Lotte Chemical Pakistan Ltd.PSX: LOTCHEM

Financial Results for the quarter and nine months period ended 30 September 2025

Oct 29, 2025 at 9:11 AM UTC · Issued by Lotte Chemical Pakistan Ltd.

LOTTE CHEMICAL

29 October 2025

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi.

LOTTE Chemical Pakistan Ltd.

Al-Tijarah Centre, 14th Floor, 32/1-A, Main Shahrah-e-Faisal, Block 6, P.E.C.H.S, Karachi-75400, Pakistan

UAN: +92 (0) 2J 568 782 PABX: +92(0)2J 34J 69J 0J-4

Subject: Financial Results for the quarter and nine months period ended 30 September 2025

Dear Sir,

We have to inform you that the Board of Directors of our Company in their meeting held on 29 October 2025 at

11.00 a.m at Karachi have approved the un-audited financial results for the quarter and nine months period ended 30 September 2025 and recommended the following:

Cash dividend Nil

Bonus shares Nil

Rightshares Nil
Any other entitlement/corporate action Nil

The financial statements of the Company are attached as Annexure (a to d)

Statement of Profit or Loss
Statement of Financial Position;
Statement of Changes in Equity; and
Statement of Cash Flows.

The Report for the nine months period ended 30 September 2025 will be transmitted through PUCARS separately, within the specified time.

Yours sincerely,

Young Dae Kim Chief Executive

cc: The Chairman

Securities & Exchange Commission of Pakistan Islamabad.

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE NINE MONTHS PERIOD ENDED 30 SEPTEMBER 2025

Annexure - (a)

Amounts in Rs '000

Nine months period ended Quarter ended

30 September (Un-audited) 30 September (Un-audited)

	Note	2025	2024	2025	2024
Revenue from contracts with customers - net	12	60,541,120	88,976,736	20,365,180	24,597,854
Cost of sales	13	(58,193,232)	(83,947,387)	(19,794,808)	(23,552,829)
Gross profit		2,347,888	5,029,349	570,372	1,045,025
Distribution and selling expenses		(153,573)	(164,206)	(49,355)	(66,530)
Administrative and general expenses		(601,055)	(551,606)	(193,761)	(190,642)
Other operating expenses	14	(223,947)	(325,476)	(120,821)	(56,735)
Operating profit		1,369,313	3,988,061	206,435	731,118
Other income	15	462,598	990,998	88,122	274,696
Finance costs	16	(457,529)	(615,893)	(152,759)	(186,802)
Profit before taxation and levies		1,374,382	4,363,166	141,798	819,012
Levies	17	(202)	(155)	(13)	(95)
Profit before taxation		1,374,180	4,363,011	141,785	818,917
Taxation	18	(538,312)	(1,701,414)	(47,696)	(323,975)
Profit after taxation		835,868	2,661,597	94,089	494,942

Amount in Rupees

Earnings per share - basic and diluted

0.55 1.76 0.06

0.33

The annexed notes 1 to 21 form an integral part of these condensed interim financial statements.

Jo Hyun Kwoun Chairman

Young Dae Kim Chief Executive

Ashiq Ali

Chief Financial Officer

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2025

Assets

Non-current assets

Annexure - (b)

Amounts in Rs '000 30 September 31 December

2025 2024

Note (Un-audited) (Audited)

Property, plant and equipment Intangible assets

Right-of-use assets Long-term loans

Long-term deposits and prepayments Deferred taxation - net

Current assets

Stores and spare parts Stock-in-trade

Trade debts

Loans and advances

Trade deposits and short-term prepayments Accrued interest

Other receivables

Short-term investments - at amortised cost Sales tax refunds due from government Taxation - net

Cash and bank balances

Total assets

Equity and liabilities

Share capital and reserves

Issued, subscribed and paid-up capital

1,514,207,208 (31 December 2024: 1,514,207,208) ordinary shares

4 5,769,910

2,576

99,817

231,431

31,762

2,746,204 8,881,700

2,351,441

8,658,995

5 5,994,031

61,505

172,842 11,611

4,500

6 414,499

7 4,895,171

7,146,703

8 2,433,500

32,144,798

41,026,498

6,320,304

13,542

211,733

169,738

32,432

2,347,857 9,095,606

2,302,911

6,746,190

3,602,907

68,112

115,552

99,089

23,319

414,499

3,913,275

6,826,435

8,833,047

32,945,336

42,040,942

of Rs 10 each		15,142,072	15,142,072
Capital reserve		2,345	2,345
Revenue reserve - Unappropriated profit		8,105,066	7,269,198
Total equity		23,249,483	22,413,615
Liabilities
Non-current liabilities
Retirement benefit obligations		223,623	208,591
Lease liability			314,039
Current liabilities		223,623	522,630
Trade and other payables	9	16,588,764	18,062,263
Lease liability		465,006	542,777
Accrued interest	10	428,922	424,189
Unclaimed dividend		70,700	75,468
		17,553,392	19,104,697
Total liabilities		17,777,015	19,627,327
Contingencies and commitments	11
Total equity and liabilities		41,026,498	42,040,942

The annexed notes 1 to 21 form an integral part of these condensed interim financial statements.

Jo Hyun Kwoun Chairman

Young Dae him Chief Executive

Ashiq Ali

Chief Financial Officer

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED)

FOR THE NINE MONTHS PERIOD ENDED 30 SEPTEMBER 2025

Annexure - (c)

Amounts in Rs '000

Share capital Reserves

Issued, Capital Unappropriated Sub-subscribed reserves profit total and paid up

Total equity

capital

Balance as at 1 January 2024

Total comprehensive income for the nine months period ended 30 September 2024

Profit for the nine months period ended 30 September 2024
Other comprehensive income for the nine months period ended 30 September 2024
Final dividend for the year ended
31 December 2023 @ Rs 1.00 per share
Interim dividend for the year ending
31 December 2024 @ Rs 0.50 per share
15,142,072
2,345
6,867,542 6,869,887 22,011,959
2,661,597
2,661,597
2,661,597
2,661,597 2,661,597 2,661,597
(1,514,207) (1,514,207) (1,514,207)
(757,104) (757,104) (757,104)
Balance as at 30 September 2024 15,142,072 2,345 7,257,828 7,260,173 22,402,245
Balance as at 1 January 2025
Total comprehensive income for the nine months period ended 30 September 2025
Profit for the nine months period ended 30 September 2025
Other comprehensive income for the nine months period ended 30 September 2025

Balance as at 30 September 2025

15,142,072

835,868

15,142,072

2,345

2,345

7,269,198 7,271,543 22,413,615

835,868

8,105,066 8 107,411_ 3,249 483

The annexed notes 1 to 21 form an integral part of these condensed interim financial statements.

Jo Hyun Kwoun Chairman

Young Dae Kim

Chief Executive

Ashiq Ali

Chief Financial Officer

CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN-AUDITED) FOR THE NINE MONTHS PERIOD ENDED 60 SEPTEMBER 2025

Annexure - (d)

30 September (Un-audited)
	Note	2025	2024
Cash flows from operating activities
Cash (used in) / generated from operations	19	(4,454,878)	7,614,304
Finance costs paid - conventional		(69,487)	(83,051)
Payments to retirement benefit obligations		(3,323)	(2,733)
Long-term loans and advances - net		(61,693)	(11,710)
Long-term deposits and prepayments - net		670	1,030
Taxes and levies paid		(1,353,542)	(4,502,122)
Finance income received - conventional		485,418	727,871
Finance income received - islamic 58,403 178,127
Net cash (used in) / generated from operating activities	(5,398,432)		3,921,716
Cash flows from investing activities
Payments for capital expenditure	(495,228)		(479,691)

Amounts in Rs '000 Nine months period ended

Proceeds from disposal of property, plant and equipment Net cash used in investing activities

Cash flows from financing activities Dividend paid

Repayment of short-term financing Payment of lease liability

2,552 -(492,676) (479,691)

Net cash used in financing activities		(508,439)	(8,310,354)
Net decrease in cash and cash equivalents		(6,399,547)	(4,868,329)
Cash and cash equivalents at 1 January		9,247,546	5,766,422
Cash and cash equivalents at 30 September	8.2	2,847,999	898,093

(4,768)	(6,811,379)
-	(1,000,000)
(503,671)	(498,975)

The annexed notes 1 to 21 form an integral part of these condensed interim financial statements.

Jo Hyun Kwoun Chairman

Young Dae Kim

Chief Executive

Ashiq Ali

Chief Financial Officer

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