Macter International Ltd.PSX: MACTER

Financial Results for the Half Year Ended December 31, 2024

Feb 24, 2025 at 3:07 AM UTC · Issued by Macter International Ltd.

Ref: PSX-25/02

February 24, 2025

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building,

Stock Exchange Road,

Karachi

Subject: Financial Results for the half year ended December 31, 2024

مكيلع ملاسلا

We have to inform you that the Board of Directors of our Company in their meeting held on February 22,

2025 at 11:00 am at Karachi recommended the following:

(i)	CASH DIVIDEND	:	NIL
(ii)	BONUS SHARES	:	NIL
(iii)	RIGHT SHARES	:	NIL
(iv)	ANY OTHER ENTITLEMENT/CORPORATE ACTION	:	NIL
(v)	ANY OTHER PRICE-SENSITIVE INFORMATION	:	NIL

The financial results of the Company are enclosed herewith.

The Half Yearly Report of the Company for the period ended December 31, 2024 will be transmitted through PUCARS separately, within the specified time.

Yours truly,

For and on behalf of

Macter International Limited

Asif Javed

Company Secretary

Encl: As above

Page 1 of 9

MACTER INTERNATIONAL LIMITED

CONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UNAUDITED) FOR THE PERIOD ENDED DECEMBER 31, 2024

Note

Quarter ended		Half year ended
December 31,	December 31,		December 31,	December 31,
2024	2023	2024	2023

------------------------------ (Rupees in '000) ------------------------------

Revenue from contracts with customers	15
Cost of sales
Gross profit
Selling and Distribution expenses
Administrative expenses
Impairment loss on financial assets
Other expenses
Other income
Operating profit
Finance cost	11.3
Profit before income tax
Income tax expense	16
Profit after taxation

2,885,024

(1,508,666)

1,376,358

(719,503)

(169,232)

(23,281)

(35,790)

31,072

(916,734)

459,624

(31,498)

428,126

(119,647)

308,479

2,058,341

(1,159,373)

898,968

(587,273)

(113,714)

(5,843)

(14,013)

22,322

(698,521)

200,447

(30,752)

169,695

3,768

173,463

5,143,503

(2,802,838)

2,340,665

(1,343,521)

(312,443)

(25,234)

(49,488)

39,986

(1,690,700)

649,965

(65,297)

584,668

(187,751)

396,917

3,807,782

(2,223,094)

1,584,688

(1,096,999)

(226,037)

(5,843)

(17,615)

39,451

(1,307,043)

277,645

(64,124)

213,521

(13,073)

200,448

Earnings per share - basic and diluted

Attributable to:

Owners of the Holding Company Non-controlling interest

------------------------------------	(Rupees)	------------------------------------
6.69	3.78		8.64	4.35

------------------------------	(Rupees in '000) ------------------------------
306,441	173,190		395,654	199,102
2,038		273		1,263	1,346
308,479	173,463		396,917	200,448

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

Page 6 of 9

MACTER INTERNATIONAL LIMITED

CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2024

	Note
ASSETS
NON-CURRENT ASSETS
Property, plant and equipment	6
Intangible assets
Long-term investment
Long-term loans
Long-term deposits
Deferred taxation - net
CURRENT ASSETS
Stores and spares
Stock-in-trade	7
Trade debts	8
Loans and advances
Trade deposits, prepayments and other receivables
Sales tax refundable
Taxation - net
Short-term investments	9
Cash and bank balances	10
TOTAL ASSETS
EQUITY AND LIABILITIES
SHARE CAPITAL AND RESERVES
Issued, subscribed and paid-up capital
Capital reserve
Revenue reserve - accumulated profit
Equity attributable to the owner's of the Holding Company
Non controlling interest
NON-CURRENT LIABILITIES
Deferred liabilities
Long-term financing	11
Lease liabilities
CURRENT LIABILITIES
Trade and other payables	12
Short-term borrowings
Current portion of long-term financing	11
Current portion of lease liabilities
Current portion of long term provision
Sales tax payable
Taxation - net
Unclaimed dividends
TOTAL LIABILITIES
CONTINGENCIES AND COMMITMENTS	13
TOTAL EQUITY AND LIABILITIES

(Un-audited)		(Audited)
December 31,		June 30,
2024	2024
---------- (Rupees in '000) ----------
2,337,832	2,090,217
44,239	46,048
-	-
3,691	1,829
93,315	75,240
11,168		14,052
2,490,245	2,227,386

22,842		18,114
2,826,921		2,022,439
704,225		472,307
214,083		278,126
117,193		91,205
-		9,626
-		60,433
16,838		-
80,390		187,673
3,982,492	3,139,923

6,472,737	5,367,309

458,111	458,111
1,225,860	1,225,860
1,620,372		1,270,529
3,304,343	2,954,500
4,846		3,583
3,309,189	2,958,083

285,980		262,834
448,318		361,087
57,893		85,862
792,191	709,783

1,952,532	1,377,418
129,146	105,000
134,172	103,437
33,815	27,554
85,650	85,484
9,899	-
25,560	-

583550

2,371,357 1,699,443

3,163,548 2,409,226

6,472,737 5,367,309

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

Page 7 of 9

MACTER INTERNATIONAL LIMITED

CONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UNAUDITED) FOR THE PERIOD ENDED DECEMBER 31, 2024

Particulars

Issued,				Reserves
	Capital		Revenue
subscribed					Non-
	reserves		reserves
and paid-				Total	controlling	Total

up share		Share		Accumulate	reserves	interest
capital		premium		d profit

-------------------------------------------- (Rupees in '000) --------------------------------------------

Balance as at July 01, 2023

Profit after taxation

Other comprehensive income for the period Total comprehensive income for the period

Transactions with the owners

Final cash dividend @ Rs. 0.54 per share for the year ended June 30, 2023

Balance as at December 31, 2023

458,111

1,225,860

965,136

199,102

(24,738)

1,139,500

2,190,996

199,102

(24,738)

2,365,360

8,209	2,657,316

1,346		200,448
-		-
1,346	200,448

(24,738)
9,555 2,833,026

Balance as at July 01, 2024

Profit after taxation

Other comprehensive income for the period Total comprehensive income for the period

Transactions with the owners

Final cash dividend @ Rs. 1.00 per share for the year ended June 30, 2024

Balance as at December 31, 2024

458,111

1,225,860

1,270,529

395,654

(45,811)

1,620,372

2,496,389

395,654

(45,811)

2,846,232

3,583	2,958,083

1,263		396,917
-		-
1,263	396,917

(45,811)
4,846 3,309,189

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

Page 8 of 9

MACTER INTERNATIONAL LIMITED

CONSOLIDATED CONDENSED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED) FOR THE PERIOD ENDED DECEMBER 31, 2024

	Half year ended
	December 31,	December 31,
	2024	2023
Note	---------- (Rupees in '000) ----------

CASH FLOWS FROM OPERATING ACTIVITIES

Cash generated from operations

Financial charges paid

Income tax paid

Gratuity paid

Receipts from long-term loans

Long-term deposits paid

Advance received against motor vehicles

Net cash generated from operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Additions to property, plant & equipment

Proceeds from disposal of operating fixed asset

Short-term investment made

Net cash (used in) / generated from investing activities

CASH FLOWS FROM FINANCING ACTIVITIES

Short-term borrowings obtained

Short-term borrowings repaid

Long-term financing obtained

Long-term financing repaid

Dividend paid

Principal portion of lease liabilities paid

Net cash generated from / (used in) financing activities

Net (decrease) / increase in cash and cash equivalent

Cash and cash equivalents at the beginning of the period

Cash and cash equivalents at the end of the period

342,378

(54,574)

(98,875)

(3,433)

(1,862)

(18,075)

755

(176,064)

166,314

(375,873)

35,668

(16,838)

(357,043)

24,946

(800)

177,601

(59,635)

(45,811)

(12,855)

83,446

(107,283)

187,673

80,390

264,371

(53,518)

(144,534)

(25,918)

(507)

(916)

390

(225,003)

39,368

(8,838)

39,605

30,767

50,773

6,782

(38,883)

(24,738)

(29,369)

(35,435)

34,700

54,974

89,674

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

Page 9 of 9

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