STATEMENT OF PROFIT OR LOSS
FOR THE YEAR ENDED JUNE 30, 2024
2024 | 2023 | ||
Note | Rupees | Rupees | |
SALES | 18,354,500 | 27,103,500 | |
Less: COST OF SALES | 17 | 13,309,832 | 19,426,034 |
GROSS PROFIT | 5,044,668 | 7,677,466 | |
Less: Administrative Expenses | 18 | 16,944,650 | 15,858,954 |
Other Operating Expenses | 20 | 585,720 | 583,290 |
Financial Expenses - Bank Charges | 8,880 | 3,784 | |
17,539,250 | 16,446,028 | ||
(12,494,582) | (8,768,562) | ||
Fair Value Remeasurement Adjustment - Biological Assets | (410,781) | (1,317,724) | |
Other Operating Income - Rent | 6,937,100 | 5,433,400 | |
Agriculture Income | 213,800 | 124,500 | |
OPERATING (LOSS) | (5,754,463) | (4,528,386) | |
(LOSS) BEFORE TAXATION | (5,754,463) | (4,528,386) | |
TAXATION | 21 | (1,091,994) | (613,371) |
NET (LOSS) FOR THE YEAR | (4,662,469) | (3,915,015) | |
EARNINGS / (LOSS) PER SHARE - BASIC AND DILUTED | 22 | (3.80) | (3.19) |
The annexed notes form an integral part of these financial statements.