Financial Results for the year ended 30.6.2025

1

Investment in Associates

2,394,209,001

2,394,219,001

2

Trade and other payables

6,352,782,129

6,352,792,129

2025

2024

Note

Rupees

Ru pees

asSL rS

Non Current Assets

i'rogcñ.y, plant and equipment

Z2,980M0,159

investment property

6

20100000

1/,030,000

intangible assets

55720,485

37,931,63d

Innq Lerm investments

8

2394,209,001

V,0 3,/60,/n6

I nrtg term deposits

9

56,354,135

25,736,503,780

srorus, spares and loose tools

10

667,289,249

? ocK uJ ti adc

11

18,800,585,001

16,830,4db, /4b

I r ih dr'hts

12

6,t74,181,272

6,?24,162,l 80

• u Ans and advances

13

1,097,1,487

1,058,252,48 7

U'hur rtCcivables

14

436,089,241

P87,6d9/ld

Shur' term invcsn1cntfi

IS

S1,T 18,400

28,7/1,2?.S

15 x ref unds due from the Covernmont

16

2,487,565,009

1,068,250JI7

£.:'sh rand bank balances

17

98,415,057

31,957,577

29,812,3W,716

27,0?2,82!›,? 19

Assets Classified as Held for Sa Ie

18

1,?97,846,336

9,10G, 10?, /9

57,346,694,832

Sfi,033, t38, 00

E U1YY AN D LIABILETEES

Share Capital and Reserves

Authorized share capital:

o0,000,000(2025 S0,000000)ordnaq sharesofRs.l0cach

500,000,000

500,000,0

:»urd, subscribed and paid up capital

15

300,000,000

30U,000,000

ltñS0FVC S

12,717,621,927

lt‹•valuation surplus on property, gld0t d id equipment

20

5,435,479,478

5,6881.1G,20S

Shareholders' Equity

18,453,101,405

Non Current Liabilities

I ong Term finances

21

8,93G,487,140

8,375,i53,095

L‹'use! liabilities

22

37,475,021

22,0d9,5!a

IJr'fe.t‹c'‹t tax liability

Z3

74D,°74,699

805,017,7t9

9,74336,860

9,20?,22G,3 /S

Current Liabilities

! rust: and other payables

Nnclui ine‹J dividend

Cont ract liabilities

2S

P.ccrucd mark up

26

€:rirr‹:nt portion of non current lidbilitic

27

Si or: term borrowin9

28

Prov..run for tdxation

29

29, t79,256,567

2R,02S, 809, /21

C,cntingencies and Comm‹Cments

30

57,346,694,832

51,033,138, 100

6,352,842,129

7,481,900,2 61

3,680,032

3,G80,032

149, 130,058

H4,6/9,1 US

786,272,482

I, 183,19 1,? 6

2,699,498,757

2, t"/3,?.,?.6G

18,020,451,236

16,121,861,G32

1,167,381,873

l,0/ 7,080, 0G3

(4,110,526,444)

(5,63t,381,235)

(182,050,846)

(398,045,195)

344,651,166

117,‹gi,zzs

250,481,333

437,160,217

CONSOLIDATED STATEMENT OF

202s

2024

Rupees

Rupees

f4et Prntit for the Year 978,016,486

249,t36,S91

Other Comprehensive Encome for the Year

items that i+'III not de reclassified to profft or loss

Revaluation surplus on property, pint and equipment -

3,400,902,916

Items that may be recyassiffed subsequently to proifit or Ioas

OLhcr comprehensive income for the ye6r

3,400,902,916

Tetal Comprehensive Income for the Year 978.016.486

3,650,439,507

Total Comprehensive tncome attributable to:

- Equity holders of the Parent Company 978,016,4B6

3,650,439,507

- Non controlling interest

978 016 486

3,650,439,507

'l'hc annexed notes from 1 to S3 form an integral part of these consolidated financial statements.

Rupees

Rupees

Rupees

Rupees

Rupees

Rupees

Balance as at 3une 30, 20Z3

300,000,000

7, t20,600

11,057,700,669

t1,064,82t,269

2,389,847,221

13,751,668,'t90

Net profit for the year

OLhcr comprehensive income for the year

-

-

-

249,536,591

249,536,591

3,400,902,916

249,536,591

3,400,902,916

Total comprehensive income for Lhe yCar

249,536,591

249,536,591

3,400,902,9 16

3,650,439,507

Incremental depreciation charged on revalued property, plant and

102,633,932

102,633,932

(102,633,932)

equipment transferrecl to retained earnings

Balance as at 3une 30, 2oZ4

3oo,ooo,OOO

7,120,600

1t,409,871,192

1L,416,991,792

5,688,J16,20'i

17,'t0S,I07,997

NcL profit for the year

o‹ntr comprehensive income

for the year

978,016,486

978,016,486

978,016,d86

lotal comprehensive income

for the year

978,0t6,486

978,0t6,486

978,0t6, 86

Incremental depreciaLion charged on revalued property, plant and equipment transferred to reLaincd earnings

252,636,727

2'i2,636,727

(252,636,727)

Share in equiry adjustment or

Jssociatv

69,976,922

69,976,922

69,9-/6,922

Balance as at 'June 30, 2O2s

0 000 000

7 0 600

1 10 50 7

717 62 92

5 7 8

8 4 3 0 05

(2,883,272,778)

(3,0S7,704,8t3)

(23,7S4,4W)

(3't,7.60,d.01)

26Z,008,2?S

1,03 000

134,320,993

O5,9D8,853

(2,500,000)

@0,000)

11,735,300

5,422,M6

1,608,256455

2025

2024

Note

Rupees

Rupees

CASH GENERATED fiRofl OPERATIONS 41

3,447,177,908

1O,029,'›78,906

ncomc tax paid

(742,641,22D)

(288,4t2,863)

I 'inancc cost paid

(4,t66,235,016)

(s,416,406,9t9)

Worked' tP *I) participation fund paid 24.2

(65,963,970)

(70,397,1o2)

Dividend paid

(19,808)

(4,974,840,206)

(?,775,266,742)

Net Cash tUsed in) / Generated from Operating Activities

(1,5Z7,662,298)

4,254,267,164

CASH FLOW FROI•t INVESTING ACT¥V¥TgES

I'aymcnt for acquisition of property, plant and equipment 5.1 & S.11

I'eymcnt for acquisition of intangiblcs 7

Dividends received from associate during the year

Dividends income received from short term investment 37

proceeds fYom disposal of property, plant and equipment

I.ong term deposits 9

l›rocecds of short term investments

Proceeds from sale of assets classified as held for sale 18

Net Cash Used in Investing Activities

(1,1S4,182,524)

(7.,7/8,715,463)

CASH FLOW FROt•s FINANCENG ACWVZTIES

I.ong term finances obtained

2,800,000,000

1,436,321,998

I.ong term finances repaid

(1,628,672,498)

(1,674,058,107)

Lease liability paid

(21,611,804)

(7,82,326)

Short term borrowings - net

1,598,S86,604

(,232,64?,310)

Net Caah Generated from / (Used inj Pinancfng Activities 48

2,748,302,302

(1,'t78,202,785)

Net Increase / {DecreaseJ izs Cash ancf CagA Equivalents During tfse Year

d6,457,#80

(2,656,O94)

Cash and cash equivalents at the beginning of the year 17

31,957,577

3't,613,661

Cash and Cash Equivalents at the End of the Year 17

98,41S,057

31,9S7,577

Sales

57,071,382,737

66,583,767,005

Cost of Sales

(49,107,864,833)

(56,855,235,797)

Gross Profit

7,963.517,904

9,728,531,208

Operating Expenses

Distribution Costs

(1,410,799,254)

(1,681,786,859)

Administrative Expenses

(l,32B,259,5B9)

(,200,833,l?7)

2 37 058 823

(2,882,620.056)

Operating Profit

5,226,459,08

6.845,911,152

Finance Cost

(4, 10,526,444)

(5.631,381,235)

Other Operating expenses

(J 82.050.846)

[398,045. 195)

Other Income

344,651, 166

117,491.225

Share of net profit of associate

250,481,333

437, 160,247

(3,697,444,791)

5 474 74 58

Profit before Levy and Taxation

1,529.0) 4.290

1,371,136,1.94

Levy / final taxation

13 3 2 28

8 5 78 009

Profit before toxofion

815,622,006

475,347, 85

Taxation

162,444,480

(225,810,594)

Net Profit for the Year

978,066,486

49 53

91

Earnings per Shore- Basic & Diluted

0

32

22,980,120,1S9

22,214,63?.2/4

250,100,000

T74,038,000

55,720,485

37,93t,636

2,394,219,001

2,073,7?0,"/46

56,354,135

53,854,135

843,263,574

@,830,488, MS

6,174,181,272

6,"/24,162.180

1,097,L01,487

1,0?8.28?,487

436,089,241

487,649.4J4

51,118,400

- 28,-/'/1,225

2,487,565,009

J,068,2b0,317

98,405,057

31,95-/,5"/"/

Stores, spares and loose tools 10

S lock in trade IN

made drbts 12

I .oans and advances

13

O thcr receivables

14

Short tcrm investments

10

Tax refunds due from the Government

16

Ca sh and bank balances

1"/

29,812,334,716

2/,072,82b,Lt9

Assets Classified as Held for Sale

18

1,797,846,336

3,406,102,/91

57,346,694,832

5¿,033.138,100

EQUITY MIND LiABfLfTiES

Share Capital and Reserves

Authorized sh are capital:

L0.000,000 (2024: 50,000,000) ordingry shares of Rs. TO each

S0Cl,O00%00

Issued, subscribed and paid up capital

ftcscrvcs

19

Idevaluation surplus on property, plant and equipment

20

Shareholders' Equity

18,453,151,405

17,405,10-/.997

Non Current Liabilities

I ong term finances

21

8,936,487,140

8,3/ S,t53,09S

1 case liabilities

22

37,475,D21

22,049,b14

l3cfcrred tax Iiabi1ity

23

740,374,6ss

gos,oi z,/6

9,714,336,860

9,202.220.3-/8

Current Liabilities

1rade and other payables

24

g,352,y92,129

7,481,900,?tJ

Unclaimed dividend

3,680,032

3,680,032

Contract liabilities

149,230,058

84,8-/9,J45

Accrued mark up

786,272,482

t,183.191,316

Current po rtion of no n-curry nt liabilities

2,699,498,757

2,1"/3.210,286

Short terns borrowings

28

18,020,451,23g

16,421.86't,632

t*rovision for taxation

29

1,167,381,873

1,077,084,063

29,t79,206,567

28,425,809.7?5

Contingencies and Commitments

30

57,346,694,832

S?,033,138,100

Admin i"strative expenses

34

(1 3 2

9

2

3 9

(2,Y37,058.823)

(2,887,620,056)

Operating Profit

5,226,459,081

6,84t,911.J 5?

I inoncc cost

3t

Other operating expenses

36

Othor income

3/

Share of net pfofit of associate

8

f3,697,444,791)

f1,4/J,"//4,9b8)

Profit bofore Levy and Taxation

1,529,014,290

I,2'/1,136,194

I cvy / final taxation

38

713,392,284)

(895,789.009)

Profit before Taxation

815,622,006

4"/?,34-/,t8?

I axation

39

162,444,480

(2?5,810,b94)

Net Profit for the Year

97B,D6b,486

249,S36,?91

Earnings per Share - Basic and Diluted

40

32.60

8.3?

(4,110,526,444)

(S,631,38T,235)

(182,050,846)

(398.04S,19b)

344,651,166

11/,491.,2P5

250,481,333

43f,160,?47

Other Comprehensive Income for the Year

liems shaI will not be reclassified fo profit or loss

l?cvaiu ation surplus on property, qlant and equip ment

IIem that may be reclassified subsequently to profit or loss

-

1,4 00,907,9t6

Other comprehensive income for thc year

-

3,400,90?,9t6

Total Comprohonsive Ineomc for the Year

878,066,486

3,6?0,439,b0 /

Rupees

Rupees

Rupees

Rupees

Rupees

Rupees

Balance as at June 30, 2023

300,000,000

7,120.600

I 1,057.700.669

11,064,821.269

2,389,807,221

13,"/54,668,490

N ct profit for the year

249,536,591

749,536,t91

2d 9,536,b9l

0her comprehensive income Ipr the boar

3.400,90P,916

3,400.90?,916

ola | comprehensive income

248,536,591

249,536,591

3.400.90Z,916

3,650,439,50-/

for the year

Incremental depreciation charged on revalued property, plant and equipment transferred to rcCained earnings

202,633,932

T02.633.932

(102,633,932)

Balance as at Juna 30, 2024 300,000,000

7,120,600

11,409,871,192

1,416,991,792

5,688.116,205

I-/,405,10/,99/

New profit for the year

978,066,4B6

978,066,486

-

978,066,486

Other comprehensive income

lot the year

-

otal comprehensive income

for the year

978,066,486

978,066,486

978,066,486

Incremental depreciation charged on revalued properly, plant and oquipm«nt transferred to

retained earnings -

252,636,727

253,636,727

(252,636,727)

Share in equity adjustment of associate

69,976,922

69,976,922

69,976,922

baiance es at June 20, 2025

300,000,000

7,120,600

12,710,551,327

12,717,671,927

5,435,479.678

18,t53,151,405

CASH GENERATED FROM OPERATIONS 41

3,447,167,908

T0.029.5?8.906

In com c tax paid

(742,641,220)

(288,J4F.,863

I Nuance cost paid

(4,166,235,016)

(5.416,406.919

Workcrs' (profit) partici patio n fund paid 24.2

(65,963,970)

(70,39"/,I.?2

Idividend paid

(19,808}

(4,974,840,206)

(5,775,266,742}

Net Cash (Used in) / Generated from Operating Activities

{1,527,g72,298)

4,254,262, 164

CASH FLOW FROM INVESTING ACTIVITIES

I*aYmcnt for acquisition of property, plant and equipment 5.1 & 5.1t

(2,883,272,778)

(3.057,791,813

Payment for acquisition of intangibles 7

(23,754,494)

(34,?60,F04,

l3ividends received from essociete during the year

262,008,??5

l3ividcnds income received from shprt term investment 37

I'rocccds from disposal of property, plant and equipment

134,320,993

45,948,8b3

I.ony term deposits

(2,500000)

(4 0,000)

l'rocccds of short term investments

1L735300

5,42?,446

I'rucccds from sale of assets classified as held for sale 18

1.60B256,455

Net Cash Used in Investing Activities

(1,154,182,524)

(2,T78,715,A63)

CASH FLOW FROM FINANCING ACTIVITIES

I ong torm finances obtained

2,800,000,000

1,436,321,998

I ong term finances repaid

(1,628,672,498)

(T,674,058,t07

I case liability paid

(21,611,804)

(7,821,326,

Shun teim borrowings - net

1,598,586,604

(T,2J2,6't?,3t0

Net Cash Generated from / (Used ink Financing Activities 48

2,748,302,302

(1,478,202,'f85)

Net Increase / (Decrease) in Cash and Cash Equivalents During the Yaar

66,447,480

(2,656,08'4)

Cash and cash equivalents at the beginning of the year 1/

3t,95Y,57Y

34,613,661

Cash and Cash Equivalents at the End of the Year t7

98,405,057

31,957,t-/-/