 | (600,000) | (250,000) | ||
Lose from operations | (315,636,851) | (370,374,025) | |||
Finance cost | 26 | (7,760) | (78,692) | ||
(315,644,611) | (370,452,717) | ||||
Taxation | 27 | 70,539,555 | 73,606,590 | ||
Earning per share - basic
245,105,056J (296 846 12728 (9.16)
The annexed notesfrom I to 3cyorm an integral part of thesefinancial statements.
CUTIVE
TOR
CHIEF FINANCIAL OFFICER
HASEEB WAQAS SUGAR MILLS LIMITED
STATEI¥1ENT OF OTHER COAIPREHENSI$T I:SCO.YtE
FOR THE YEAR ENDED SEPTEi81BER 30, 2025
2025.WOt0 Rupees
(Loss) after la.xation (245,105.0561 t?96.G6.1 -" i
Other comprehensis'e income
Impact of deferred ta.x on revaluation surplus
Total coniprehensix'e loss for the jear
The annexed stores from I to 36/erm an iniegrol part ofthezefinancial sfoiemenrs.
CH
CUTIVEOR
HMCt6 WAQAS SU0Ak MILLS LIWTtD ST4TtMgNT 08 I HANOgS N gQUl11
Tot•l
tott T+4y YCAk CNDEO StPTc «6Ex 90, J02S
tuhscrIbed ,g Lctn fr one Revaluation uf Accumulated
}q y y ,j j dI‹eclors Pr up•rty, Plant h (loss) / Profit
rwt o/ t4x (163,537,4$0) | t63,5J 7,450 | |
›z*,an,ooo t,yss,‹ts, ‹ ie 4,s49,ayy,‹4‹ | ts,+zs,»s,ca4› | soz,s•*,fi+*” |
(295, 105,00¥) | (140,105,05+) | |
(240, t00,056) | (240,1o5,OS6) |
(155,1S5,O69) J 00,105,069
324t0IXl,@XI J ,2C3,0t C, 3 9 4,394,722,3 72 (5,7t 9,665 670) 2S2,O55,020
Ecunw
CHIEF FINMCIAL OFFICER
HASEEB WAQAS SUGAR MILLS LIMITEDSTATE £tfT oF CASH FLOWS
FOR THE YEAk ENDEO SEPTEMBER 30, 2025
2025 2024
CASH FLO¥f FROM OPERATING ACTfvITIES
(Loss) t›efore taxation
Note Rupees
(315,644,611 j (370,452.717)
Oepreclatlon | 15.02 | 273,220, 131 | 288,484,099 | |
Arrortfzatlon of Oeferred Cost | 14,000,000 | 18,0XI, CXI | ||
Flna‹xe cost | 26 | 7,760 | 78,692 | |
267,137,691 | 306,562,79t | |||
^ ^S profiU(loss) before working capital changes (24,416,720j | (63,889,926) | |||
(Increase) / decrease in current assets: | ||||
Stores, spares and toose foots | d,902,402 | |||
SOk In trade | ||||
Advances, deposits, prepaynwnts and other recelvabtes Increase / (decrease) In currem Ilabllltfes: | (¥61,446) | (3fXI,467) | ||
Trade and othe'r payables | (1,3S•4,601) | (45,139,095) | ||
(1,646,047) | (40,537,160j | |||
Cash generHed from operations (30, 262,767) | (104,427,086) | |||
Income tax paid / deducted (542,032) | (948,935) | |||
Gratulty paid Finance cost paid | (7,760) | (78,692) | ||
Net cash generated from / (used in) oper•clng activities | (30,612,559) | (J05,dM,713) | ||
CMH FLO ¥ FROM IMYESTIHG ACTIVITIES | ||||
Long term deposits | 0 | |||
Het cash generated from / (used In) tnvntlng activities | l0,tXD | |||
CASH FL0w FROM FINAnClNG ACTIVITIES | ||||
Proceeds / (Repayment) from directors'/ sponsor toan - Net | 21,573,200 | 33,254,380 | ||
Proceeds / (Repayment) of Long Term Loans | ||||
Proceeds / (Repayment) of related parties | 266,110 | 78,8d1,383 | ||
Net cash generated from / (used In) flMnctng activttles | 24,639,610 | 112,095,763 | ||
Net Increase / (decrease) In cash and cash equivalents | (5,972,9d9) | 6,661,050 | ||
Cash and cash equivalents at the beginning of the year | 6,632,665 | 1,971,835 | ||
Cash and cash equtvalents at che end of the yesr | 21 | 2,659,936 | 8,632,665 | |
The exed notes from to 3b fonn an Integrol part •f ‹*- f” lol statements.
CTOR
C ECUTIVE CHIEF FINANCIAL OFFICER