.January 28, 2026
The General Manager
Pakistan Stuck L xchange I ii Vitor, Stock Lxchanq Building
Stock Lxchan‹ r' ltoad Kar, chi.
SUBJECT: FINANCIAL RESULTS FOR THE 3R^QUARTER ENDED DECEMBER 31, 2025
Wu wish to inform you that Thu hoard of Directors of Hinopak Nlotors Limited (the "Company's, n its meeting held on January 26, 2026 at 1 l :00 a.m. at the Company's registered office located at D 2, ñlTE, Manghopir Road, Karachi, has approved the Unaudited Condensed l ntoi im nanciul Statcm‹:nfs for tne 3' ' Quarter ended December 31, 2025, and has r‹:comn cnd‹:d the follo .ving :
Cash Dividend
Bonus / Right Shares
Nil
Nil
I h‹z Urt‹Judit‹:d Conh‹Ji sed Int.ei im financial Statements of the Company for the 3" Quarter ended fJ c n b r 3 1, 2025 ai ‹: ‹Ipp‹:ndcd here as Annexures A - D.
I he J' ' Duart rly Rtzpoi L of fho Company for the period ended December 31, 2025 will be tF‹JFISMIl lad Chi o igh PUCAFS scoorately, within the specified time.
hours Sincerely,
I or HINOPAK MOTORS LIMITED
MUHAMMAD ZAHID HASAN COMPAN SURE T SF+
Hinopak Motors Limited
^"* '+^ D-2, S.I.T.E., Manghopir Road, P.O. Box No. 10714, Karachi-75700. Tel: 32563510 (9 Lines) 32563525 (3 Lines UAN : 111- 25•25-25, Fax: 32564028 E-Mail: info@hinopak.com Web site : www.hinopak.com
HINOPAK MOTORS LIMITED
ANNEXURE - A
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE NINE MONTHS ENDED DECEMBER 31, 2025 - (UNAUDITED)
Quarter ended
Decem ber 31, December 31
Nine months ended December 31, December 31,
Nate | 2025 | 2024 | 2025 | 2024 | |
(Rupees | '000) | ||||
Revenue from contracts with customers | 16 | 1,636,348 | 2, 013,1 21 | 0,554,339 | 6,635,470 |
Costofsaes | (1,261,742) | (1.827,105) | (6,864,216) | (5,834,595) | |
Gross profit | 374,606 | 186, 016 | 1,690,1 23 | 800, 875 | |
Distribution cost | (304,949) | (99,850) | (530,751 ) | (292, 024) | |
Administratio n expenses | (1 22,002j | (114,21 2) | (360,810) | (338,316) | |
Otfier income | 17 | 32,919 | 32,848 | 111,485 | 59,678 |
Other expenses | 18 | 4,309 | (46,480) | ||
Reversal of impairment on trade receivables and deposits | 1Q00 | 1,273 | 4,414 | 1,273 | |
Operate ng profit / (loss) | (13,1 17) | 6.075 | 867,981 | 231,486 | |
Finance cost | 19 | {45,356} | (17,71 2) | {234,98i) | (245.098) |
Profit / (Loss) oefore income tax and levies | (58,473) | (11,637) | 633,000 | (13,612) |
Levy - minimum tax 20 4,838 (25.784) (111,404) (85,848)
Profit / (Loss) before ‹ncome tax
(53,635)
(37,424 )
521,596
(99,460)
1Ecome tax expe use
21 (25,704) 454 (60,651 ) 15 249
Profit / (Loss) afte r Income tax
Other comprehensive income for the period:
Items that will not be
reclassified s ubsequently to Profit or Loss
Remeasurement of post employment benefit obligations Impact of deferred tax
Gain on revaluation of land and buildings Impact of deferred tax
Other comprehensive income for the period
Total comprenens ve income / moss tor tne period
Earnings / (Loss) per share basic and diluted
(78,339)
9 339)
22 Rs. (3.20)
(36,967)
(36 967)
Rs. (1 49)
460,945
460,945
Rs. 18.59
(84,2 11 )
(84 2 11 )
Rs. (3.40)
The annexed notes 1 to 26 form an integral part of these condensed interim financial statements.
Chief Financial Officer Director Chief Executive Officer
HINOPAK MOTORS LIMITED
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION
AS AT DECEMBER 31, 2025Non-current assets | |||||
Property, plant and equipment | 5 | 3,177,490 | 3,737734 | ||
Intangible assets | 6 | 6,340 | 10787 | ||
Long-term investments Long-term loans and advances | 7 | 38,192 | 45,744 | ||
Long-term deposits | 7,536 | 7,536 | |||
Employee benefit prepayment | 6,027 | 8.288 | |||
Current assets | 3,235,585 | 3,810, 089 | |||
Inventories | 5,672,825 | 4,688,535 | |||
Trade receivables | 8 | 164,045 | 224,233 | ||
Loans and advances | 58,170 | 26,697 | |||
Trade deposits and prepayments | 9 | 71,444 | 30,985 | ||
Refunds due from the government | sales tax | 281,906 | 250,191 | ||
Other receivables | 10 | 34,580 | 114,226 | ||
Taxation payments less provision | 1,318,356 | 1, 257,073 | |||
Cash and bank balances | 11 | 12,919 | 167,064 | ||
7,614,245 | 6,759,004 | ||||
Assets classified as held for sale | 12 | 187,500 | |||
TOTAL ASSETS | 11,037,330 | 10,569,093 | |||
EQUITY AND LIABILITIES | |||||
Share capital and reserve | |||||
Issued, subscribed and paid-up capital | 13 | 248,011 | 248,011 | ||
ASSETS
ANNEXURE - B
(Unaudited) (Audited) December 31, March 31,
Note 2025 2025
(Rupees '000)
Capital Reserve
Revalu ation surplus on land and buildings S hare premium
Revenue Reserve General reserve
Accumulated profit / (loss)
TOTAL SHAREHOLDER'S EQUITY
LIABILITIES
Non-current liabilities
Deferred taxation
Employee Denefit obligations
Current liabilities
Trade and other pay ables
Short-term borrowings - secured Advances from customers Unclaimed dividend
2,264,679
2,771,525
291,000
138,719 | 154,823 |
76,674 | 132,619 |
287442 | |
215,393 | |
3,891,664 | |
2,102,047 | |
2,713,162 | 591,823 |
113,429 | 331,945 |
12,876 | 12876 |
4,941,514 | 4,828,308 |
305,208 5,880,423
14
2,351,916
2,771,525
291, 000
(209,109) 5, 453,343
TOTAL LIABILITIES | 5,156,907 | 5,115,750 | ||
Commitments | 15 | |||
TOTAL EQUITY AND LIABILITIES | 11,037,330 | 10,569, 093 |
The annexed notes 1 to 26 form an integral part of these condensed interim fin ance al statements
Chief Financial Offl cer Director Chief Executive Officer
HINOPAK MOTORS LIMITED
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY
FOR THE NINE MONTHS ENDED DECEMBER 31, 2025 - (UNAUDITED)
ANNEXURE-C
Share Capita|
Capital Resei-ve Revenue Reserve Revaluation Share General Accum ulaced Surplus Prem ium Reserve profit / (loss) (Rupees '000)
Total
Balance as at April 1. 2024
Transferred from surplus on revaluation of land and building on account of
nine months ended December 31. 2024 - Loss for the nine months ended December 31 , 2024 | (84, 211) | (84,211) | |||||||||
Balance as at December 31. 2024 | 248 0 11 | 2 333.284 | 2 771 525 | 291 000 | (432 326) | 5 211 dgd | |||||
Balance as at April 1, 2025 | 248, 01 1 | 2,351,916 | 2,771,525 | 291, 000 | (209,109) | 5,453,343 | |||||
Transferred from surplus on revaluation | |||||||||||
incremental depreciation - net of deferred tax | (d3,37£) | 53,372 | |||||||||
decrease in revalu ation surpus | |||||||||||
due to impalrmenI a f freehold land and | |||||||||||
building on freehold land | (33,86£) | (33,865) |
incremental depreciation- net of deferred tax Total comprehensive loss for the
248, 011
2 399. 541 2,77 525
(66, 257)
29 4 ,000
(414 372)
66,251
5,295,705
of land and budding on account of
"otal comprehensive income for the
nine months ended December 31, 2025
- Prost for the nine months ended December 31, 2025
460,945
460,940
Bal ance as at Decem ber 31, 2025
248, 011
2,264,679 2,771,525
291, 000
305,208
5,880,423
The annexed notes 1 to 26 form an integral part of these condensed interim financial statements.
Chief Financial Officer Director Chief Executive Officer
HINOPAK MOTORS LIMITED
CONDENSED INTERIM STATEMENT OF CASH FLOWS
FOR THE NINE MONTHS ENDED DECEMBER 31, 2025 - (UNAUDITED)
ANNEXURE - D
December 31, | December 31, | ||
Note | 2025 | 2024 | |
(Rupees '000) | |||
CASH FLOWS FROM OPERATING ACTIVITIES | |||
Cash (used in) / generated from operations | 23 | (1,807,095) | 2,375,295 |
Return on savings accounts and deposits | 8,515 | 8,118 | |
Income tax and levies paid | (249,442) | (139,653) | |
Mark-up paid on short-term borrowings | (79,335) | (341,258) | |
Employee benefits paid | (132,272) | (30,154) | |
Increase in long-term deposits | (9) | ||
Decrease / (Increase) in long-term loans and advances | 7,552 | (7,485) | |
Net cash (used in) / generated from operating activities | (2,252,077) | 1,864,854 | |
CASH FLOWS FROM INVESTING ACTIVITIES | |||
Purchases of property, plant and equipment | (63,457) | (22,631) | |
Purchase of intangible assets | (414) | (2,891 ) | |
Proceeds from sale of property, plant and equipment | 40,464 | 45,529 | |
Net cash (used in) / generated from investing activities | (23,407) | 20,007 | |
CASH FLOWS FROM FINANCING ACTIVITIES
Dividend paid | ||||
Net cash used in financing activities Net (decrease) / increase in cash and cash equivalents | (2,275,484) | 1,884,861 | ||
Cash and cash equivalents at beginning of the period | (424,759) | (2,119,559) | ||
Cash and cash equivalents at end of the period | 24 | (2,700,243) | (234 698) | |
The annexed notes 1 to 26 form an integral part of these condensed interim financial statements
Chief Financial Officer Director Chief Executive Officer