].X. Spinning
The G4ners4 Manager
pakistan StocJs Exchange Limited,
steel Exchange euildlng Steel Gxchanee Road,
Dear Qtr,
Financial ResulD for sha Year Ended June 30, 2025
we hcve th Inform you that tha Board ol Dtractors ef our Company In their meeting held on septamber 17, 2DZ5 at st:00 as at head office ef the Company, Z9-K.M, Shelkhupura Roed, Xhurrianwala, F8kalabad, recommended tha fo1)owIng:- DMden4
AnY Othar EntMarrsent/ Corporate Actien
Finandal ResuNyi
x n»«t Cash DMdsnd & W 2/'- par dtalg t.e. 20% In ordinary sharaholde‹s e•sept Diracso, thalr Spouses and dasa relatbes for the year anded tune 30,20z5
NPI
Nil
The (8Udft4d) Annuat Financial statements of the Company for the yeet ended June 30, 2D25 are attached:
Statement of Profit or Low
Statement of Financlal Poshfon
Statement of Changes in equity
Statement of Cash mows
The Annual Rcpon of the Company wfll be transmitted dirough PUCARS et letct 2G days befére holding of Annual General
Meeting.
tO• E¥¥tUtfV0 it'¥€tO8/ HOD
0IhltM Department, Supervision Department, Securltjes 6 Exchange Commlsslon of PeNstsn, 63, N.I.C, gullding, Jlnnah Avenue, 8Iua Aree,Islamabad
stead @Mce: 2B-KM, Shelkhupura Raad, Khuctanwata, Faleafabad, Pakistan UAN: *92 {4) I t1 1615t6 PABX: +92 (41) 34O4011-48 Fax: *93 (44) 24OtDt7-16
NlMt: +02 (41j 2401100-03 Fax: +9Z (11) 240t 4
STATEMENT OF PROFIY OR LOSS
FOR YHE YEAR ENDED 30 JUNE 2025
: 2025 2024 (RUPEES IN THOUSAND)
REVENUE | 42,837,847 | 41,816,395 | |||
COST OF SALES | (38,189,290) | (36,174,349) | |||
GROSS PROFIT | 4,648,557 | 5,642,046 | |||
DISTRIBUTION | COST | (1,413,195) | (1,316,123) | ||
ADI?IINISTRATIVE EXPENSES | (602,332) | (583,482) | |||
OTHER >:SPENSES | (270,647) | (118,464) | |||
(2,286,174) | (2,018,069) | ||||
2,362,383 | 3,623,977 | ||||
OTHER INCOME | ’592,652 | 424,702 | |||
PROMT FROI*I OPERATIONS | 2,955,035 | 4,048,679 | |||
NNANCE COST | (1,799,907) | (2,407,236) | |||
PROFIT BEFORE LEW AND TAXATION | 1,155,128 | 1,641,443 | |||
LEVY | (369,988) | (634,932) | |||
PROFIT BEFORE TAXATION | 78S,140 | 1,006,511 | |||
TAXATION | (271,279) | ||||
PROFW AFTER TAXAWON | 513,861 | 1 0601 | |||
VRNINGSPERSHARE-BASICANDDILUTED(RUPEES) | 5.02 | 9.84 | |||
CHIEF EXECUTIVE OFFICER DIRECTOR
CHIEF FINANCIAL OFFICER
J.K. SPINNING MILLS LIMITED
STATEMENT OF FINANCIAL POSITION AS AT 30 3UNE 20ZS
20ZS 2024
(RUPEES IN THOUSAND)
Authorized share caoical
zoo ooo 000 (202R: 200 000 000) ordinary
g, q{ pq { qg@
Issued, subscribed and paid up share capital
Mergerreserve
Prem‹umon ‹ssueofmghtshares SurplusOnrevauaDonofheehOldland
Revenue reserve - unappropriated profit
TOTAL EQUITY
3.000 000 2,000,000
1,023,175 l,023,17S
269,636
60,gQj 631,792
289,636
6g,g0•j 597,419
982,332 947,9S9
12,037,709 11,523,8d7 13,020,Oj0 12,47t,80o
l4,0H3,2lS t3,994,981
NON-CURRENT ASSETS
Pnop‹nty, pantand equipment Rght-oñuse asset ingtenninvestment
21,997,910 11,55:,059
NON-CURRENT LIABIMTIES
Long term finanQng
De(erred iname - Government 9rant
Trade and otfier payables Short term borrowings
3,193,263
;›j, gp
3,320,892
3,77i,7T4
189,512
9,803,222
2,741,W8
37,677
2S2,209
3, gj,$@
2,887,196
355,641
9,763,274
Shontenmdepcs‹band prepayment Sales tax refundable
359,159
11,107,260
5,287,163
169,315
36,191
79,193
649Q02
472 dW
19,923,633
10,674,019
4,293,691
n,an
1W,OSS
21,6D9
61S 656
19,213,952
857,704
919,687
Mon-cunentassebdassfedasheld forsale
87 233
Taxabon and levy - net Undaimed dividend
TOTALLIABILNIES
TOTAL EQUZTY AND MABILITTES
The annexed notes form an integral part of these financial statement.
21,708
749
14,64d 669
17,965,561
32,008,776
112,149
749
t4,038 696
17,070,030
30 565 011
20,010,866
TOTALASSETS
l9,213,9S2
30,56f,011
CHIfiF- EXECUTNE OFNICER
DIRECTOR
CHlEF MNANCIALOFMOER
SHARE CAPITAL | RESERVES | TOTAL Equrry | |||||
CAPITAL RESERVES | REVENUE RESERVE | TOTAL | |||||
flerger reserve | Premium on issue of right shares | Surplus on revaluation of freehold land | Sub total | Unappropriated | |||
3.K. SPINNING MELLS MMITED STATEMENT OF CHANGES IN EQUZTY FOR THE YEAR ENDED 30 3UNE 2025
Balance as at 30 June 2023
-------------------------- ------ ---------------(RUPEES IN nousxno)-------------------------------------------------------1,023,175 289,636 60,904 597,419 947,959 10,517,336 11,465,295 12,488,470
Profit for the year
Other comprehensive income for the year Toal comprehensive income for the year
1,006,S11 1,0g6,511 1,006,511
1,006,511 1,006,511 1,006,511
Balance as at 30 June 2024
Profit for the year
Other comprehensive income for the year Total comprehensive income for the year
Balance as at 30 3une 2025
CHIEF EXECUTIVE OFFICER
1,023,175 289,636
513,861
513,861
513,861
34,373
34,373
34 373
34,373
34 373 34 373
513,861
548,234
1 023,175 289,636
60,904
60,904
DIRECTOR
597,419
631,792
9d7,959
982,332 _
11,523,847 12,471,806 13,49t,981
12,037,708 13,020040 1Q,O43,215
CHIEF FINANCIAL OFFICER
3.K. SPINNING MILLS LIMITED
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 3UNE 2025
2025 2024
(RUPEES IN THOUSAND)
CASH FLOWS FROM OPERATING ACTIVITIES | |||
Cash generated from operations | 4,684,226 | 2,444,915 | |
Finance cost paid | (1,945,175) | (2,443,506) | |
Mark-up paid against lease liabilities | (7,099) | (10,137) | |
Income tax and levy paid | (731,708) | (428,695) | |
Net (increase) / decrease in long term deposits | (208,310) | 23,200 | |
Workers' profit participation fund paid | (91,299) | (111,524) | |
Net cash generated from / (used in) operating activities | 1,700,635 | (525,747) | |
CASH FLOWS FROI'4 INVESTING ACTIVITIES | |||
Capital expenditure on property, plant and equipment | (1,666,040) | (769,716) | |
Proceeds from sale of property, plant and equipment | 77,874 | 58,820 | |
Investments made | (616,235) | ||
Profit received on saving accounts and term deposit receipts | 63,262 | 35,720 | |
Proceeds from sale of investments | 23,838 | 17,846 | |
Net cash used in investing activities | (2,117,301) | (657,330) | |
CASH FLOWS FROM FINANCING ACTIVITIES | |||
Proceeds from long term financing | 1,156,298 | 350,631 | |
Repayment of long term financing | (917,377) | (810,258) | |
Repayment of lease liabilities | (11,707) | (9,185) | |
Short term borrowings - net | 39,948 | 1,902,553 | |
Dividend paid | (34) | ||
Net cash from financing activities | 267,162 | 1,433,707 | |
NET [DECREASE) / INCREASE IN CASH AND CASH EQUIVALENTS | (149,504) | 250,630 | |
Net foreign exchange difference on translation of bank balances | 3,727 | {4,210) | |
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR
618,656
472,879
372,236
618,656
DIRECTOR
!!* G
/a
CHIEFEXECLNJVEOFFICER CHIEF FINANCIAL OFFICER