Transmission of Quarterly Financial Statements for the Period Ended 31.12.2025

DECEMBER 31, 2025

CONTENTS

UNCONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS

Company Information 2

Directors' Review 3

Auditors' Report to the Members on Review of Interim Financial Statements 5

Unconsolidated Condensed Interim Statement of Financial Position 6

Unconsolidated Condensed Interim Statement of Profit or Loss 8

Unconsolidated Condensed Interim Statement of

Comprehensive Income 9

Unconsolidated Condensed Interim Statement of Changes in Equity 10

Unconsolidated Condensed Interim Statement of Cash Flows 11

Selected Notes to the Unconsolidated Condensed

Interim Financial Statements 12

CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS

Directors' Review on Consolidated Condensed Interim Financial Statements 25

Consolidated Condensed Interim Statement of Financial Position 26

Consolidated Condensed Interim Statement of Profit or Loss 28

Consolidated Condensed Interim Statement of Comprehensive Income 29

Consolidated Condensed Interim Statement of Changes in Equity 30

Consolidated Condensed Interim Statement of Cash Flows 31

Selected Notes to the Consolidated Condensed Interim Financial Statements 32

COMPANY INFORMATION

Board of Directors

Mr. Tariq Sayeed Saigol Chairman

Mr. Taufique Sayeed Saigol Chief Executive Mr. Sayeed Tariq Saigol

Mr. Waleed Tariq Saigol Mr. Danial Taufique Saigol Ms. Jahanara Saigol

Syed Muhammad Shabbar Zaidi Mr. Zulfikar Monnoo

Syed Mohsin Raza Naqvi

Audit Committee

Syed Muhammad Shabbar Zaidi Chairman Mr. Zulfikar Monnoo Member

Mr. Sayeed Tariq Saigol Member

Mr. Waleed Tariq Saigol Member

Human Resource & Remuneration Committee

Mr. Zulfikar Monnoo Chairman

Mr. Sayeed Tariq Saigol Member

Mr. Danial Taufique Saigol Member

Chief Financial Officer

Syed Mohsin Raza Naqvi

Company Secretary

Mr. Muhammad Ashraf

Head of Internal Audit

Mr. Fawad Ahmad Khan

Auditors

M/s. Riaz Ahmad & Company, Chartered Accountants

Legal Adviser

Mr. Muhammad Amin Hashmi, Advocate High Court

Bankers of the Company

Al Baraka Bank (Pakistan) Limited Allied Bank Limited

Askari Bank Limited Bank Alfalah Limited Bank Al-Habib Limited

BankIslami Pakistan Limited Bank Makramah Limited Faysal Bank Limited

Habib Bank Limited

Habib Metropolitan Bank Limited JS Bank Limited

MCB Bank Limited

MCB Islamic Bank Limited Meezan Bank Limited National Bank of Pakistan

PAIR Investment Company Limited SAMBA Bank Limited

The Bank of Khyber The Bank of Punjab United Bank Limited

Share Registrar

Vision Consulting Limited

5-C, LDA Flats, 2nd Floor, Lawrence Road, Lahore Tel: (00-92-42) 36283096-97

Fax: (00-92-42) 36312550

E-Mail: shares@vcl.com.pk

Registered Office

42-Lawrence Road, Lahore. Tel: (00-92-42) 36302261-62

Fax: (00-92-42) 36368721

Mills:

Peshawar Road, Rawalpindi Tel: (0092-51) 5495328-32

Fax: (0092-51) 5495304

Gulyana Road, Gujar Khan, District Rawalpindi

Tel: (0092-51) 3564472-74

8 K.M., Manga Raiwind Road, District Kasur Tel: (0092-42) 32560683-85,

Fax: (0092-42) 32560686-87

Website:

https://www.kmlg.com/ktml

Note: KTML's Financial Statements are also available at the above website.

DIRECTORS' REVIEW

The Directors present un-audited financial statements of the Company for the half year ended 31 December 2025, in compliance with the requirements of Section 237 of the Companies Act, 2017.

Review of Operations

The performance of the Company for the first half of the 2025-26 financial year improved over corresponding period of the previous year with encouraging results in the Home Textiles and Weaving divisions. This development helped overcome weakened performance of the Spinning divisions which were hampered by inexpensive yarn imports.

The planned back-process expansion at the Company's Gujar Khan Spinning site is fully operational which has allowed us to significantly widen the range of yarn count offerings, allowing greater flexibility to adapt to market conditions. Quality of output also improved with an ability to offer yarns inhouse to the Weaving and Home Textiles Divisions. The Company continues its efforts to modernize its Rawalpindi Spinning operations. Current investments are aimed at reducing power consumption and to improve quality. The new equipment will be in production in the first quarter of the coming financial year.

The Government's efforts to reduce malpractice in the use of imported yarns meant for exports has had a positive effect on the local industry and is leading to stable marketing prospects for yarn. The effects have been further bolstered by increased prices of yarn internationally. We expect the Spinning results to show improvement in the coming quarters.

The Company continues its policy of timely and prudent purchase of raw materials at competitive prices and its position is covered through to the arrival of the new cotton crop.

The results of the Weaving division are expected to be similar going forward as the increased costs of imported yarn will be offset by decreases in energy costs and operational efficiencies. Installation of modern back-process equipment is now completed, which should have positive effects on quality and productivity going forward.

The performance of the Home Textiles division was strongly driven by a timely refocusing of the Company's marketing strategy to move away from the US market and a further push to more value-added goods. We will continue to follow this policy going forward due to an ongoing and increasing lack of clarity with regards to US tariff policy. The Company is finalizing further expansion into digital printing technology with letters of credit set to be established shortly which will result in better quality and a reduction in usage of water.

Aligned with the Company's Sustainability policy, the switch to a fully biomass boiler has been successful and is paying dividends. The Company is in the process of installing new equipment to further reduce stack emissions which should be operational in the first quarter of the next financial year. We are currently in the process of examining and evaluating the addition of a battery-storage system to further reduce our energy costs and increase our usage of renewable energy.

We expect the results of the current financial year will surpass those of the previous financial year.

Financial Review

During the period under review, Company's sales decreased by 0.2% to Rs. 30,229 million (2024: Rs. 30,297 million), while cost of sales decreased by 1.2% to Rs. 25,295 million (2024: Rs. 25,601 million). This resulted in gross profit of Rs. 4,934 million (2024: Rs. 4,696 million). Operating profit for the period under review stood at Rs. 3,015 million (2024: Rs.3,540 million). The Company made an after-tax profit of Rs. 1,393 million (2024: Rs. 1,135 million). Earnings per share for the half year ended 31 December 2025 were at Rs.1.03 against Rs. 0.84 for the corresponding period last year.

Acknowledgement

The Directors are grateful to the Company's members, financial institutions and customers for their cooperation and support. They also appreciate hard work and dedication of all the employees working at the various divisions.

For and on behalf of the Board

2-A, ATS Centre, 30-West, Fazal-ul-Haq Road,Blue Area, Islamabad, Pakistan

T: +92 (51) 227 4121 - 2

F: +92 (51) 227 8859

racoisd@racopk.com https://www.racopk.com

INDEPENDENT AUDITOR'S REVIEW REPORT

To the members of Kohinoor Textile Mills Limited

Report on review of Unconsolidated Condensed Interim Financial Statements

Introduction

We have reviewed the accompanying unconsolidated condensed interim statement of financial position of KOHINOOR TEXTILE MILLS LIMITED as at 31 December 2025 and the related unconsolidated condensed interim statement of profit or loss, unconsolidated condensed interim statement of comprehensive income, unconsolidated condensed interim statement of changes in equity, and unconsolidated condensed interim statement of cash flows, and notes to the unconsolidated condensed interim financial statements for the half year then ended (here-in-after referred to as the "unconsolidated condensed interim financial statements"). Management is responsible for the preparation and presentation of these unconsolidated condensed interim financial statements in accordance with accounting and reporting standards as applicable in Pakistan for interim financial reporting. Our responsibility is to express a conclusion on these unconsolidated condensed interim financial statements based on our review.

Scope of Review

We conducted our review in accordance with International Standard on Review Engagements 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity". A review of unconsolidated condensed interim financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying unconsolidated condensed interim financial statements are not prepared, in all material respects, in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting.

Other Matter

Pursuant to the requirement of Section 237 (1) (b) of the Companies Act, 2017, only cumulative figures for the half year, presented in the second quarter accounts are subject to a limited scope review by the statutory auditors of the company. Accordingly, the figures of the unconsolidated condensed interim profit and loss account and unconsolidated condensed interim statement of comprehensive income for the three months period ended 31 December 2025 have not been reviewed by us.

The engagement partner on the review resulting in this independent auditor's review report is Bilal Ahmad.

RIAZ AHMAD & COMPANY

Chartered Accountants ISLAMABAD

Date: 25 February 2026

UDIN: RR202510777jPSZkqi08

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

As at 31 December 2025

EQUITY AND LIABILITI ES SHARE CAPITAL AND RESERVES

Authorized share capital

Un-audited Audited Note 31 December 30 June

2025 2025

(Rupees in thousand)

1,850,000,000 ordinary shares (30 June 2025: 370,000,000)

of Rupees 2 (30 June 2025: Rupees 10) each

150,000,000 preference shares (30 June 2025: 30,000,000)

of Rupees 2 (30 June 2025: Rupees 10) each

Issued, subscribed and paid-up share capital

1,346,497,280 ordinary shares (30 June 2025: 269,299,456)

of Rupees 2 (30 June 2025: Rupees 10) each 5

Reserves

Capital reserves

Share premium

Surplus on revaluation of freehold land Reserve against capacity expansion Reserve against buy-back of shares

3,700,000

3,700,000

300,000

4,000,000

300,000

4,000,000

2,692,994

2,692,994

986,077

5,963,401

15,000,000

1,775,000

Revenue reserves

Unappropriated profit

Total equity LIABILITIES

NON-CURRENT LIABILITIES

Long term financing 6

Deferred government grants Deferred income tax liability

CURRENT LIABILITIES

Trade and other payables Accrued mark-up

Short term borrowings

Current portion of non-current liabilities Unclaimed dividend

Taxation and levy - net

Total liabilities

CONTINGENCIES AND COMMITMENTS 7

TOTAL EQUITY AND LIABILITIES

29,289,378

30,143,915

32,836,909

31,982,372

6,422,207

6,753,561

18,930,075

25,352,282

-

58,189,191

15,828,420

22,581,981

-54,564,353

The annexed notes form an integral part of these unconsolidated condensed interim financial statements.

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER

Un-audited Audited Note 31 December 30 June

2025 2025

(Rupees in thousand)

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (Un-audited)

For the half year ended 31 December 2025

Half year ended Quarter ended

Note 31 December 31 December 31 December 31 December

2025 2024 2025 2024

....................... (Rupees in thousand) ........................

REVENUE 9

COST OF SALES GROSS PROFIT

DISTRIBUTION COST ADMINISTRATIVE EXPENSES OTHER EXPENSES

OTHER INCOME

PROFIT FROM OPERATIONS FINANCE COST

PROFIT BEFORE LEVY AND TAXATION

TAXATION

• CURRENT

• DEFERRED

PROFIT AFTER TAXATION

EARNINGS PER SHARE - BASIC AND DILUTED (RUPEES) 10

The annexed notes form an integral part of these unconsolidated condensed interim financial statements.

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (Un-audited)

For the half year ended 31 December 2025

Half year ended Quarter ended

31 December 31 December 31 December 31 December

2025 2024 2025 2024

....................... (Rupees in thousand) ........................

Profit after taxation

Other comprehensive income

Items that will not be reclassified to profit or loss

Items that may be reclassified subsequently to profit or loss

Total comprehensive income for the period

The annexed notes form an integral part of these unconsolidated condensed interim financial statements.

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER

10

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY

For the half year ended 31 December 2025

KOHINOOR TEXTILE MILLS LIMITED

…...............….........................................…..…..…..……......... ( Rupees in thousand ) …...............….........................................…..…..…..…….........

The annexed notes form an integral part of these consolidated condensed interim financial statements.

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF CASH FLOWS (Un-audited)

For the half year ended 31 December 2025

31 December 31 December

Note 2025 2024

CASH FLOWS FROM OPERATING ACTIVITIES

(Rupees in thousand)

The annexed notes form an integral part of these unconsolidated condensed interim financial statements.

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER

SELECTED NOTES TO THE UNCONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS (Un-audited)

For the half year ended 31 December 2025

1. THE COMPANY AND ITS OPERATIONS

   Kohinoor Textile Mills Limited is a public limited company incorporated in Pakistan under the Companies Act, 1913 (now the Companies Act, 2017) and listed on Pakistan Stock Exchange Limited. The registered office of the Company is situated at 42-Lawrence Road, Lahore. The principal activity of the Company is manufacturing of yarn and cloth, processing and stitching the cloth and trade of textile products.

2. BASIS OF PREPARATION

   1. These unconsolidated condensed interim financial statements have been prepared in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting. The accounting and reporting standards as applicable in Pakistan for interim financial reporting comprise of:

      • International Accounting Standard (IAS) 34, Interim Financial Reporting, issued by the International Accounting Standards Board (IASB) as notified under the Companies Act, 2017; and

      • Provisions of and directives issued under the Companies Act, 2017.

        Where the provisions of and directives issued under the Companies Act, 2017 differ from the requirements of IAS 34, the provisions of and directives issued under the Companies Act, 2017 have been followed.

   2. These unconsolidated condensed interim financial statements do not include all the information and disclosures required in annual financial statements and should be read in conjunction with the annual audited financial statements of the Company for the year ended 30 June 2025. These unconsolidated condensed interim financial statements are un-audited, however, have been subjected to limited scope review by the auditors and are being submitted to the shareholders as required by the Listed Companies (Code of Corporate Governance) Regulations, 2019 and Section 237 of the Companies Act, 2017.

3. ACCOUNTING POLICIES

   The accounting policies and methods of computations adopted for the preparation of these unconsolidated condensed interim financial statements are the same as applied in the preparation of the preceding audited annual published financial statements of the Company for the year ended 30 June 2025.

4. CRITICAL ACCOUNTING ESTIMATES AND JUDGMENTS

   The preparation of these unconsolidated condensed interim financial statements in conformity with the approved accounting standards requires the use of certain critical accounting estimates. It also requires the management to exercise its judgment in the process of applying the Company's accounting policies. Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

   During preparation of these unconsolidated condensed interim financial statements, the significant judgments made by the management in applying the Company's accounting policies and the key sources of estimation and uncertainty were the same as those applied in the preceding audited annual published financial statements of the Company for the year ended 30 June 2025.

5. ISSUED, SUBSCRIBED AND PAID-UP SHARE CAPITAL

During the period, the shareholders of the Company, in the Extra Ordinary General Meeting held on 15 August 2025, resolved that the existing share capital of the Company, including authorized, issued and paid-up capital, is altered in a manner that each ordinary share of the Company having face value of Rupees 10/- each shall be subdivided into five ordinary shares of Rupees 2/- each by way of share split with no change in rights and privileges associated to the shares. Accordingly, the weighted average number of ordinary shares outstanding during the period and for all the periods presented have been adjusted in the ratio of 5-for-1. In accordance with IAS 33 'Earnings Per Share', Earnings per share (EPS) has been retrospectively adjusted for the share split.

Un-audited Audited

31 December 30 June

2025 2025

(Rupees in thousand)

6. LONG TERM FINANCING - SECURED

Balance at beginning of the period / year Add: Obtained during the period / year Add: Unwinding of discount on liability

7,059,950

-3,472

Less: Repaid during the period / year

7,063,422

(1,291,783)

Less: Current portion shown under current liabilities

5,771,639

(1,322,797)

4,448,842

6.1 Long term financing includes loans obtained under "SBP Temporary Economic Refinance Facility for import of plant and machinery". These loans have been measured at their fair value in accordance with IFRS 9 (Financial Instruments) using market rates. The difference between fair value of loans and loan proceeds have been recognised as deferred government grant as per requirements of IAS 20 (Accounting for Government Grants and Disclosure of Government Assistance) and as per selected opinion issued in November 2020 by the Institute of Chartered Accountants of Pakistan.

1. CONTINGENCIES AND COMMITMENTS

   1. Contingencies

      There is no significant change in the status of contingencies, as disclosed in preceding audited annual published financial statements of the Company for the year ended 30 June 2025.

   2. Commitments in respect of:

      1. Contracts for capital expenditure amounting to Rupees 34.526 million (30 June 2025: Rupees 13.748 million).

      2. Letters of credit for capital expenditure amounting to Rupees 66.159 million (30 June 2025: Rupees 634.056 million).

      3. Letters of credit other than for capital expenditure amounting to Rupees 1,482.365 million (30 June 2025: Rupees 2,200.145 million).

Un-audited Audited Note 31 December 30 June

2025 2025

(Rupees in thousand)

8.2 Capital work-in-progress

....................... (Rupees in thousand) ........................

Un-audited

Half year ended Quarter ended

31 December 31 December 31 December 31 December

2025 2024 2025 2024

Note ....................... (Rupees in thousand) ........................

1. REVENUE

   12,195,922 17,961,323

   30,157,245 71,649

   30,228,894

   21,214,595 (3,253,272)

   17,961,323

   5,459,537 9,336,918

   14,796,455 43,206

   14,839,661

   11,009,793 (1,672,875)

   9,336,918

   Revenue from contracts with customers:

   • Export sales

   • Local sales 9.1

   Export rebate

   1. Local sales

      Less: sales tax

      10,247,601

      19,993,309

      30,240,910

      55,761

      30,296,671

      23,606,097

      (3,612,788)

      19,993,309

      4,461,888

      10,673,705

      15,135,593

      21,158

      15,156,751

      12,598,735

      (1,925,030)

      10,673,705

      KOHINOOR TEXTILE MILLS LIMITED

      16

   2. Disaggregation of revenue

      In the following table, revenue is disaggregated by primary geographical market, major products and service lines and timing of revenue recognition. The table also includes a reconciliation of the disaggregated revenue with the Company's reportable segments (Note 13).

      Spinning		Weaving		Processing and Home Textile		Company
      Un-audited		Un-audited		Un-audited		Un-audited
      Half year ended		Half year ended		Half year ended		Half year ended
      31 December 2025	31 December 2024	31 December 2025	31 December 2024	31 December 2025	31 December 2024	31 December 2025	31 December 2024

      (Rupees in thousand)

      -

      -

      -15,357,256

      -

      2,489,061

      339,308

      131,500

      4,462,901

      -

      3,602,216

      3,206,243

      479,273

      173,152

      55,761

      6,091,277

      3,545,551

      610,773

      19,993,309

      55,761

      30,296,671

      15,342,912

      7,397,681

      6,742,462

      632,096

      61,591

      64,168

      55,761

      30,296,671

      30,240,910

      55,761

      30,296,671

      30,296,671

      -

      30,296,671

      30,228,894

7,516,645

7,422,770

15,357,256

7,516,645

-

7,422,770

-

15,357,256

-

7,516,645

7,422,770

15,357,256

7,460,884

55,761

7,422,770

-

15,357,256

-

7,516,645

7,422,770

15,357,256

-

-6,742,462

632,096

61,591

24,735

55,761

-7,397,681

-

-

-25,089

-

15,342,912

-

-

-

-14,344

-

7,516,645

7,422,770

15,357,256

Primary geographical markets

Europe

United States of America and Canada Asia, Africa, Australia

Pakistan

Export rebate and duty draw back

Major product / service lines

Yarn

Greige fabric Made-ups Finished fabric Processing income Waste

Export rebate and duty draw back

Revenue from contracts with customers Export rebate and duty draw back

Timing of revenue recognition

Products transferred at a point in time Products and services transferred over time

External revenue as reported

Revenue is recognised at point in time as per the terms and conditions of underlying contracts with customers.

Un-audited

Half year ended Quarter ended

31 December 31 December 31 December 31 December

2025 2024 2025 2024

1. EARNINGS PER SHARE - BASIC AND DILUTED

There is no dilutive effect on the basic earnings per share which is based on:

Profit attributable to ordinary shares (RUPEES IN THOUSAND)

Weighted average number of ordinary shares (NUMBERS)

Earnings per share (RUPEES)

Un-audited Half year ended

31 December 31 December

2025 2024

(Rupees in thousand)

1. TRANSACTIONS WITH RELATED PARTIES

   1. Transactions Subsidiary companies

      Un-audited

      Half year ended Quarter ended

      31 December 31 December 31 December 31 December

      2025 2024 2025 2024

      ....................... (Rupees in thousand) ........................

      Maple Leaf Cement Factory Limited Purchase of goods and services Common expenses

      Expenses paid by Maple Leaf Cement Factory Limited on behalf of the Company

      9,836

      12,924

      32,080

      3,387

      -

      -

      308,311

      84,499

27,618

3,196

8,001

11,430

-

Maple Leaf Capital Limited Expenses on behalf of the Maple Leaf Capital Limited

Payment received against expenses

4,182

2,093

2,089

-

Key management personnel

Remuneration and other benefits

279,958

151,666

Post employment benefit plan

Company's contribution to provident fund trust

80,156

42,590

1. The Saim Family Trust, British Virgin Islands (BVI) through Mercury Management Inc., BVI and Hutton Properties Limited, BVI (related parties) holds 366,954,480 [27.25%] (30 June 2025: 73,390,896) and 276,284,960 [20.52%] (30 June 2025: 55,256,992) ordinary shares

   respectively, of the Company.

2. Period / year end balances

Maple Leaf Cement Factory Limited

Trade and other payables

Un-audited Audited 31 December 30 June

2025 2025

(Rupees in thousand)

(15,400)

1. SEGMENT INFORMATION

   Spinning
   Un-audited
   Half year ended
   31 December 2025	31December 2024

   Weaving
   Un-audited
   Half year ended
   31 December 2025	31 December 2024

   Processing and Home Textile
   Un-audited
   Half year ended
   31 December 2025	31 December 2024

   Elimination of inter-segment transactions
   Un-audited
   Half year ended
   31 December 2025	31 December 2024

   Company
   Un-audited
   Half year ended
   31 December 2025	31 December 2024

   Revenue

   External

   Inter-segment

   Cost of sales

   Gross profit Distribution cost

   Administrative expenses

   Profit before tax and unallocated income and expenses

   Unallocated income and expenses Other expenses

   Other income Finance cost Taxation

   Profit after taxation

   15,357,256

   403,389

15,760,645

(13,425,781)

2,334,864

(431,297)

1,903,567

8,355,340

(7,413,854)

941,486

(329,141)

612,345

(Rupees in thousand)

7,529,972

(6,110,776)

1,419,196

(980,488)

438,708

(1,349,286)

1,349,286

-

-

-

30,296,671

(25,601,125)

4,695,546

(1,740,926)

2,954,620

(105,975)

691,300

(1,679,375)

(725,624)

(1,819,674)

1,134,946

1. 1. Reconciliation of reportable segment assets and liabilities

      Spinning
      Un-audited	Audited
      31 December 2025	30 June 2025

      Weaving
      Un-audited	Audited
      31 December 2025	30 June 2025

      Processing and Home Textile
      Un-audited	Audited
      31 December 2025	30 June 2025

      Company
      Un-audited	Audited
      31 December 2025	30 June 2025

      18,816,059

      Total assets for reportable segments Unallocated assets

      HALF YEARLY REPORT

      Total assets as per statement of financial position

      15,134,040

      (Rupees in thousand) 11,230,740

      17,120,840

      47,110,458 11,078,733

      58,189,191

      16,877,200 8,475,082

      25,352,282

      43,485,620

      11,078,733

      54,564,353

      16,965,746

      12,740,988

      3,874,275

      11,328,653

      All segment assets are allocated to reportable segments other than those directly relating to corporate and tax assets.

      261,937

      Total liabilities for reportable segments Unallocated liabilities

      Total liabilities as per statement of financial position

      1,203,216

      3,346,622

      9,644,421

      14,194,259

      8,387,722

      22,581,981

      19

      All segment liabilities are allocated to reportable segments other than trade and other payables and deferred tax liabilities.

2. RECOGNIZED FAIR VALUE MEASUREMENTS - FINANCIAL INSTRUMENTS

   Fair value hierarchy

   Judgments and estimates are made in determining the fair values of the financial instruments that are recognised and measured at fair value in these financial statements. To provide an indication about the reliability of the inputs used in determining fair value, the Company classify its financial instruments into the following three levels. However, as at the reporting date, the Company has no such type of financial instruments which are required to be grouped into these levels. These levels are explained as under:

   Level 1: The fair value of financial instruments traded in active markets (such as publicly traded derivatives, and equity securities) is based on quoted market prices at the end of the reporting period. The quoted market price used for financial assets held by the Company is the current bid price. These instruments are included in level 1.

   Level 2: The fair value of financial instruments that are not traded in an active market (for example, over-the-counter derivatives) is determined using valuation techniques which maximise the use of observable market data and rely as little as possible on entity-specific estimates. If all significant inputs required to fair value an instrument are observable, the instrument is included in level 2.

   Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3. This is the case for unlisted equity securities.

3. RECOGNIZED FAIR VALUE MEASUREMENTS - NON-FINANCIAL ASSETS

   Fair value hierarchy

   Judgments and estimates are made in determining the fair value of non-financial assets that are recognized and measured at fair value in these financial statements. To provide an indication about the reliability of the inputs used in determining fair value, the Company has classified its non-financial assets into the following three levels.

   At 31 December 2025

   Level 1

   Level 2

   Level 3

   Total

---------- (Rupees in thousand) ----------

- 6,669,315 - 6,669,315

Freehold land

---------- (Rupees in thousand) ----------

- 6,669,315 - 6,669,315

Freehold land

The Company's policy is to recognise transfers into and transfers out of fair value hierarchy levels as at the end of the reporting period.

There were no transfers between levels 1 and 2 for recurring fair value measurements during the period. Further, there was no transfer in and out of level 3 measurements.

Valuation techniques used to determine level 2 fair values

The Company obtains independent valuations for its freehold land (classified as property, plant and equipment) at least every three years. The management updates the assessment of the fair value of each property, taking into account the most recent independent valuations. The management determines a property's value within a range of reasonable fair value estimates. The best evidence of fair value of land is current prices in an active market for similar lands.

Valuation processes

The Company engages external, independent and qualified valuers to determine the fair value of the Company's freehold land at least every three years. The fair value of the freehold was last determined by Anderson Consulting (Private) Limited (an approved valuer) as at 30 June 2024.

Changes in fair values are analyzed at each reporting date during the annual valuation discussion between the Chief Financial Officer and the valuers. As part of this discussion the team presents a report that explains the reason for the fair value movements.

1. FINANCIAL RISK MANAGEMENT

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

2. DISCLOSURES BY COMPANY LISTED ON ISLAMIC INDEX

Un-audited Audited

31 December 30 June

2025 2025

(Rupees in thousand)

Un-audited Half year ended

31 December 31 December

2025 2024

(Rupees in thousand)

These unconsolidated condensed interim financial statements were approved by the Board of Directors and authorized for issue on 25 February 2026.

1. CORRESPONDING FIGURES

   1. In order to comply with the requirements of International Accounting Standard (IAS) 34 "Interim Financial Reporting", the unconsolidated condensed interim statement of financial position and unconsolidated condensed interim statement of changes in equity have been compared with the balances of annual audited financial statements of preceding financial year, whereas the unconsolidated condensed interim statement of profit or loss, unconsolidated condensed interim statement of comprehensive income and unconsolidated condensed interim statement of cash flows have been compared with the balances of comparable period of immediately preceding financial year.

   2. No significant reclassification / rearrangement of corresponding figures has been made.

2. GENERAL

Figures have been rounded off to the nearest thousand of Rupees unless otherwise stated.

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER

CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS

FOR THE HALF YEAR ENDED 31 DECEMBER 2025

DIRECTORS' REVIEW

The Directors are pleased to present the un-audited consolidated condensed interim financial statements of Kohinoor Textile Mills Limited (the Holding Company) and its Subsidiary Companies Maple Leaf Cement Factory Limited (58.85%), Maple Leaf Power Limited (58.85%), Novacare Hospitals (Private) Limited (58.84%) and Maple Leaf Capital Limited (82.92%) (Together referred to as Group) for the half year ended 31 December 2025.

GROUP RESULTS

The Group has earned gross profit of Rupees 17,370 million as compared to Rupees 17,602 million of corresponding period. The Group has earned pre-tax profit of Rupees 27,003 million as compared to Rupees 18,551 million during the previous period. The overall Group financial results are as follows:

December December 2025 2024

(Rupees in million)

SUBSIDIARY COMPANIES

Maple Leaf Cement Factory Limited (MLCFL)

It has recorded an increase of Rupees 671 million in its sales over previous period and has earned gross profit of 31.10% (31 Dec 2024: 34.01%) amounting to Rupees 11,015 million (31 Dec 2024: Rupees

11,817 million).

It has earned after tax profit of Rupees 5,123 million (31 Dec 2024: Rupees 4,269 million). Maple Leaf Power Limited (MLPL)

MLPL has earned after tax profit of Rupees 1,052 million (31 Dec 2024: Rupees 947 million).

Novacare Hospitals (Private) Limited

Novacare Hospitals (Private) Limited has incurred after tax loss of Rupees 177 million (31 Dec 2024: Rupees 95 million).

Maple Leaf Capital Limited (MLCL)

MLCL has earned after tax profit of Rupees 11,741 million (31 Dec 2024: Rupees 7,847 million).

ACKNOWLEDGMENT

The Directors are grateful to the Group's members, financial institutions, customers and employees for their cooperation and support. They also appreciate the hard work and dedication of the employees working at various divisions.

For and on behalf of the Board

CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

As at 31 December 2025

EQUITY AND LIABILITIES

SHARE CAPITAL AND RESERVES

Authorized share capital

Un-audited Audited

Note 31 December 30 June

2025 2025

(Rupees in thousand)

1,850,000,000 ordinary shares (30 June 2025: 370,000,000)

of Rupees 2 (30 June 2025: Rupees 10) each

150,000,000 preference shares (30 June 2025: 30,000,000)

of Rupees 2 (30 June 2025: Rupees 10) each

Issued, subscribed and paid up share capital 5

1,346,497,280 ordinary shares (30 June 2025: 269,299,456)

of Rupees 2 (30 June 2025: Rupees 10) each

Reserves Capital reserves

Share premium

Reserve against capacity expansion Reserve against buy-back of shares Fair value reserve

Reserve against long term investments Surplus on revaluation of freehold land

Revenue reserves

Unappropriated profit

Equity attributable to equity holders of the Holding Company Non-controlling interest

Total equity LIABILITIES

NON-CURRENT LIABILITIES

Long term financing 6

Deferred government grant

Long term liability against right of use assets Long term deposits

Retirement benefits Deferred income tax liability

CURRENT LIABILITIES

Trade and other payables Accrued mark-up

Short term borrowings

Current portion of non-current liabilities Unclaimed dividend

Taxation - net

Total liabilities

CONTINGENCIES AND COMMITMENTS 7

TOTAL EQUITY AND LIABILITIES

3,700,000

3,700,000

300,000

4,000,000

2,692,994

300,000

4,000,000

2,692,994

42,801,187

44,935,575

90,429,756

37,355,354

127,785,110

40,886,566

31,135,481

74,715,041

31,603,197

106,318,238

34,297,854

32,624,183

52,624,525

85,248,708

191,566,946

60,147,884

94,445,738

222,230,848

The annexed notes form an integral part of these consolidated condensed interim financial statements.

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER

222,230,848

TOTAL ASSETS 191,566,946

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER

CONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (Un-audited)

For the half year ended 31 December 2025

Half year ended Quarter ended

Note 31 December 31 December 31 December 31 December

2025 2024 2025 2024

....................... (Rupees in thousand) ........................

REVENUES 9

COST OF SALES GROSS PROFIT

DISTRIBUTION COST ADMINISTRATIVE EXPENSES OTHER EXPENSES

OTHER INCOME

SHARE OF PROFIT IN ASSOCIATED COMPANY PROFIT FROM OPERATIONS

FINANCE COST

PROFIT BEFORE LEVY AND TAXATION LEVY

PROFIT BEFORE TAXATION PROVISION FOR TAXATION PROFIT AFTER TAXATION

SHARE OF PROFIT ATTRIBUTABLE TO :

EQUITY HOLDERS OF HOLDING COMPANY NON CONTROLLING INTEREST

EARNINGS PER SHARE - BASIC AND DILUTED (RUPEES) 10

The annexed notes form an integral part of these consolidated condensed interim financial statements.

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER

CONSOLIDATED CONDENSED INTERIM

STATEMENT OF COMPREHENSIVE INCOME (Un-audited)

For the half year ended 31 December 2025

PROFIT AFTER TAXATION

OTHER COMPREHENSIVE INCOME

Items that will not be reclassified subsequently to profit or loss

• Change in fair value of investment at fair value through other comprehensive income

• Related deferred income tax

Items that may be reclassified subsequently to profit or loss

Other comprehensive income for the period - net of tax

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD

SHARE OF TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO:

Equity holders of Holding Company Non-controlling interest

Half year ended Quarter ended

31 December 31 December 31 December 31 December

2025 2024 2025 2024

....................... (Rupees in thousand) ........................

The annexed notes form an integral part of these consolidated condensed interim financial statements.

CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER