Transmission of Quarterly Financial Statements for the Period Ended 09-30-2025

MEDIA TIMES LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2025

Media Times Limited Company InformationBoard of Directors Aamna Taseer (Chairman) Shehryar Ali Taseer (CEO) Shahbaz Ali Taseer Shehrbano Taseer

Ayesha Tammy Haq Leila Khan

Salman Khalid Mian

Non-Executive Executive

Non-Executive Non-Executive Non-Executive Independent Independent

Chief Financial Officer Asad Yar KhanAudit Committee Leila Khan (Chairman)

Ayesha Tammy Haq (Member) Salman Khalid Mian (Member)

Human Resource and Remuneration (HR&R) Committee

Salman Khalid Mian (Chairman) Leila Khan (Member) Shehryar Ali Taseer (Member)

Risk Management Committee

Aamna Taseer (Chairperson) Shehryar Ali Taseer (Member) Leila Khan (Member)

Company Secretary Shahzad JawaharAuditors M/s Junaidy Shoaib Asad, Chartered AccountantsBankersLegal Advisors

Allied Bank Limited Faysal bank Limited Askari Bank Limited The Bank of Punjab

M/s. Ibrahim and Ibrahim

Barristers and Corporate Consultants Lahore

Registrar and Shares Transfer Office

Corplink (Pvt.) Limited Wings Arcade, 1-K

Commercial Model Town, Lahore Tele: + 92-42-5839182

Registered Office First Capital House

96-B/1, Lower Ground Floor

M.M. Alam Road, Gulberg-III Lahore, Pakistan

Tele: + 92-42-35778217-18

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DIRECTORS' REVIEW

The Directors of Media Times Limited ("MTL" or "the Group") have pleasure in submitting their Review Report together with the ConsoliJated Interim Financial Statements of the Company for the three months period ended September 30, 2025

Financial Overview

The Company, for three months period of this financial year reported an after-tax profit of Rs.2. Z1 million as compared to a loss of Rs 2.84 million in corresponding period. Turnover has decreased to Rs. 31.73 million as comoared to Rs. 33. 92 million in corresponding period Cost of production decreased to Rs. 13.01 million as compared to Rs.13.07 million in corresponding period.

Detailed results of the Group for the period are disclosed in the financial statements accompanying this repor{, however hi'ghlights for the period are as follows

Profit and Loss Account

September

202* 2024

(Rs. in Millions)

'•uture Prospects:

The increasingly competiti' e business environment, persistent inflation, and volatility in consumer demand are expected to remain key challenges for the COmpany. However, the management is confident that through the creation of new revenue streams, adoption of advanced t hnologies, and continued operational improvements, the Company will be able lo deliver notable results in the future

Media Times Limited remains fully committed to achieving excellence across all areas of its operations and to upholding the high standards of quality for which it is known—both in its products and in its business practices.

Acknowledgements

The Directors wish to place on record their sincei e appreciation for the dedicat.on, professionalism, and commitmen! demonstrated by empIo›ees et all levels, whose efforts hav enabI=o Media Times Limited to maintain its yosifion as one o' Paris:an’s loading media companies. The Company recognizes that its continued sucCess and future growth depend on the hard ' ork and collaboration of its people, and it remains committed to sharing the rewards of their collective achievements.

The Board also extends its gratitude to (he Central and Provincial Governmen“ regulatory bodies, vie‘,'vers, producers, vendors, financial institutions, banks, investors, servic. providers, and all other stakeholders for their continued support and cooperation

For and on behalf of the Board of Directors

Lahore: 23 October 2025

CEO/DirCctor

96-B. Lower GrounrJ F)oc r. Pace Mall B‹iildif?g. M.M- Alam Road. Gtflberg-/l. Lahore TEL: +92-42-35778217-18

bt•din 2”iiiics Limited

Ctw«lciised Stctciiicnt of l'inniicinl Positit›il (Un-iitiilitc‹l)

Ads'anm‹, prrpnjminits arid otlitr rectival›lcs

Cash Md hank lsnlmccs

EQUITh’ AND LlABtL12’tLS

210,000,000 (30 lunt 2025: 210,000,000) onlitiory shares of Rs. 10. each

Share cnpiial

Long term financing

Deferred revenue

Tfndc end other payables Cnntmci liability Mark•ujt sccrccJ Deferred rm'cnue

Lease liebility

30 luno

2025

g, 4q,115 il5,381,3S3

s8,

0 0 0 0 00

Contliigencles and coiiiiiiltnirnts

j-t,q pqtp „t J tp ly ypp, pt integral part of tliie condensed Interims financial infoniiation.

Media Times Limited

Condensed Statement of Profit or Loss (Un-audited)

For the period ended 30 September 202s

Juty-&tpCcmber JWy-Szpkmbor z05 2024

Rupee•—

The annexed notes from 1 to 15 form an integral pwt of this condensed interim financial informanon.

Chief Financial Orncer

Media Times Limited

Condensed Statement of Comprehensive Income (Un-audited)

For the period ended J 0 Scpfembcr 20?J

uyficp uy p r

20&S 2024

- - - - - - - - - - Rupees - - - - - - - - - -

Profit /(loss) for the period Other comprehensive income

T0tBT COZOPFCh0OS}S'0 J0Ot¥lC//OSS) fOF tfl2 }sEriod

2,212,616 (2,845,371)

7.2t2,6t6 (2,g45,37I)

The annexed notes from I to lS form an integ il part of this condensed interim finnncinl information.

Chlef Exccutis'e Officer Director Chlef Financial Otficcr

Media Times Limited

Condensed Statement of Changes in Equity (Un-audited)

for the period ended 30 september 2025

Capltal reserves Revenue reserve

Sbare

f/aspproprtsted loss

7otxl

1,788,5t0,100

76,223,440

Balance ss at i July 2014 (xu,jIttd)

ice e e

e em er

Balance ss et 30 Septczabcr 2025 {Co-audited) 5 '76,223,t40 (2,919,’/5t 27} tt,05'i,0t7,787}

ChfefExecutive Officer

Chief Ffnanclsl Officer

Media Times Limited

Condensed Statement of Cash Flow (Un-audited)

For the period ended 30 Sepleitiber 202J

NoIe

July - Septtfuber July - September 2025 2024

Rugees Rupees

Cash used in operations

Finance cost paid Taxes paid

Net cash used in operating activities

Fixed capital expenditure incurred Investment in Subsidiaries

Net cssh generated from Investing actlvifles

Ciish fIo 'sfern finaotine aehvitiec

Receipt oflong term fuiances - net

Net cash (used in) / generated fr0m financing ectivltles Net increase in cash and cash equivalents

Cash and cash equivalents st begtnnlng of the period Cash and cash equivalents ut end of the period

Chief Executive Officer

10 (3,490,12d)

(812,584) (3¥6694) (q,699,4O3)

(4,699,403} B,035,653 3,336,250Chief Financial Officer

I,539,337 (1,763,393)

(424,052)

(648,108)

(648,108j 829,870

181,762

Media Times Limited

Notes to the Unconsolidated Condensed Financial Information (Un-audited)

For the period ended 30 Sepiemf er 2025

Cornerzte and general lnformstlon

Media Times Limited ("the Company") was incorporated iii Pakistan on 26 June 2001 as a private limited compaziy and was converted into public limited company on 06 March 2007. The Company is listed on Pakistan Stock Bzchange. The registered office of the Company is situated at First Capital House, 96-B-1, Lower ground Floor, M.M Aiam Road, Gulberg-Ill, Lahore. The Company has regional offices in Karachi & Islamabad. The Company is primarily involved in printing and ptiblishing daily English and Urdu news papers in the name of "Daily Times" atsd "AajKal" respectively.

Beefs ef prtparstion

1. This condenced interim financial information comprised a‹ «ndensed interim statetisent of financial position of the Company, as at 30 September 2025 and the related condensed interim Statement of profit or loss, condensed interim statement of comprehensive, income, condensed interim statement of cash flow and condensed iDt0ritn statement ofchanges in equity together with the notes forming part thereof.

2. This condensed interim financial information has been prepared its accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting. The accounting and reporting standards applicable in Pakistan for inttriei fuiancial reporting comprise:

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

   Provision of and directives issued under the Companies Act, 2017.

   Where the provision of and déectivcs issues under the Companies Act, 2017 differ with the requirements ofIAS 34, the provisions of and directives ieaued under the Companies Act, 2017 bave been followed.

3. This condensed interim financial information does not include all of the infortiiation required for full annual fmancial statements and should be read in conjunchon with the annual financial statements for the year ended 30 June 2025. Comparative statement of financial position numbers are extracted from the annual audited financial statements of the Company for the year epded 30 JuDe 2025, whereas comparatives of condensed ñitetim statement ofprofit or loss, condensed interim statement of comprehensive income, condensed interim statement of cash flow and condensed interim statement of changes in equity are stated from unabated condensed interim financial information of the Company for the nine months ptriod ended 30 September 2024.

4. This condensed interim financial information is unaudited and being submitted to the sharebolders as required under Section 237 of the Cooipanies Act, 2017 and the Listing Regulations ofPakistan Stock Exchange Limited.

1. In preparing this condensed interim financial informat)oit, management has made judgments, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets and liabilities, income and expenses. Actual results tDay differ from these estimates.

2. Estimates aisd judgments made by the management in the preparation of this condensed interim financial ioforzaation arc tbe same as tftose Lhat were applied to tbe aonual financial statcmeDtS of tfte Company as at xad for the year ended 30 June 2025.

1. Signlfieani accounting policies

   1. The accounting policies and the iriethods of computntion adopted in the preparation of this condensed interim Fmzaoizl information are same as those applied in the preparation of the financial statements for the year ended 30 June 2025.

      Media Times Limited

      Notes to the Unconsolidated Condensed financial Information (Un-audited)

      For the period ended J0 Settee ber 202J

2. Property, elant end equipment

   Operating fixed assets

   Note

   (Un-audited)

   30 September

   2025

   74,674,229

   (Audited) 30/uoc 2025

   80,306,507

   Rht-of-ust assets

   1. Operative rued assets

      Opening book value

      Additions during the period f year

      Written down value of disposals during the period / year Depreciation for the period / year

      5,2

      22 80,306,507

      80.3o6,s07 105,7s2,916

      S.1.J

      (5,632,278J (25,446,409)

      Impairs ant recognised during the period / year - -Closing book value 7d_,674,229 80,306,507

      1. The details ofcost of properly, plant and equipment that have been added and/or disposed-off during the period / Year are as follows:

         Nine months ended (Un-audited) Year chided fAudited)

         30 September 2025

         (Additions) fDisposats)

         30 June 2025

         (additions) fDisposab)

         		Rupees
         Plant and machinery
         Leaie hold Improvements	-	-
         Office equipment	-	-			-
         Comptikrs			-
         Furniture and fittings
         Vehicles	-	-	-		-

   2. Right-of-use assets - at Net BooL Value Opening book value

Charge for the year

(Us-audited) 30 September

2025

Rupees

(Audited) 30 June

2025

83,152,576

847,795

Termination of lease Closing beok value

(84 000,371)

Media Times Limited

Notes In the Condensed Interim Financial Information (Un-audited)

For the ptriod ended 3ff 3eprem6er 2025

2025 2025

340 604,307

6.1 This represents unsecured loan obtained Gern WTL Servient (Private) 1-imitc'L This loan is r«psyiblc in Gunn 2029. this c•riu *-up al the rate of three sonths KiBOR plui 3% per anrrlm (30 June 2024: then -onto KfBOR plis 3%. 9• )› P^W * °" demaft‹ List Act, WTL Services (Private) Lfinited circled the c1«tl3c 1 of tech 6'gr cut by extending th0 10nA limit frozti R3 million to Rs. 500 millinn Grid the dite of repayment from June 20a tn tune 8888'

2025

3O]uoo 22D

Accrued liabiliiici Secwity deposits

Sam ux pawbc - ou

€hahfiry due but oot paid wi&ong tax myable

7./

t,123,500

16,506,967

104›¥07,¥0J

1It.0?5,778

l3.?54.407 l38,5’7B,Z40 1,122400 I6,506$67

2.5'f&,186

375,ZS&'?63

2.t ncérucd uiclude gs. 11.o97 million (3o June 2o2â: 12.597 million) payable to Palo Pakii ui Imit•a, olitedpanics of the '"P•°F-7,2 It includes security received from agencies against czeculion of agency c'ontrnJ

coun•ee•c1ee and commltments

g,2 Them is no significant chant in time xtntus of confing'enciex as highlighted in note 21 tn the Companys ennual fina°cin1 *tstmr'nts

zH Wbym an »o commitment u cl 30 September 2025,

Loss per sbAre - baste ao4 diluted

Oucztrr Eoded

ao s ptea›s+r zozs 3a s

Bssic earning per xharc has been calculated by diJJg ihe profit atjriblit ble to equity holders of tb6 Company bY Wi8htod 8 & ntbtr

2025

30 Sepicmkr

2024

J%iumen/%rnon•casfi cRrgu end other tree.•

Dcp %bO0•OWDQdMsc$

Expected credit low

Prouiiion fer retéemenf benefits Reduction in lcoe liablity

{jncreasc)/Dcczcw in tr•de debts

(lacrease) io advsoce, prcpsyazcals sodolAcr receivables Contract Lizblity

t8.*8 l,319)

4,469,327

21,I 20,648

24,016.651

Czsb used in operations 1S3Q337

Media Tiirics Limited

Lancs In the Financial SfalcotcntS

I TraaleclJoos wI‹b zcla‹ed pieties

JOGm-Z4

du Init 4be jrear

Trarisa '‘“

Closing b£anec

Rel4ied parties comprises oF ss•oci•tcd cemganics, d rectors, key management gcraoaocl and oñ›ct compxrzica wbcrc 4ircfollows.

Common Dirmiorsbip

éO0OJ% é0OOJC Kryomiomgomrolpcmonncl

Rwnmcntion Patsble

3,000,000 1,636g46

3,dJ6.E46

Officer. Dizeciors, Corontoy Sccntzry aad Jlead oFDcpulzoasis la br iu key auoagcaeo pc‹s xael.

8• ' >& llrr Chief Financier Officer, Cldek Executive

CamScanner

Times Limited

to the Unconsolidated Condensed Interim Financial Information(Un-audited)

J5zperiod ended 30 September 2025

1. Reportable segments

   The Company has one strategic division, wbich is its reportable segriient. This division offer different products and services and is managed as a single operating segment.

   The followine summary describes the operations of eacb renonable seerneni.

   Rgoortzble seaments Operation

   Advertisement it »mprises of "Dafly Times" and "AajKal" being the Daily flnglisb and Urdu newspapers respectively printed from Lahore, Kamchi and Islamabad and Sunday times social media plarfomis and digital accounts.

2. In formflkion abnut cenortable seenitnts

On the basJs ofits internal reporting structure, the Cotnpzny considers itself to be a single reportable

segment. Huring tbe year 2023, the Company disposed ofits electronic rDedia licenses, which previously constituted a separatereportable operating segment. Following this disposal, the Company no longer bas any distinct reportable operating segments for financial reporting purposes.

15 Financial risk management

The Coespany‘s financial risk management objectives and policies are consistent with those disclosed in the audited annual financial statements of tbe Company as at and for tbc year eaded30 /uoe 2025.

14

14.I figures have been rounded off to the nearest nipees unless otherwise stated. Tbe functional currency used is Pakistani Rupee (Rs.).

Date of authorization for issue

This un-audited condensed interim financial information for the period ended 30 September 2025 was authorized for issue in tbe Board ofDirectors meeting beld on ‘3 _3 - {@ - O

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