Un-audited | Un-audited | Un-audited | Un-audited |
Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2024 |
(Rupees) | (Rupees) | (Rupees) | (Rupees) |
Half Year Ended Quarter Ended
Note
Revenue | 13 | 30,822,559 | 21,568,133 | 14,992,633 | 10,405,420 |
Direct cost | 14 | (15,353,294) (10,456,813) (10,445,756) (5,388,305) | |||
Gross profit | 15,469,265 | 11,111,320 | 4,546,877 | 5,017,115 | |
Administrative expenses | (14,968,231) | (17,083,875) | (7,570,672) | (8,298,234) | |
Other expenses | (654,050) | (835,699) | (353,287) | (481,301) | |
Operating loss | (153,015) | (6,808,254) | (3,377,082) | (3,762,420) | |
Finance cost | 15 | (128,567) | (70,667) | (70,427) | (68,747) |
Loss before taxation | (281,582) | (6,878,921) | (3,447,509) | (3,831,167) | |
Taxation | 16 | (2,783,471) (4,587,644) (1,385,143) (2,210,368) | |||
Loss after taxation | (3,065,053) | (11,466,565) | (4,832,652) | (6,041,535) | |
Other comprehensive income Items that may be reclassified subsequently to profit or loss | - | - | - | - | |
Items that will not be reclassified to profit or loss | - | - | - | - | |
Total other comprehensive income for the period | - | - | - | - | |
Total comprehensive loss for the period (3,065,053) (11,466,565) (4,832,652) (6,041,535) Loss per share - basic and diluted (0.10) (0.38) (0.16) (0.20) The annexed notes from 1 to 21 form an integral part of these condensed interim financial statements.
Chief Executive
Director
Chief Financial Officer
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2025Note
Un-audited Audited Dec 31, 2025 June 30, 2025
(Rupees) (Rupees)
EQUITY AND LIABILITIES EQUITY | |||
Authorized share capital 32,000,000 (June 2025: 32,000,000) ordinary shares of Rs. 10 each | 320,000,000 | 320,000,000 | |
Issued, subscribed and paid-up share capital | 300,011,200 | 300,011,200 | |
Loan from directors-related parties | 7 | 761,328,431 | 761,328,431 |
Capital reserves | |||
Surplus on revaluation of property and equipment | 8 | 611,988,727 | 612,396,185 |
Revenue reserves Accumulated loss | (780,646,445) | (777,988,850) | |
Total equity | 892,681,913 | 895,746,966 | |
LIABILITIES | |||
NON-CURRENT LIABILITIES | |||
Deferred tax liability | 2,445,853 | 2,612,279 | |
Staff retirement benefits-gratuity | 48,083,182 | 45,396,938 | |
Total non-current liabilities | 50,529,035 | 48,009,217 | |
CURRENT LIABILITIES | |||
Trade and other payables | 9 | 119,412,756 | 118,289,272 |
Security deposits | 8,013,275 | 8,013,275 | |
Accrued mark-up | 158,005,704 | 158,005,704 | |
Unclaimed dividend | 1,662,656 | 1,662,656 | |
Total current liabilities | 287,094,391 | 285,970,907 | |
Total liabilities | 337,623,426 | 333,980,124 | |
TOTAL EQUITY AND LIABILITIES | 1,230,305,339 | 1,229,727,090 | |
The annexed notes from 1 to 21 form an integral part of these interim financial | statements. | ||
Chief Executive Director Chief Financial Officer
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2025Note
Un-audited Audited Dec 31, 2025 June 30, 2025
(Rupees) (Rupees)
ASSETS NON-CURRENT ASSETS | |||
Property and equipment | 10 | 1,206,139,021 | 14,359,153 |
Investment properties | 11 | - | 1,198,756,086 |
Long term loans and advances | - | 16,000 | |
Long term deposits 1,454,040 1,454,040 | |||
Total non-current assets | 1,207,593,061 | 1,214,585,279 | |
CURRENT ASSETS | |||
Stores, spares parts and loose tools | 555,957 | 526,401 | |
Trade debts | 4,202,960 | 566,166 | |
Loans and advances | 140,795 | 158,917 | |
Short term prepayments and other receivables | 349,572 | 59,571 | |
Tax refunds due from Government | 12,047,111 | 10,689,593 | |
Cash and bank balances 5,415,883 3,141,163 | |||
Total current assets 22,712,278 15,141,811
TOTAL ASSETS 1,230,305,339 1,229,727,090
CONTINGENCIES AND COMMITMENTS 12
The annexed notes from 1 to 21 form an integral part of these condensed interim financial statements.
Chief Executive
Director
Chief Financial Officer
Issued, | Capital | Revenue | Loans from Directors (Rupees) | Total Equity (Rupees) | |
Subscribed | Reserves - | Reserves - | |||
Particulars | and Paid-up | Revaluation | Accumulated | ||
Share Capital | Surplus | Loss | |||
(Rupees) | (Rupees) | (Rupees) |
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY FOR THE HALF YEAR ENDED DECEMBER 31, 2025
300,011,200 | 613,204,457 | (762,666,240) | 758,328,431 | 908,877,848 |
- | - | (11,466,565) | - | (11,466,565) |
- | - | - | - | - |
- | - | (11,466,565) | - | (11,466,565) |
- | (406,344) | 406,344 | - | - |
- | - | - | 3,000,000 | 3,000,000 |
300,011,200 612,798,113 (773,726,461) 761,328,431 900,411,283 | ||||
300,011,200 | 612,396,185 | (777,988,850) | 761,328,431 | 895,746,966 |
- | - | (3,065,053) | - | (3,065,053) |
- | - | - | - | - |
- | - | (3,065,053) | - | (3,065,053) |
- | (407,458) | 407,458 | - | - |
300,011,200 | 611,988,727 (780,646,445) 761,328,431 892,681,913 | |||
Balance as at July 01, 2024 (audited) Comprehensive income for the period
Loss after taxation
Other comprehensive income for the period Total comprehensive loss for the period ended December 31, 2024
Incremental depreciation - net of tax Loan obtained from directors
Balance as at December 31, 2024 (un-audited)
Balance as at July 01, 2025 (audited) Comprehensive income for the period
Loss after taxation
Other comprehensive income for the period Total comprehensive loss for the period ended December 31, 2025
Incremental depreciation - net of tax
Balance as at December 31, 2025 (un-audited)
The annexed notes from 1 to 21 form an integral part of these condensed interim financial statements.
Chief Executive
Director
Chief Financial Officer
ICC INDUSTRIES LIMITED CONDENSED INTERIM STATEMENT OF CASH FLOWS FOR THE HALF YEAR ENDED DECEMBER 31, 2025Note
Un-audited Un-audited December 31, December 31,
2025 2024
(Rupees) (Rupees)
CASH FLOWS FROM OPERATING ACTIVITIES
(12,487) | (11,024) |
(4,307,415) | (4,468,501) |
(1,053,000) | - |
Cash generated from operations 19 7,631,622 3,494,689 Finance costs paid
Taxes paid Gratuity paid
(5,372,902) (4,479,525)
Net cash (used in) / generated from operating activities 2,258,720 (984,836)
CASH FLOWS FROM INVESTING ACTIVITIES
16,000 | - |
Decrease in long term loans and advances
Net cash generated from investing activities 16,000 -
CASH FLOWS FROM FINANCING ACTIVITIES
- | 3,000,000 |
Proceeds from loans obtained from directors
Net cash generated from financing activities - 3,000,000 Net increase in cash and cash equivalents 2,274,720 2,015,164 Cash and cash equivalents at the beginning of the period 3,141,163 802,877 Cash and cash equivalents at the end of the period 5,415,883 2,818,041
The annexed notes from 1 to 21 form an integral part of these condensed interim financial statements.
Chief Executive
Director
Chief Financial Officer