KHALID SIRAJ TEXTILE MILLS LIMITED | ||||
135-UPPER MALL, LAHORE | ||||
Tel: +92-42-35761706-07, Fax: +92-42-35761708 | ||||
Email: kstmlspinning@outlook.com Website: https://www.kstml.com.pk | ||||
October 3, 2025 | ||||
The General Manager, | ||||
Pakistan Stock Exchange Limited | ||||
Stock Exchange Building, | ||||
Stock Exchange Road, | ||||
Karachi. | ||||
Subject: FINANCIAL RESULTS FOR THE YEAR ENDED JUNE 30, 2025 | ||||
Dear Sir, | ||||
We would like to inform you that the Board of Directors of the company in their Meeting held on Friday, October 03, 2025 at 09:30 a.m. at 135-Upper Mall Lahore office apprived the finanacial statements for the year nded June 30, 2025 and recommended the following: | ||||
(i) | CASH DIVIDEND | AND/OR | NIL | |
(ii) | BONUS SHARES | AND/OR | NIL | |
(iii) | RIGHT SHARES | AND/OR | NIL | |
(iv) | ANY OTHER ENTITLEMENT / CORPORATE ACTION | AND/OR | NONE | |
(v) | ANY OTHER PRICE-SENSITIVE INFORMATION | AND/OR | NONE | |
The financial results for the year ended June 30, 2025 are attached. | ||||
The Annual General Meeting of the members of the Company will be held on Tuesday, October 28, 2025 at 10:00 a.m. at its registered office 135-Upper Mall, Lahore. | ||||
The Share Transfer Books of the Company will be closed from October 21, 2025 to October 28, 2025 (bothdays inclusive). Transfers received in order at the office of the Share Registrar of the The Comapny namely M/S Corplink (Pvt) Ltd., Wings Arcade, 1-K, Commercial, Model Town, Lahore Pakistan at the close of business on October 20, 2025 will be treated in time for the purpose of dicidend entitlement and attending the AGM. | ||||
This is for your information and dissemination amongst the TRE certificate holders. | ||||
The Annual Report of the Company will be transmitted through PUCARS atleast 21 days before holding of Annual General Meeting. | ||||
Thanking you. | ||||
Yours truley, | ||||
for Khalid Siraj Textile Mills Limited | ||||
(Haji Tariq Samad) | ||||
Company Secretary | ||||
Khalid Siraj Textile Mills Limited | ||||
Statementof of Financial Position | ||||
As at 30 June 2025 | ||||
Audited | ||||
Notes | 30-Jun-25 | 30-Jun-24 | ||
Rupees | Rupees | |||
EQUITY AND LIABILITIES | ||||
Share capital and reserves | ||||
Authorized share capital | ||||
12,000,000 (30 June 2024: 12,000,000) ordinary shares of Rs. 10 each | 120,000,000 | 120,000,000 | ||
Issued, subscribed and paid-up share capital | 6 | 107,000,000 | 107,000,000 | |
Accumulated loss | (399,195,165) | (392,762,091) | ||
Surplus on revaluation of property, plant and equipment | 214,950,749 | 227,840,413 | ||
(77,244,416) | (57,921,678) | |||
Non-current liabilities | ||||
Long-term finances | 7 | 153,895,767 | 149,975,333 | |
Deferred liabilities | 8 | 39,792,875 | 45,057,667 | |
Current liabilities | ||||
Short-term borrowings | 9 | 68,180,179 | 68,216,918 | |
Unclaimed Dividend | 10 | 24,058,182 | 24,058,182 | |
Mark-up accrued | 11 | 16,790,575 | 16,790,575 | |
Trade and other payables | 12 | 77,341,802 | 77,770,255 | |
Income tax liability | 249,659 | 359,749 | ||
186,620,397 | 187,195,679 | |||
Contingencies and commitments | 13 | - | - | |
303,064,623 | 324,307,001 | |||
ASSETS | ||||
Non-current assets | ||||
Property, plant and equipment | 14 | 293,119,911 | 314,369,312 | |
Long-term deposits | 15 | 6,348,000 | 6,348,000 | |
299,467,911 | 320,717,312 | |||
Current assets | ||||
Stores, spare parts and loose tools | 16 | 3,018,542 | 3,018,542 | |
Trade deposits and short-term prepayments | 17 | 507,100 | 507,100 | |
Tax refunds due from government | 18 | 54,607 | 56,663 | |
Cash and bank balances | 19 | 16,463 | 7,384 | |
3,596,712 | 3,589,689 | |||
303,064,623 | 324,307,001 | |||
CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER | ||||
Khalid Siraj Textile Mills Limited | |||
STATEMENT OF PROFIT OR LOSS | |||
For The Year Ended 30 June 2025 | |||
Audited | |||
30-Jun-25 | 30-Jun-24 | ||
Notes | Rupees | Rupees | |
Other operating income | 20 | - | 20,137,171 |
Other operating expenses | |||
Administrative and selling expenses | 21 | (3,262,343) | (3,387,728) |
Other Operating Expenses | 22 | (21,249,401) | (23,580,609) |
Finance costs | 23 | (75,786) | (119,788) |
(24,587,530) | (27,088,125) | ||
(Loss) / profit before taxation | (24,587,530) | (6,950,954) | |
Provision for taxation | 24 | 5,264,792 | (6,773,802) |
(Loss) / profit after taxation | (19,322,738) | (13,724,756) | |
Other comprehensive loss | - | - | |
Total comprehensive loss | (19,322,738) | (13,724,756) | |
(Loss)/Earnings per share (basic and diluted) | (1.81) | (1.28) | |
CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER | |||
Khalid Siraj Textile Mills Limited Statement of Changes in Equity For The Year Ended 30 June 2025
Particulars | Share capital | Accumulated Loss | Revaluation surplus on property, plant and equipment | Total Equity |
------------------------------ Rupees ------------------------------
Balance as at June 30, 2023 | 107,000,000 | (393,338,815) | 242,141,894 | (44,196,921) |
Total comprehensive income/(loss) | - | (13,724,757) | - | (13,724,757) |
Incremental depreciation on revaluation of property, plant and equipment for the period (net of | - | 14,301,479 | (14,301,479) | - |
deferred taxation | ||||
Balance as at June 30, 2024 | 107,000,000 | (392,762,093) | 227,840,415 | (57,921,678) |
Total comprehensive income/(loss) | - | (19,322,738) | - | (19,322,738) |
Incremental depreciation on revaluation of property, plant and equipment for the period (net of | - | 12,889,664 | (12,889,664) | - |
deferred taxation | ||||
Balance as at June 30, 2025 | 107,000,000 | (399,195,167) | 214,950,751 | (77,244,416) |
CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER
Khalid Siraj Textile Mills Limited | ||||
Statement of Cash Flows | ||||
For The Year Ended 30 June 2025 | ||||
Audited | ||||
30-Jun-25 | 30-Jun-24 | |||
Note | Rupees | Rupees | ||
(Loss) for the year | (24,587,530) | (6,950,955) | ||
Adjustment for non-cash items | ||||
Interest on worker's profit participation fund | 27 | - | 94,003 | |
Interest on worker's welfare fund | - | 20,728 | ||
Old liabilities written back | 24 | - | (19,641,787) | |
Depreciatio n | 21,249,401 | 23,580,609 | ||
Finance cost | (75,786.00) | 5,057 | ||
Cash flows before working capital changes | (3,413,915) | (2,892,345) | ||
Changes in operating assets / liabilities | ||||
Decrease / (increase) in current liabilities | ||||
Trade and other payables | (428,453) | 1,835,535 | ||
Finance cost paid | 75,786 | (5,057) | ||
Income taxes paid | (108,034) | (2,056) | ||
Net cash flows (used in) / from operating activities | (3,874,616) | (1,063,923) | ||
Cash flows from financing activities | ||||
(Repayments) / Proceeds (net) of short-term borrowings | (36,739) | (7,547) | ||
Proceeds (net) of long-term finances | 3,920,434 | 577,335 | ||
Net cash flows (used in) / from financing activities | 3,883,695 | 569,788 | ||
Net decrease in cash and cash equivalents | 9,079 | (494,135) | ||
Cash and cash equivalents at beginning of the year | 7,384 | 501,519 | ||
Cash and cash equivalents at end of the year | 16,463 | 7,384 | ||
CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER | ||||