KOHINOOR
KOHINOOR SPINNING MILLS LIMITED
TUV
ISO 9001:2000
CERT I FIED
7/1, E-3, Main Boulevard, Gulberg - III, Lahore, Pakistan.
Tel: *92-42-35757108, 3571751 0 - 17 Fax: +92-42-357s4036, 35764043, 35757J05
Email: ksml@pol.com.pk
April 28, 2025
The general Manager,
Pakistan Stock Exchange Limited Stock Exchange Building,
Stock Exchange Road, Karachi.
FINANCIL RESULTS FOR THE PERIOD ENDED MARCH 31, 2025 (UN-AUDITED).
Dear Sir,
We wish to inform you that the Board of Directors of our Company, in their meeting held on Monday April 28, 2025 at 10:A.M. at the registered office of the Company recommended the following:
Cash Dividend Bonus Shares Right Share
Nil Nil Nil
In compliance of Notice No. PSX/N-062 dated January 10, 202S: we enclosed herewith the following: Financial Result (Statement of Profit or Loss)
Statement of Financial Position
Statement of Cash Flows Statement of Change in Equity
The half yearly report of the Company for period ended March 31, 2025 will be transmitted through PUCARS separately, with in the specified time.
Yours truly,
For Kohinoor Spinning Mills limited
Company Secretary
KOHINOOR SPINNING MILLS LIMITED
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT MARCH 31, 2025 (UN-AUDITED)
EQUITY AND LJABILITIES
Share Capital and Reserves Authorised Capital
440,000,000 (Uone 30. 2024 - 44 0.000.000j or6inary shares oI 9s.5 • ach
Issued, subscribed and paid up capital
4 d2,106.78 5 (June 0, 2024 - 44 2,4 06,7B5) ordinary shares of R s 5 each
Surplus on revaluation of fixed assets Reserves
NON-CURRENT LIABILITIES
Long term Loans Deferred liabilities CURRENT LTABILITIES
Trade and other payables
Accrued Interest on loans and borrowings Short-term borrowings
Current portion of long term loan
Supplier's credit
Un-claimed dividend
Notes
5
Un-Audited March 31, 2025
(Ru pees)
2,060,533,925 | Z,060,533,O25 | |
1,797,379,209 | 1,797,379,209 | |
(3,403,635,971) | (3,295,153,875) |
2,200,000,000
454,277,163
591,381,269 | 556,151,269 | ||
33,242,637 | 30,810,537 |
469,931,417 | 535,14 7,587 | |
471,877,939 | 471,877,939 | |
1,463,142,972 | 1,463,142,972 | |
364,705,682 | 364,705,882 | |
268,651,306 | 264,455,108 | |
1,915,116 | 1,915,116 |
624,623,906
u,u40,224,63 2
4,1 19,1 25,701
Audited
June 30, 2024
(Rupees)
2,200, 000,000
562,759, 260
58G,961,8 06
3,101,244,604
4,250.965,670
ASSETS
NON CURRENT ASSETS
Property, plant and equipment Long term deposils
Long let m investments
CURREMTASsETs
Stores and spares Stock-in-made Trade debts
Tax refundable Loans and advances
Cash and bank balances
Notes
6
U n-Audited
March 31, 2025 (Rupees)
3,379,601,009 | 3,4 z 5,084,386 | |
44,221,31 2 | 44,221,312 | |
197,921 | 197,921 |
12,937,933 | 12,93/,933 | |
587,518,736 | 587,518,736 | |
76,594,447 | 112,585,760 | |
3,666,830 | 3,480, 829 | |
13,495,745 | 13,647,528 | |
891,768 | 1,091,267 |
3.A24,020, 242
G95,105,459
4 11 2 70
Audited
June 30, 2024
(Rupees)
3,519,503, 610
r ¥1,462,054
4,250,966.670
The annexed notes form an integral part o1 these condensed interim financial jnf mation.
Lahore,
April 28, 2025 C j•j A I R M A N
ELHE I O E R
KOHINOOR SPINNING MILLS LIMITED
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS ACCOUNT (UN-AUDITED) FOR THE PERIOD ENDED MARCH 31, 2025
Period Year Ended Quarter Ended
Un-Audited Un-Audited
Neo te s March 31,2025 March 31,2024
(Rupees) (Rupees)
Un-Audited
March 31,2025
(Rupees)
Un-Audited
March 31 .2024
(Rupees}
SALES • NET
COST OF SALES
GROSS (LOSS)
OPERATING EXPENSES
Distribution Cost Administrative
(116,194,474)
(116,t94,474)
(131,405,496)
(131,495,496)
(37,225,248) (36,287,6 23)
(37,225, 248) (36,287,6 23)
OPERATING (LOSS)
Financial cost
Other operating income
(LOSS) BEFORE TAXATION
TAXATION
{LOSS) AFTER TAXATION
LOSS} PER SHARE - BASIC & DILUTED
f116,194,474)
(14,508,845)
22,502,4 73
7,993,628
(108,200,846)
(281,2TO)
(108,482,096)
{0.26)
(131,4 95,496)
(17,4g5,624)
35,585,939
18,120,315
(113,375,181)
(6g7,876)
(114,073,057)
(0.28)
(37,225,248)
(6,772,428}
(93,450)
(6,8 65,87 8)
(44,09 1,126)
(93,750)
(54,184,876)
(0.11)
(36,287,623)
(5,806,815)
10,500.000
4,693.185
f31,594.4 38)
{93,750}
(31,688,188)
(0.08)
The annexed notes form an inte8ral part of these condensed interim financial information.
Lahore.
April 28, 2025
C H A I R M A N EMCVH I E F E O F F I C E C H I E F F N A N C I A L F I C E R
KOHINOOR SPINNING MILLS LIMITED
CONDENSED INTERIM STATEMENT OF CHANGE IN EQUITY (UN-ADITED) FOR THE PERIOD ENDED MARCH 31, 2025
Share Capital | Cap tal Reserves | Revenue | Reserves | Total | |
Accumulated (Loss) | Gain on Revaluation Surplus | Fair Value Reserves | |||
(Rupeesl | Share Premium | ||||
Balance as at July 01, 2023
Issue of shares other than right issue
Loss for the period ended aRer taxafion
Unrealized gain due to change in fair
1,078,571,425
981,962,500
(Rupees) (Rupees) (Rupees) 171,428,570 f3,S03,246,334) 2,189,597,998 (802,079)
(114,073,007)
] 51,351
(Rupees)
(64,400,420/
381.962 LOG
(114,073,057)
Value of long ten iflvesiment
Balance as on March 31, 2024
E
e
Balance as on July 01, 2024 Loss for the period ended afier taxation Unrealised gain to change in fair
Balance as on March 31, 2025
2,060,533,925
2,06O,S44,92S
171,428,570 (3,617,319,J91) 2,189,597,998 (660,728)
171,428,570 {3,468,780,366) fi,797,379,209 (802,079)
171,428, 570 (3,574,262,462) 1,797,479,209 (802,079}
454,277,163
(108,482,095}
803, 690, 374
S62,7S9,2S9 (108,482,096)
Lahore, A#2#202# C: H A I R M A N
FCXUH E T V E 0 F F I C E R
C H I QF F I N A N C ML O F F I C E I
KOHINOOR SPINNING MILLS LIMITED
CONDENSED INTERIM STATEMENT OF CASH FLOW (UN-ADITED) FOR THE PERIOD ENDED MARCH 31, 2025
Un-Audited March 31, 2025 (Rupees) | Un-Audited March 31, 2024 (Rupees) | ||||
CASH FLOW FROM OPERATING ACTIVITIES | |||||
(Loss) before taxation | (108,200,846) | (113.375,181 ) | |||
Adjustments of non cash charges and other items: | |||||
Depreciation / amortization | 95,483,375 | 10 ,389,627 | |||
Gratuity | 2,695,500 | 631,125 | |||
Gain/loss on sale of fixed assets | (6,017,857) | ||||
Profit on bank income | (2,473) | ||||
Other income | (22,500,000) | ||||
Financial cost | 14,508,845 | 17,465,624 | |||
Operating profit before working capital changes | (18,015,599) | 93,338 | |||
(Increase)/decrease in current assets | |||||
Stores and spares | |||||
Stock-in-trade | |||||
Trade debts | 35,991,313 | 4,160,922 | |||
Tax receivable | (186,001) | ||||
Loan & advances | 351,783 | 1,376,557 | |||
Other receivables | |||||
36,157,095 | 5.537,479* | ||||
Increase in cvrrent liabilities | |||||
Trade and other payables | (61,019,973) | (142,150,125) | |||
(42,878,477) | (136,519,308) | ||||
Financial cosl paid | (14,fi08,845) | (17,465,624) | |||
Income tax paid | (281,250) | (1,113,865) | |||
Gratuity paid | (263,400) | (816,200) | |||
Net cash used in operations | (57,931,972) | (155,914,997) | |||
CASH FLOW FROM INVESTING ACTIVITIES | |||||
Property,Plant & Equipment | |||||
Proceeds from disposal property, plant and equipment | 6,672,350 | ||||
Net cash used in investing activities | 6,672,350 | ||||
CASH FLOW FROM FINANCING ACTIVITIES | |||||
(Repayments)/proceeds from: | |||||
Increase in shares capitan other than right issue | 981,962,500 | ||||
Increase/Decrease in long term loan from directors | 35,230,000 | (832,508,150) | |||
Profit on bank income | 2,473 | ||||
Other income | 22, 500,000 | ||||
Net cash generated from financing activities | 57,732,473 | 149,454,350 | |||
NET DECREASE IN CASH AND CASh EQUIVALENTS | 211,703 | ||||
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD | 1,091,267 | 846,470 | |||
CASH AND CASH EQUIVALENTS AT | |||||
THE END OF THE PEROD | 891,768 | 1,058,173 | |||
'lie annexed notes form an integral part of these condensed interim financial informa tion | |||||
Lahore, April 28, 2025 C H A I R M A N
ECNHT I E I E 0 F F I C E R