( F O R M E R LY O LY MP I A S P I N N I N G & W E AV I N G M I L L S L I M I T E D )
OML/FIN/RES/PSX/2025/1006
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building,
Stock Exchange Road, Karachi.
Subject: Financial Results for the year ended 30 June 2025 Dear Sir,( +92-21-35080923-4
+92-21-35080926
r•7 .info@olympiamiIIs.com @ .https://www.oIympiamiIIs.com
H-23/3, Landhi Industrial Area Karachi, Pakistan.
06/10/2025
It is to inform you that the Board of Directors of Olympia Mills Ltd in their meeting held today at Plot No. H-23/3, Landhi Industrial Area, Karachi, have approved the accounts of the Company for the year ended June 30, 2025.
CASH DIVIDEND: NIL BONUS SHARES: NIL RIGHT SHARES: NIL
The financial results of the Company are enclosed herewith.
We will be transmitting the Annual Report for the year ended June 30,2025 in electronic form through PUCAR. The Annual General Meeting will be held at 12:00 pm on October 27,2025 at registered office of the company. The Register of Members of the Company will remain closed from October 21. 2025 to October 27.2025.
Yours Faithfully,
For Olympia Mills Limited
OLYMPIA MILLS LIMITED STATEMENT OF FINANCIAL POSITION
' AS AT JUNE 30, 2025
NOTE | JUME 30, 20Z5 nUrEEs | JUNE 30, zn24 nu EMS |
EQUITY AND LIABILITIES StJARE CAPITAL AND IIESERVES
Authorized capital
J3,Qgg,(jt)t) (2024:13,(lt)'fl,(ltXl) Orc4irtsty shares isf ttn.10 each.
ISSU4N}, St1b.8Cri itl4€l /did II Q F•l1dIN Cit[711itI
99,675,484 | 95,3S7,212 |
331,395,081 | 420,Hn,081 |
- | t52,747,940 |
Rex rune rcscn'es
I20,000,fWl 120,00fi,000
Loan frrtm directors and others | 6 | 153,719,332 | M,450,132 | ||
Surplus on tcvoluotion of property, plant end equipment | 7 | 52S,234,4sS | 525,23g,4fiR | ||
2G9,267,243 | 38,5C7,950 | ||||
NON CURRENT LIABILITIES Longtenm5nandng | 8 | ||||
deferred liabilities | 9 | 2,742,Z3J | 1,b20,448 | ||
CURAENT LIA8ILITIE5 | 2,742,731 | t,620,448 | |||
Trade and other payables | 10 | ||||
Short-term borrowings | 11 | ||||
Taxation - net | 12 | ||||
Current portion of long term financing | |||||
431,070,565 | 669,73€@B | ||||
TOTAL IJABtLIITES | 433,815,296 | 6 L3S5,426 | |||
CONTINGENCIES AND COMMITMENTS | t3 | ||||
TOTAL EQUITY AND LIABILITIES | |||||
ASS£TS | |||||
TION CURRENT ASSETS | |||||
Property, plant and equipment | t4 | 4,SSS,ZS9 | 7,017,659 | ||
Investment property | t5 | 612,340,701 | 617,P9 ,21t | ||
Long term deposits | 16 | 11,11L673 | t0,916,702 | ||
629fl0018G | 685é2t52 |
CURRENT ASSETS
2S,796,QXI | |||
375,95t | |||
t4,B49,22t | |||
24,955,32t | 2S,5@_,747 | ||
3,070,353 | t0,1t3,W |
Trade debts 17
Shori term investment IB
Loans and advari‹:es 19
Taxation- net 12
Other receivables 20
Cash and bank balancea 21
TOTAL ASSETS
The
xcd iirtcs form an itttc ref psrf of them fin«iiciol statements.
CHIDE CUTIVE OrFICER CHIEP FI OFFICEIt
OLYMPIA MILLS LINtfFE'O STATEMENT OF PROFIT On LOSS
FOit THE YEAit ENDED JUNE 50, 2025
NOTE | ]UNE 3P, 2035 RurEEs | ]UNE 30, 20Z4 tJPEES |
Income-net
Direct opcrafinp cxpcnn9
Profit from princi} al line ot btwi»css
Administtahvc ah general expenses Other income
Gain on extinguishnicnt of debt Other expenses
22 132,850,497
M (fifl,221,fl15)
zz,szq,4sz
(2g,521,242) | (2fi,193,3fXI) |
6,96t,M8 | 5,120,756 |
I J9,886,fi98 (7,348,602) | (9,132,021) |
24
25
26
90,980 | #9,204,565) | |||||
Operating profit | ||||||
Finance cast | 28 | |||||
Profit before incame tax Taxation | 29 | I60,M0,I20 (j4,628,7DZ} | 38,168,0t7 (18,441,021) | |||
Net prcfit for the year after taxatinn | 19,726,995 | |||||
Earning per share - Basic and diluted | 30 | t2.16 | 1.64 | |||
27
21,884,730
(48,557,64d)
73,327,0R9
tVE OFFICER
CHIE
OLYMPIA MILLS LIMITED
STATEMENT OF COMPIIEIJENS I VE IMCOME
FOII THE YEAR EMDED JUNE 30, 2025
JUNE 30, 2025
NO'A
JUNE 30, 2024
RUPEES
Profit for the yc.ar
Other comprehensive income for the ye.ar
Items that refill not be reclassified to I'rofit or Loss
(Loss) on rcmeasurcrncnt of staff retirement benefits
Total cornprehensix•e income for the year
I 45,9tll,4l 3
(411,120)
145,490,293
19,726,995
19,Sol,177
TJif DIIItcxtd notes fonii air intcgral part of these fiiiaiicial staleinetits.
IVE
OFFICER
OLYMPIA MILLS LIMITED STATEMENT OF CHANGES IN EOUITY FOR THE YEAR ENDED JUNE 30, 2025
SHARE CAPITAL | RESERVES | LOxN FROM DIRECTORS AND gy | TOTAL | |||||
REVENUE RESBRYBS | SUB TOTAL -REVENUE RESERVES | CAPITAL RESERVE | ||||||
SUBSCRIBED AND PAID UP SHAR£t CAPITAL | REVE1'4UE RES£iRVE | U APPROPRI ATED ILOSSESI | SURPLUS ON REVALUATION OF PROPERTY,Pt.AMT xxo Equiexrzw | |||||
120,O00,0O0
3,S80,053
(698,312,100)
2J9,822,M2
t70,3Z8,773
2Z0 ,0fD
3580,OSJ
{678,760 923}
(675,t80,870)
68 432
38,507,950
Repayment
I9,726,995
(J75,8t8)
145,901,4t3
1K,9O1,412 (4t1,12O)
19,726,995 (t7S,818)
{D1,800.f¥XI) | t2Zt ,0tXI) |
(t5tJ72,000) (15t,3 00)
t45,901,413 (411,120)
85C69,0DD 857d9,DD
3,s80,0s3
(5J3,37D,6S0)
LW,M9332
269NT24TCHEE Ft
" | OLYMPIA MfLLS LIMITED STATEMENT OF CASH FLOWS Fon THE YEAR ENDED JUNE 30, 2025 | ||||||
NOTE | JUNE 30, 2025 | IUNE 30, 2024 RUPEES | |||||
czsri mows rnou oPERATING ACTIVITIES | |||||||
Cash generated from operations | 31 | 49,536,429 | 61,680,63a | ||||
Taxes paid | (19,963,395) | (11,333,tt6) | |||||
Finance cost paid | (3,079,664) | (3,977,052) | |||||
Long fcrm deposits | (195,971) | (1,09t,2t2) | |||||
h/et cash generated from operating activities | 26,297,399 | 45,279,249 | |||||
CASH FLOIYS FROM INVESTING ACTIVITIES | |||||||
Proceeds from disposal of property, plant and equipment | |||||||
Payments for capital expenditure | (6,132,770) | ||||||
Net generated frnrrJ (used in) investing activities | (6,132,770) | ||||||
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||
Long term financing | (32,859Q42) | (t5,440,61?) | |||||
Short term borrowings | (3,7gt,ixo) | 6,218 | |||||
i"tet cash (used inl financing activities | (36640342) | (39,222,6tS) | |||||
Net (denease) in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cnsh equivalents at the end of the year | 21 | (8,342,944) t0,4t3,297 2,070,353 | (76,t36) I0S89,#33 10,413,297 | ||||
The annexednotes foon on infrgraf pnxf of these fiuaiicial statcztieitls. | |||||||
CHIM
L OFFICER