Transmission of 3rd Quarterly Report for the Period Ended 31-03-2026 (Un-Audited)

Mr. M. Naseem Saigol Chairman

Mr. Muhammad Zeid Yousuf Saigol Chief Executive Officer Mr. Muhammad Murad Saigol

Mr. Muhammad Omer Farooq Mr. Muhammad Athar Rafiq Syed Haroon Rashid

Mrs. Sadaf Kashif

Mrs. Sadaf Kashif Chairperson /Member

Mr. Muhammad Omer Farooq Member

Mr. Muhammad Athar Rafiq Member

Mrs. Sadaf Kashif Chairperson

Mr. M. Naseem Saigol Member

Mr. Muhammad Zeid Yousuf Saigol Member

Mr. Liaquat Ali

Mr. Zahoor Ahmed

M/s Rahman Sarfaraz Rahim Iqbal Rafiq & Co. Chartered Accountants

https://www.kpcl.com.pk

Askari Bank Limited MCB Bank Limited

National Bank of Pakistan United Bank Limited Sindh Bank Limited

10-G, Mushtaq Ahmed Gurmani Road, Gulberg-II, Lahore

Tel: 042-35920151-59 (Pabx) & 042-35920133 (Direct)

E-mail: shares@saigols.com

Kohinoor Nagar, Faisalabad.

51-KM, Multan Road, Lahore.

M/s Corplink (Pvt.) Limited Wings Arcade, 1-K, Commercial, Model Town, Lahore

Tel: 35916714-19, 35839182 Fax: 35869037

E-mail: shares@corplink.com.pk

‌I1¥HIFS4¥R POWER COMPANY LIMITED

DIRECTORS' REPORT

The Directors' of Kohinoor Power Company Limited feels pleasure to forward you the report on the performance of the company for the 3rd Quarter ended March 31, 2026.

During the period under review, the revenue of the Company for the period is Rs. 7. 502 million as compared to Rs. 4.131 million in the corresponding period last year. During the period under review, the company earned Gross Profit of Rs. 4.698 million as compared to profit of Rs. 1.158 million in the corresponding period last year. The company has earned net profit of Rs. 3.858 million as compared to profit of Rs. 2.065 million with an EPS of Rs. 0.06 in comparison to Rs. 0.31 in the corresponding period last year. The increase in profit mainly due to increase in rental income of the Company.

COMPOSITION OP BOARD

Composition of the Board of Directors is as under.

COMMITTEE'S

Detail of Committees of Board is as under.

AUDIT COMMITTEE

Mrs. Sadat Kashif

Mr. Muhammad Omer Farooq Mr. Muhammad Athar Rafiq

HR 8s REMUNERATION COMMITTEE

Chairman Member Member

Mrs. Sadaf Kashif Chairman

Mr. M. Naseem Saigol Member Mr. Muhammad Zeid Yousuf Saigol Member

We wish to thank to the shareholders for their support. We are pleased to record our appreciation of the services rendered by the employees of the company and hope that the same spirit of devotion will continue in future.

For and on behalf of the Boards

Lahore M. ZEID YO

April 30, 2026 Chief Executive Director

Mailling Address: 10-G, Mushtaq Gurmani Road, Gulberg-II, Lahore. Tel: 92-42-35920133 G. P. O. Box No. 675 Registered Office: 17 - Aziz Avenue, Canal Bank, Gulberg - V, Lahore - 54660, Pakistan. https://www.kpcl.com.pk

The annexed notes from 1 la 6 form an integral part ol' These condensed inferim financial statements

The annexed notes from Y yo T6 form an integral pa/•f of fAese condensed interim ftnanr/af sfafements

‌CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS

FOR THE NINE-MONTH PERIOD ENDED 31 MARCH 2026

The annexed notes from 1 to 16 form an integral part at Iheae condensed interim financial sfafemen/s

C naI I E xo e ut Tva O TII cq r

‌' CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME

FOR THE NINE-MONTH PERIOD ENDED 31 MARCH 2026

Nine-month period ended Three-month period ended

31 •Mar•26 31-Mar-25

Rupegs Rupees

[Un•audite d] [Un-audited]

31-Mar-26 31-Mar-25

Rupees Rupees

[Un-audated] [Un-audited]

Profit after income taxes

Other comprehensive income:

Items thaI 'i// no I 6e reclas iried subsequenfly to profit or los'

/fems thaI may be recIassined sulssequen fty to pro fil or toss

Other comprehensive income/(loss) after income taxes Total comprehensive income

3.858,208

3,858,208

789,427

789,427

1,377,154

1,377,154

520,11 1

520,11 1

The annexed notes tram 1 Io 16 form an integral part of these condensed interim financials talements

‌CONDENSED INTERIM STATEMENT OF CHANGES IN Eouim

FOR IH E NINE -MONIH PEFt!OD ENDED 31 MARC H 202G

Ac cvmulate d

Total

P remium

reserve

Total

As at 01 J uly 2025 - [Auditc d]

126. 000, 000

31,000.O0O 235,500,000 269, fi00,000 (273,390.812) 122, J 09, 1B8

Totsi comprc hensive inc omc for the pcriod Prolit after income laxes

Otner comprehensive income afler income axe

3,858, 208

3,8 S6, 208

-

3,858, 206

miher transactions

426 000 000

34 000.000

23 S 500,000

269, $00 000

t26 9 032 604)

42S.967, 396

tAe annexed notee from 1 io 16 form an integral part oI these condensed inteifim rinanciat sfafemenfs

‌NOTES TO THE FINANCIAL STATEMENTS

FOR THE NINE-MONTH PERIOD ENDED 31 MARCH 2026

1. LEGAL STATUS AMD OPERATlOwS

   Kohinoor Power Company Limited ['the Company'] was incorporated in Pakistan on 08 December 1991 as a Private Limited Company under repealed Companies Ordinance. 1984 (now Companies Act, 2017) and subsequently converted into Public Limited Company on 10 May 1992 Its shares are listed on the Pakistan Stock Exchange LimiIed.Subsequently, the Company amended its memorandum of association to ‹nclude in its objects. leasing out of its machinery and buildings under operating lease arrangements, as and when considered fit

   1. Location of business units

      Registered office Investment property

2. BASIS OF PREPARATION

   17-Aziz Avenue, Canal Bank, Gulberg-V, Lahore, Pakistan College Road, Madina Town, Faisalabad, Pakistan

   These interim financial statements are un-audited and have been presented in condensed form and do not include all information as is required to be provided in a full set of annual financial statements. These interim financial statements should be read in conjunction with the annual audited financial statements of the Company for the year ended 30 June 2025.

   These interim financial statements have been subjected to limited scope review by auditors of the company, as required under section 237 of the Companies Act 2017 The comparative condensed interim statement of financial position as at 30 June 2025 and the related notes to the interim financial statements are based on audited financial statements. The comparative condensed nterim statement of profit or loss, condensed interim statement of comprehensive income. condensed interim statement of changes in equity. condensed interim statement of cash flows and related notes to the condensed interim financial statements for the s x-month period ended 31 December 2024 are based on unaudiled. reviewed interim financial statements. The condensed interim statement of profit or loss and condensed interim statement of comprehensive income for Ihe three-month period ended 31 December 2025 and 31 December 2024 are neither audited nor reviewed.

   1. Statement of compliance

      These interim financial slatemenls have been prepared in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting. The account ng and reporting standards as applicable in Pakistan for interim financial reporting comprises of

      International Accounting Standard 34 'Interim Financial Reporting' [IAS 34], issued by International Accounting Standards Board as notified under the Companies Act 2017; and

      Provisions of and directives issued under the Companies Act. 2017

      Where the provisions of and d‹rect‹ves issued under the Companies Act. 2017 differ with the requirements of IAS 34, the provisions of and directives issued under the Companies Act, 2017 have been followed.

   2. Basis of meas uremcnt

      These interim financial statements have been prepared on the historical cost basis except for the following items, which are measured on an alternative basis as at the reporting da(e.

      Items

      Financial liabilities Financial assets Machinery

   3. Judgments, estimates and assumptions

      Measurement basis Amortized cost

      Fair value/amortized cost Revalued amounts

      The preparation of inlerim financial statements requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. The estimates and associated assumptions and udgements are based on historical experience and various other factors that are believed to be reasonable under the circumstances. the result of whlch forms the basis of making judgements about carrying values of assets and liabilities that are not readily apparenI mom other sources Actual results may differ from these estimates

      Estimate and underlying assumptions are reviewed on an ongoing bases. Revisions to accounting estimates are recognized in the period in which the estimate is revised and in any future periods affected

   4. Functional currency

      These interim financial statements have been prepared in Pak Rupees which is the Company's functional currency. The amounts reported in these interim financial stalemenls have been rounded to the nearest Rupees unless specified otherwise.

      ‌* NOTES TO THE FINANCIAL STATEMENTS

      FOR THE NINE-MONTH PERIOD ENDED 31 MARCH 2026

   5. Date of authorization for issue

      These interim financial statements have been approved by Ihe Board of Directors of the Company and authorized for issue on 00 January 1900.

3. NEW AND REVISED STANDARDS, INTERPRETATIONS AND AMENDMENTS EF FEC TIVE DURING THE PERIOD

   The following new and revised International Financial Reporting Standards [IF fts] and International Accounting Standards [IAS], interpretations of and amendments to IFRS and IAS are effective in the current period but are either not relevant to the Company or Iheir application does not have any materia! impact on the financial statements of the Company other than presentation and disclosures, except as stated otherwise.

   1. Lack of Exchangeabi!ity {Amendments to IAS 21)

The amendmenls cu»tain guidance lo specify when a currency is exchangeable and how to determine the exchange rate when it is not

NEW AND REVISED STANDARDS, INTERPRETATIONS AND AMENDMENTS NOT YET EFFECTIVE.

The following standards, 'nterpretations and amendments are in issue which are not effective as at the reporting date and have not been early adopted by the Company.

Effective date

(annual periods beginning on or after)

Amendments IFRS 9 ano IFRS 7 regarding the cgassification and measurement of financial instruments

Amendments IFRS 9 and IFRS 7 regarding the power purchase agreements Annual Improvements to IFRS Accounting Standards - Vnlume 11

IFRS d7 Insurance Contracts

IFRS 1B Presentation and Disclosures in Financial Statements IFRS 19 Subsidiaries wi(hout Public Accountability: Disclosures

IFRS S1 General Requirements for Disclosure of SustaiiJability-related Financial Information IFRS S2 Climate-related Disclosures

0 January 2026

01 January 2026

01 January 2026

0^ January 2027

01 January 2027

01 January 2027

01 July 2027

01 July 2027

Other than aforementioned standards. interpretalions and amendments, IASB has also issued the following standards which have not oeen notified by the Securities and Exchange Commission of Pakistan for adoption.

IFRS 1 First Time Adoption of International Financial Reporting Standards

The Compai y intends to adopt these new standards on their effective dates, subject to notification by Securities and Exchange Commission of akistan under section 225 of the Companies Act, 2017 regarding their adoption. The management anticipates that the adoption of the above standards, amendments and interpretations in future periods, will not have a material impact on the

The accounling policies adopted in lhe preparation of lhese interim financial statements are the same as those applied in the preparation of preceding annual financial sl8tements of the Company for the year ended 30 June 2025.

There are no known commitmenis as at the reporting date.

Nine-month period ended

31-Mar-26 31-Mar-25

Rupees Rupees

[Un•audited] [Un-audited]

PROVISION FOFt LEVIES

Levies under Income Tax Ordinance, 2001 Current year

1. TRANSACTIONS AND BALANCES WITH RELATED PARTIES

   841,048

   841,048

   47.737

   47,737

   The details of t›e Company's related parties, with whom the Company had transactions during the year or has balances outstanding as at the reporting dale. are as follows.

   mNla e o a

   Pak Elektron Limited

   Sar tow Sp nn ng Mills Limited

   Red Communication Arts (Private) Limited

   Nature and basis of relationship Associated company [Common Directorship] Associated company [Common Oirectorship] Associated company [Common Directorship]

   The Company continues to have a policy whereby all transactions with related parties entered into in the ordinary course of business are carried out on commercial terms and conditions which are equivalent to those prevailing in an arm's length Transaction. Details of transactions and balances with related parties is as follows:

   1. Transactions with related parties Nature of relationship

Associated Companies

Nine-month period ended

31-Mar-26 31-Mar•25

Rupees Rupees

[Un-aud itedj [Un-audited]

Nature of transactions

Advertising expenses 147J00 55,900

Nature of relationship Associated companies

Nature of balances

Advances from customers 342,193 998,926

Lease rentais receivable

15,023,925

15,136,764

‌The carrying amounts of the Ccmpany's financial assets and liabilities as at the reporting date are as follows:

The Company measuies some of its assets at fair value. The fair value hierarchy of financial instruments measured at fair value and lhe information about how the fair values of these financial instruments are determined aie as follows.

Theie are no recumng or icon-recurring fair value measurements as at the reporting date. The management considers the carrying amount of all the financial instruments to approximate their fair values.

There are no non-recurring fair value measurements as at the reporting oate.

1. FINANCIAL RISK MANAGEMENT

   The Company's financial risk management objectives and policies are consistent with those disclosed in the audited annual published financial statements of the Company for the year ended 30 June 2025

2. EVENTS AFTER THE REPORTING PERIOD

   There are no significant events after the reporting period that may requi e adjustment of and/or disclosure in these interim financial statements

3. RECOVERABLE ACCOUNTS AND IMPAIRMENT

   As al the reporting date, recoverable amounts of all assets/cash generating un ts are equal to or exceed their carrying amounts, unless stated otnerwise in these i.nterim financial statements.

4. GENERAL

16.2 Corresponding figures have been re-arranged where necessary to facilitate comparison. However, there are no significant reclassifications during the period