‌
LUCKY CORE INDUSTRIES
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building,
Stock Exchange Road, Karachi.
Dear Sir,
Lucky Core Industries Limited
5 West W'hart, Karachi Z4000
T +92 21 3231 3717 22
UAN 111 00 200
https://www.lucFycore.com
January 27, 2026 LCI/ComSec/05/2026
FINANCIAL RESULTS FOR THE 2NDQUARTER / HALF YEAR ENDED DECEMBER 31, 2025We wish to inform you that the Board of Directors of Lucky Core Industries Limited (the "Company") in their meeting held on January 26, 2026 has approved the un-audited Financial Statements of the Company for the 2'd quarter / half year ended December 31, 2025 and is pleased to announce the consolidated and nn-consolidated results of the same which are attached as Annexure 'Al to A4' and 'BI to B4' respectively.
DIVIDEND
The Board ofDirectors has approved an interim cash dividend in respect of the financial year ending June 30, 2C26 at the rate of 262.5% i.e. PKR 5.25/- per share ofPKR 2/- each to be payable to the shareholders.
The above entitlement will be paid to the shareholders whose names appear in the Register of Members on February 06, 2026 (close ofbusiness).
FINANCIAL RESULTS
Attached as "Annexure - Al to A4" (consolidated results) and "Annexure - BI to B4" (un-consolidated results).
FINANCIAL RESULTS - OVERVIEW
On a consolidated basis, Net Turnover for the six months at PKR 56,33 7 million is lower by 9%'o than the same period last year (SPLY). Whereas, the Operating Result at PKR 7,785 mi11ior is lower by 17% compared to the SPLY. Profit After Tax (PAT) for the six months at PKR 4,599 million is 28% lower than the SPLY, whereas Earnings per Share (EPS) attributed to the owners of the holding company a: PKR 9.96 is 28% lower than the SPLY.
On a standalone basis, PAT and EPS for the six months period under review at PKR 4,848 million and PKR 10.50, respectively, are 23% lower than the SPLY.
Overall,' during the first six months, easing inflation, exchange rate stabiliy, and reductions in policy rates contributed to broader economic improvement. Despite these positive macroeconomic developments, the Company's business operations continued to face challenges arising from cheaper imports, further aggravated by duty reductions, higher energy costs, and muted market demand. The Company continues to navigate these challenges through a sustained focus on portfolio diversification, effective margin management, and operational efficiencies.
YB C'
LCILUCKY CCRE INDUSTRIES
Lucky Core Industries Limited
BOOK CLOSURE
The share transfer books of the Company will be closed from February 09, 202s to February 11, 2026 (both days inclusive). Transfers received in order at the office of the Company's Share Registrar Ws. FAMCO Share Registration Services (Private) Limited, 8-F, Nursery, Block-6, P.E.C.H.S. Shahrah-e-Faisal, Karachi, by the close of business on February 06, 2026 will be treated in time to entitle the transferees for the purpose of above interim cash dividend.
APPOINTMENT OF CHIEF EXECUTIVE - DESIGNATEAs approved by the Board of Directors of the Company at its meeting held on January 26, 2026, z•e are pleased to announce the appointment of Mr. Sainar Hayat as Chief Executive - Designate of the Company, with effect from April 1, 2026.
The Board wishes to extend its heartfelt appreciation and profound gratitude to our current Chief Executive, Mr. Asif Jooma, who will retire in May 2026. Mr. Jooma's leadership, commitment, and stewardslñp have been instrumental in the Company's growth over the past 13 years. Under his guidance, the Company has achieved significant milestones which include driving growth in the Company's Soda Ash Business, introduction of susta'inab1e recycled Polyester capability and diversification into infant nutrition through a strategic partnership with Morinaga Milk Industry Co. Ltd. His stewardship in expanding the Company's pharmaceutical footprint has positioned the Corripany as a leading pharmaceutical company in Pakistan, ranking among the top 20 pharmaceutical companies in Pakistan. Under his leadership, the Company's net turnover grew from approximately PKR 35 billion (December 31, 2012) to PKR 120 billion (as at tune 30, 2025).
Mr. Jooma will continue to serve as ChiefExecutive until the completion ofhis , ensuring a smooth transition. Mr. Samar Hayat will assume the position of Chief Executive of the Company, subject to Board approval after the election of the Board ofDirectors in May 2026.
o f ithful ,
kdi J3fiatia Bawany Company Secretary
Enc1: As above.
CC: The Commissioner
Company Law Division
Securities & Exchange Commission of Pakistan, NIC Building, Jinnali Avenue, Blue Area, Islamabad
Director / HOD
Surveillance, Supervision and Enforcement Department
Securities & Exchange Commission ofPakistan, NIC Building, Jinnah Avenue, Blue Area, Islamabad
‌@LCI
LUCKY CORE INDUSTRIES
LUCKY CORE INDUSTRIES LIMITED
CONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UNAUDITED)
FOR THE THREE MONTHS AND SIX MONTHS PERIOD ENDED DECEMBER 31, 2025
Lucky Core Industries Limited
Annexure - AI
For the three months | For the three months | For the six months | For the six months | |||||
period ended | period ended | period ended | period ended | |||||
December | December | December | December | |||||
31, 2025 | 31, 2024 | 31, 2025 | 31, 2024 | |||||
------------------------------(PKRin'O00)--------------------------- | ||||||||
Net turnover | 27,714,577 | 31,517.064 | 56,336,993 | 62,245,694 | ||||
Cost of sales | (21,332,B58) | (24,051,063) | (43,791,410) | (47,985,909) | ||||
Gross profit | 6,381,719 | 7,466,001 | 12,545,583 | 14,259,785 | ||||
Selling and diskibution expenses | (1,724,345) | (1,674,915) | (3,460,034) | (3,701,277) | ||||
Administration and general expenses | (649,755) | (628,807) | (1,*00,554) | (1,158,697) | ||||
Operating result | 4,007,619 | 5,162,279 | 7,784,995 | 9,399,811 | ||||
Finance costs | (575,273) | 6715 9 | 11 2 | (1,300,478) | ||||
Exchange loss | (23,075) | (13,753) | ) (29,124) | (8,167) | ||||
Workers' profit participation fund | (102,588) | (159,896) | (196,312) | (267,432) | ||||
Workers' welfare fund | (66,099) | (120,758) | (132,270) | (189,754) | ||||
Other charges | (40,844) | (62,637J | | (82,098) | (92,021 | ||||
(807,879) | (1,028,563) | (1,559,101) | (1,857,852) | |||||
Gain on bargain purchase | 292,555 | 292,555 | ||||||
Other income | 664,747 | 1,458,834 | 1,203,515 | 2,280,278 | ||||
Share of profit from associate | 44,6 6 | 39,888 | 80,364 | 32,242 | ||||
Profit before final taxes and income tax | 3,909,133 | 5,924,993 | 7,509,773 | 10,147,034 | ||||
Taxation - Final taxes (18) - (90,304) (12,536) | ||||||||
Profit before income tax | *,909,115 | 5,924,993 | 7,419,469 | 10,134,498 | ||||
Taxation - Income tax | ||||||||
Current | (12 2 57 | (2274481 | 2 7 ) | 3 684 9 6) | ||||
Deferred | 7 10 | 9683 (1 22 2 | (78,391) | ||||||
(1,462,16t) | (2,177,648) | (2,820,915) | (3,763,357) | |||||
Profit for the period | 2,446,954 | 3,747,345 | 4,598,554 | 6,371,141 | ||||
Attributable to: | ||||||||
Owners of the Holding Company | 2,446,815 | 3,747,077 | 4,598,275 | 6,371,028 | ||||
Non-controlling interests 139 2,446,954 | 268 3.747,345 | 279 4,598,554 | 113 6,371,141 | |||||
(Restated) (Restated)
)
|
------------•---------(PKR)-------- | ---- | ----- | |
(Restated) 5.30 8.11 9.96 | (Restated) 13.80 | ||
YBG | |||
Basic and diluted earnings per share
LUCKY CORE INDUSTR IES
Lucky Core Industries Limited
Annexure-A2 | ||
LUCKY CORE INDUSTRIES LIMITED | ||
CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION | ||
AS AT DECEMBER 31, 2025 | ||
December 31, 2025 | June 30, 2025 | |
(Unauclited) | (Audited) | |
--• (PKR | in '000)------------- | |
ASSETS | ||
Non-current assets Property, plant and equipment | 39,104,139 | 38,843788 |
Infangible assets | 3,119,603 | 3,115,931 |
Right-of-use assets | 307,480 | 368,211 |
42,531,222 | 42,297,930 | |
Long-ferm investments | 10,926,901 | 4 0,846,537 |
Long-term loans | 986,100 | 877, 213 |
Long-term deposits and other assets | a69,223 | 850, 669 |
12,782,224 | 12,574.419 | |
55,3t3,446 | 54,872,349 | |
Curren t assets | ||
Sfores, spares and consumab Ies | 3,767,146 | 3,533,309 |
Sfock-in-trade | 21,555,222 | 17,134,770 |
Trade debts | 4,828,331 | 5,068,742 |
Loans and advances | 1,456,994 | 1,258, 230 |
Short-term deposits and prepaymenIs | 1,214,233 | 833,129 |
Other receivables | 2,012,413 | 1,426,023 |
Shon-term investments | 20,143,524 | 19,125,115 |
Cash and bank balances | 415, 049 | 1,077,482 |
55,392,912 | 49,456.600 | |
Totab assets | 110,706,358 | 1 04,329,149 |
EQUITY AND LIABILITIES | ||
Share cap itat and reserves | ||
Authorised capifal | ||
7,500,000, 000 (June 30, 2025: 1,500,000,000) ordinary shares of PKR 2 (June 30, 2025: PKR 10) each | 15,000, 000 | 15.000.000 |
Issued, subscribed and paid-up capital
461,795,250 (J une 30, 2025: 92,359,050) ordinary shares of PKR 2
(J une 30, 2025: PKR 10) each | 923,591 | 923,591 | ||
Capifal reserves | 18,309, 643 | 18,309, 643 | ||
?7,483,7 26 | ñfi.74R .5R2 | |||
Attributable to the equity holders of the holding company | 56,716,960 | 5#,98,8 6 | ||
Non-controlling interests | 11,067 | 10,788 | ||
Total equity | 56,728,027 | 54,992, 604 | ||
Non-c urrent liabilities | ||||
Staff refirement beneflts | 151,40d | 153,691 | ||
Long-term Ioans | 9,051,171 | 9,539,945 | ||
Lease liabilities | 256,913 | 307,146 | ||
Deferred income - government grant | 396, 635 | 477,833 | ||
Deferred tax liability - nel | 7,557,507 | 7,405, 264 | ||
17,413,630 | 7,883,779 | |||
CurrenI IT abilities | ||||
Trade and other payables | 17.294,587 | 15,720,159 | ||
Accrued mark-up | 1,160,281 | 9 42,298 | ||
Short-ferm financing | 12,717,223 | 0,b07,003 | ||
Taxation - net | 3,049, 010 | 2,289,475 | ||
Curren t portion of long-term loans | 1,920,790 | 1,573,866 | ||
Current portion of lease liabilifies | 85,863 | 81,649 | ||
Current portion of deferred income - government grant | 168,722 | 181, 422 | ||
Unclaimed di? dend | 168,225 | 157.102 | ||
36,564,701 | ||||
Total equity and liabilities | 110,706,358 | 104.329.149 | ||
Contingencies and Commitmen ts |
LUCKY CORE INDUSTRIES LIMITED
CONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY FOR THE SIX MONTHS PERIOD ENDED DECEMBER 31, 2025
Annexure-A3
Issued,
Revenu e reserve -
Non•controIIing
subscribed and Capital ""*'* Unappropriated Total Reserves
interests t0tdT
..............................................................( gR jq 'g gg)..............................-...-........-...-..............
Bal an ce as at July 1, 2024 {Audited}
923,591 18,309,643 30,213,786 d8,523,429
10,725 49,457,745
Profi t for lhe period- resfafed
Other comprehenswe incom e for the period nef ol
6,371, 028
6,371,141
113
Total comprehensive income for the period
Transaction with owners:
Final dividend for the year ended June 30, 2024 @ PKR 33 per share
Bal ance as at December 31, 2024 (U nau dited) - restated
- 6,371, 028 6,371,028
(Z,047,849) (3,047,849)
923,591 18,309, 643 33,536,965 51,846,608
113 6,371,141
(3, 047,849)
10,838 52,781, 037
Profif for the penod
Other comprehensive incom e for the period - nef of
386 094 5 3 6 094 8 0 4
3 9) 34 69 | f34 2|69)
Total comprehensive income for the period - - 5,351,825 5,351,825 (50) 5,351,775
Trans action with owners:
interim dividend for the year ended June 30, 2025 @ PKR 34 per share
Bal ance as at June 30, 2025 (Audited)
t3,1 40,208) (3, 1 40,208)
923,59 8,309, 643 35, 748, 6B2 54,058,225
(3,14 0,208)
10,788 54,992,604
Profit for the period
Other comprehensive income for the period - net of a
- 4,598,275 4,598, 275 279 4.598,554
Total comprehensive income for tfie period
I ransactlon with owners:
FmaI dividend for the year ended
June 30, 2025 @ PKR 6.20 per share
Balance as at December 31, 2025 (Unaudited)
- - 4,598, 275 4,598,275
(2163131) (2,863134)
923,591 18,309, Gd3 37,4B3,72G 55,793,3G9
279 4,598,554
(2.863, 13 )
1 1, 0 G7 5G,720,027
Annexure - A4
LUCKY CORE INDUSTRIES LIMITED
CONSOLIDATED CONDENSED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED) FOR THE SIX MONTHS PERIOD ENDED DECEMBER 31, 2025
(Restated)
December 31, December 31,
2025 2024
..............(pgR jn 'gOg)..............
CASH FLOWS FROM OPERATING ACTIVITIES
Cash generated from operations Payments for
Non-management staff gratuity and eligible retired employees' medical scheme Staff retirement benefit plan
Income taxes and final taxes Interest on loans / finances
Net cash generated from operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditure
Payment for acquisition of business
Proceeds from disposal of operating fixed assets Interest income received
Short-term investments made Short-term investments disposed
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
6,749,244 14, 782,447
(9,272) (12,957)
(34,191) (22,944)
(1,999,441) (2,309,965)
(874,296) (1,140,356) 3,832,044 11,296,225
(2,538,328)
10,918
10,472
65,000
(5,B38,648)
(6,311, 649)
221,400
41,042
(265,000)
(2,451,938) (12,152,855)
Long-term loans obtained "
Long-term loans iopaid
Export refinance facility (repaid) / obtained Foreign exchange loan obtained
Short term running finance obtained / (repaid) Payment of lease liabilities
Dividends paid
Net cash (used in) / generated from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the period
Cash and cash equivalents at the end of the period
Cash and cash equivalents at the end of period comprise of:
Cash and bank balances Short term investments
317,590
(553,040)
(400,000)
1,413,106
1,197,024
(81,802)
(2,852,008)
(959,130)
420,976
19,810,597
20,231,573
4t5,049
19,816,524
20,23t,573
6,975,633
(G00,550) 2,109,000
3,323,998
(3,849,488)
(93,630)
(3,035,605)
4,740,352
3,883,722
17,159,489
21, 043,211
1,305,352
19,737,859 21,043,211
YBG
Annexure - B1
LUCKY CORE INDUSTRIES LIMITED
UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UNAUDITED) FOR THE THREE MONTHS AND SIX MONTHS PERIOD ENDED DECEMBER 31, 2025
(Restated) (Restated)
For the For the
three three
months months
period period
ended ended
December December
31, 2025 31. 2024
For the For the six months six months period period
ended ended
December December
31, 2025 31, 2024
(575,273) | (671,519) | (1,119,297) | (1,300,478) |
(22,821) | (13,809) | (28,557) | (10,522) |
(101,791) | (158,500) | (194,377) | (264,235) |
(66,096) | (120,716) | (132,262) | (189,702) |
(40,374) | (61,762) | (81,026) | (91,146) |
(PKR in '000)
Net turnover | 27,762,531 | 31,534,917 | 56,376,327 | 62,272,279 | ||||
Cost of sales | (21,403,241) | (24,096,656) | (43,876,168) | (48,073,976) | ||||
Gross profit | 6,359,290 | 7,438,261 | 12,500,159 | 14,198,303 | ||||
Selling and distribution expenses | (1,724,345) | (1,674,916) | (3,460,034) | (3,701,278) | ||||
Administration and general expenses | (649,409) | (628,232) | (1,299,904) | (1,156,963) | ||||
Operating profit | 3,985,536 | 5,135,113 | 7,740,221 | 9,340,062 | ||||
Finance costs | ||||||||
Exchange loss | ||||||||
Workers' profit participation fund | ||||||||
Workers' welfare fund | ||||||||
Other charges | ||||||||
(806,355) | (1,026,306) | (1,555,519) | (1,856,083) | |||||
Gain on bargain purchase | 292,555 | 292,555 | ||||||
Other income | 664,594 | 1,456,654 | 1,543,240 | 2,277,035 | ||||
Profit before final taxes and income tax | 3,843,775 | 5,858,016 | 7,727,942 | 10,053,569 | ||||
Taxation - Final taxes | - | - | (90,143) | (12,536) | ||||
Profit before income tax Taxation - Income tax | 3,843,775 | 5,858,016 | 7,637,799 | 10,041,033 | ||||
Current | (1,291,943) | (2,273,889) | (2,668,559) | (3,684,234) | ||||
Deferred | (152,692) | 108,423 | (120,900) | (68,792) | ||||
(1,444,635) | (2,165,466) | (2,789,459) | (3,753,026) | |||||
Profit for the period 2,399, 140 | 3.692,550 | 4,848,340 | 6,288,007 | |||||
(PKR) | ||||||||
Basic and diluted earnings per share
(Restated) (Restated)
.
8.00 .
. . .. . 1. 0.50 13...6. .2 .
LUCKY CORE INDUSTRIES LIMITED UNC ONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2025 | Annexure - B2 | |
December 31, | June 30, | |
2025 | 2025 | |
(Unaudited) | (Audited) | |
ASSETS | - (PKR | in '000) • |
Non-current assets | ||
Property, plant and equipment | 38,917,478 | 38,637,751 |
Intangible assets | 3,1 19,603 | 3,115,931 |
Right-of-use assets | 307,480 | 368.21 1 |
42,344,561 | 42.121.893 | |
Long-term investments | £,41£,491 | Z,41J,401 |
Long-term loans | 983,623 | 874,088 |
Long-term deposits and other assets | 867,211 | 848,282 |
4,263,325 | 4.134.861 | |
46,607,886 | 46,256,754 | |
Current assets | ||
Stores, spares and consumables | 3,66d, 065 | |
Stock-in-trade | 21,451,566 | 16,936,671 |
Trade debts | 4,814,208 | 5, 043,132 |
Loans and advances | 1,451,169 | 1,252,652 |
Short-lerm deposits and prepayments | 1,206,225 | 825,220 |
Other receivables | 2.300,678 | 1,378,320 |
Short-term investments | 20,120,703 | 19,103,368 |
Cash and bank balances | 401,744 | 831,940 |
55.434,358 | 48,821,866 | |
Total assets | 1 02,042,244 | 95,078.620 |
EQUITY AND LIABILITIES Share capital and reserves | ||
Authorised capital | ||
7,500,000,000 (June 30, 2025: 1,500,000,000) ordinary shares of PKR 2 | ||
(June 30, 2025: PKR 10) each | 15,000,000 | 15.00 0.000 |
Issued, subscribed and paid-up capital
461,795,250 (June 30, 2025: 92,359,050) ordinary shares of PKR 2
(June 30, 2025: PKR 10) each | 923,591 | 923,591 | ||||
Capital reserves | 16,309, 643 | 18,309,643 | ||||
Revenue reserve - unappropriated profit | 31,744,065 | 29,758,856 | ||||
Total equity | 50,977.299 | 48,992,090 | ||||
LIABILITIES | ||||||
Non-current liabilities | ||||||
Staff retirement benefits | 149,838 | |||||
Long-term loans | 9, 051,171 | 9,'339,945 | ||||
Lease liabilities | 256,913 | 307,146 | ||||
Deferred income - government grant | 396,635 | 477,833 | ||||
Deferred tax liability - net | 4,039,654 | 3,918,753 | ||||
13,894,211 | 14,395,703 | |||||
Current liabilities | ||||||
Trade and other payables | 17,915,042 | |||||
Accrued mark-up | 1.160,281 | g42,2g8 | ||||
Short-term financing | 12,717,223 | 10,507,093 | ||||
Taxation - net | 3,034,588 | 2,275,170 | ||||
Current portion of long-term loans | 1,920,790 | 1,573,868 | ||||
Current portion of lease liabilities | 85,863 | 81,649 | ||||
Current portion of deferred income - government grant | 168,722 | 181,122 | ||||
Unclaimed dividend | 168,225 | 157,102 | ||||
37,17 0,734 | 31,690,827 | |||||
Total equity and liabilities | 102,042,244 | 95.078,620 | ||||
Contlngenules and Commltments | ||||||
' | IBG |
LUCKY CORE INDUSTRIES LIMITED
UNGONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY
FOR THE SIX MONTHS PERIOD ENDED DECEMBER 31, 2025
Annexure - B3
Issued, subscribed and paid-up capital
Capital reserves
Revenue reserve -unappropriated profit
Total
Balance as at July 1, 2024 (Audited) | 923,591 | 18,309,643 | 24,342,772 | 43,576,006 | |
Profit for the period - restated Other comprehensive income for the period - net of tax | |||||
Total comprehensive income for the period | 6,288,007 | 6,288,007 | |||
Transaction with owners: Final dividend for the year ended June 30, 2024 @ PKR 33 per share | (3,047,849) | (3,047,849) | |||
Balance as at December 31, 2024 (Unaudited) - restated | 923,591 | 18,309,643 | 27,582,930 | 46,816,164 | |
Profit for the period | 5 350 403 | 5 350 403 | |||
Other comprehensive income for the period - net of tax (34 269 34 269) | |||||
Total comprehensive income for the period | - | 5,316,134 | 5,316,134 | ||
Transaction with owners: Interim dividend for the year ended June 30, 2025 @ PKR 34 per share | (3,140,208) | (3,140,208) | |||
Balance as at June 30, 2025 (Audited) | 923,591 | 18,309,643 | 29,758,856 | 48,992,090 | |
Profit for the period | |||||
Other comprehensive income for the period - net of tax | |||||
Total comprehensive income for the period | 4,848,340 | 4,848,340 | |||
Transaction with owners: Final dividend for the year ended | |||||
June 30, 2025 @ PKR 6.20 per share | (2,863,131) | (2,863,131) | |||
Balance as at December 31, 2025 (Unaudited) | 923,591 | 18,309,643 | 31,744,065 | 50,977,299 | |
6,288,007 | 6,288,007 |
t 4,848,340 | 4,848,340 |
YBG
Annexure - B4
LUCKY CORE INDUSTRIES LIMITED
UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED) FOR THE SIX MONTHS PERIOD ENDED DE cEMBER 31, 2025
(Restated) | ||
Note | December 31, 2025 | December 31, 2024 |
-----------------(PKR in '000) •
CASH FLOWS FROM OPERATING ACTIVITIES
Cash generated from operations Payments for:
Non-management staff gratuity and eligible retired employees'
6,938,400
14,615,810
medical scheme | (9,272) | (12,957) | |
Staff retirement benefit plans | (34,191) | (22,944) | |
Income taxes and final taxes | (1,999,283) | (2,309,963) | |
Interest on loans / finances | (874,296) | (1,140,358) | |
Net cash generated from operating activities | 4,021,358 | 11,129,588 | |
CASH FLOWS FROM INVESTING ACTIVITIES | |||
Capital expenditure | (2,496,479) | (5,823,400) | |
Payment for acquisition of business | (6,311,649) | ||
Proceeds from disposal of operating fixed assets | 10,918 | 221,400 | |
Interest income received | 10,472 | 41,042 | |
Short-term investments made | (265,000) | ||
Short-lerm investments disposed | 65,000 | ||
Net cash used in investing activities | (2,410,089) | (12,137,607) | |
CASH FI OWS FROM FINANOINC AOTIVITIF S | |||
Long-term loans obtained | 317,590 | 6,975,633 | |
Long-term loans repaid | (553,040) | (689,556) | |
Export refinance facility (repaid) / obtained | (400,000) | 2,109,000 | |
Foreign exchange loan obtained | 1,413,106 | 3,323,998 | |
Short term running finance obtained / (repaid) | 1,197,024 | (3,849,488) | |
Payment of lease llabllltles | (81,802) | (93,630) | |
Dividend paid | (2,852,008) | (3,035,605) | |
Net cash (used in) / generated from financing activities | (959,130) | 4,740,352 | |
Net increase in cash and cash equivalents | 652,139 | 3,732,333 | |
Cash and cash equivalents at the beginning of the period | 19,543,308 | 17,122,406 | |
Cash and cash equivalents at the end of the period | 20,195,447 | 20,854,739 | |
Cash and cash equivalents at the end of the period comprise of: | |||
Cash and bank balances | 401,744 | 1,138,173 | |
Short term investments | 19,793,703 | 19,716,566 | |
20,195,447 | 20,854,739 |
YBG