The General Manager Pakistan Stock Exchange Ltd. Stock Exchange Building, Stock Exchange Road, KARACHI,
Form - 7
Date:- October 06, 2025
Sub: FINANCIAL RESULTS FOR THE YEAR ENDED JUNE 30,2025
Dear Sir,
We have to inform you that the Board of Directors of our company in their meeting held on Monday 06- 10-2025 at 11 :00 a.m ct the Registered Oftice of the Company recommended the following:
CASH DIV IDEN D:
BONUS SHARES : (ii i) RIGHT SHARES
NIL NIL NIL
ANY OTHER ENTITLEMENT / CORPORATE ACTION: NIL
ANY OTHER PRICE SENSITI V E INFORMATION: Annexure Attached
The financial results of the Company are attached as Annexure 'A' to this letter.
The yearly report of the Company for the year ended June 30, 2025 will be transmitted through PUC A RS in dre course of time and shaJJ also be made available on the company 's website www. p:ikleaiber.cant
Yours truly
For PAK LEATHER CRAF Jfi SIMITED
(NASEER AHMED)
Company Secretary
Sales
Cost of sales
Gross profit
Other income
PAK LEATHER CRAFTS LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED JUNE 30. 2025
2025
Rupees
60,093,955
46,132,955
13,961,000
9,347,676
23,308,676
ANNEXURE A
2024
Rupees
89,394,74d
76,440,759
12,953,985
13,985,813
26,939,798
Administrative expenses
Selling and distribution expenses Finance cost
Operating profit
Other operating expenses Profit before taxation Provision for taxation
Profit for the year
Other comprehensive income Total comprehensive income
Earning per share -
basic and diluted (Rupees per share)
10,727,693
1,599,124
850,637
13,177,454
10,131,222
(948,324)
9,182,898
(160,293)
9,022,605
9,022,605
2.65
12,314,683
2,088,720
785,600
15,189,003
11,750,795
(810,805)
10,939,990
(2,813,270)
8,126,720
8,126,720
2.39
PAK LEATHER CRAFTS MNITED STATEMENT OF FINANCIAL POSITION AS AT 3UNE 30, 2025
2025
2024
Rupees Rupees
NON CURRENT ASSETS
Property, plant and equipment Long term deposlD
CURRENT ASSETS
17,563,112
1,409,612
18,972,724
32,692,954
1,409,612 34,102,566
CURRENT LIABIMTIES
Short term bank borrowings
Current portion of long term financing Interest / mark up payable
Trade and other payables Provision for taxation - income tax Unclaimed dividend
CONTINGENCIES
TOTAL EQUITY AND MAB¥MTIES
17,376,890
207,041,337
54,903,419
81,965,162
33,917,894
1,561,093
142,248
Loose tools Stock in trade | 35,803,506 | 476,387 44,034,867 | |
Trade debts | 5,526,970 | 13,623,360 | |
Advances and other receivable | 13,636,015 | 3,379,140 | |
Tax refunds due from Government | 3,092,974 | 2,999,720 | |
Cash and bank balances | 521,660 | 942,422 | |
58,581,125 | 65,455,896 | ||
TOTAL ASSETS | 77,553,B49 | 99,558,462 | |
EQUZTY AND LIABIMTIES | |||
SHARE CAPITAL AND RESERVE | |||
Authorised share capital | |||
5,000,000 ordinary shares of Rs. 10/- each. | 50,000,000 | 50,000,000 | |
Issued, subscribed and pald up capital | |||
3,400,000 ordinary shares of Rs. 10/- each fully paid in cash | 34,000,000 | 34,000,000 | |
Accumulated losses | (353,354,194) | (362,376,799) | |
NON-CURRENT LIABIMTIES | (319,354,194) | (328,376,799) | |
Long term loans | 14,025,026 | 18,254,742 | |
Deferred interest income | 3,351,864 | 7,122,148 | |
379,531,253
25,376,890
219,989,717
54,903,419
81,965,162
42,816,612
2,741,213
142,248
402,558,371
99,558,462
PAK LEATHER CRAFTS LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED JUNE 30, 2025
Issued,
subscribed and Accumulated paid up capital losses
- - (Rupees)
Total
Balance as at3uly 01, 2023 | 34,000,000 | (370,503,519) | (336,503,519) | ||
Total comprehensive income for the year | |||||
Profit for the year | 8,126,720 | 8,126,720 | |||
8,126,720 | 8,126,720 | ||||
Balance as at3une 30, 2024 | 34,000,000 | (362,376,799) | (328,376,799} | ||
Other comprehensive income
Total comprehensive income for the year Profit for the year
Other comprehensive income
9,022,605
9,022,605
9,022,605
9,022,605
Balance as at3une 30, 2025 34,OO0,0O0 (353,354,194) (319,354,194)
PAK LEATHER CRAFTS LIMITED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 3UNE 30. 2025
A) CASH FLOWS FRONT OPERATING ACTIVITIES | 2025 Rupees | 2024 Rupees | |
Profit before taxation | 9,182,898 | 10,939,990 | |
Adjustment for non-cash changes and other items: | |||
Depreciation | 2,410,445 | 2,957,245 | |
Waiver of loan liability on settlement Waiver of markup on loan on settlement Balances written back Gain on disposal of fixed assets Balances written off | (5,181,254) (4,166,422) 273,819 | (6,750,817) (7,234,996) | |
Cash flows before working capital changes
Changes in working capital
(Increase) / decrease in current assets
(6,663,412) (11,028,568) 2,519,486 (88,578)
Cash flow from operations Income tax paid
Net cash generated from / (used in) operating activities A
CASH FLOWS FRON INVESTING ACTIVITIES
Additions in property, plant and equipment
24,087,023 209,649 26,606,509 121,071
Loose tools
476,387
(114,004)
Stock in trade
8,231,361
4,368,238
Trade debts
8,096,390
(3,491,099)
Advances and other receivable
(10,380,585)
(917,198)
Tax refunds due from government
(119,066)
(1,180,734)
Increase / (decrease) in current liabilities Trade and other payables
17,782,536
1,544,396
(1,464,710) (1,588,420)
25,141,799 (1,467,349)
(4,614,181) (1,466,605)
Net cash generated used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Loan from director obtained - net
Repayment of borrowings from financial institutions Net cash flows used in financing activities
Net decrease in cash and cash equivalents
Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year
B
A+B+C
(4,614,181) (1,466,605)
(12,948,380) 7,225,520
(8,000,000) (12,000,000)
(20,948,380) (4,774,480)
(420,762) (7,708,434)
942,422 8,650,856
521,660 942,422