The General Manager February 9, 2026
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi
Subject: FINANCIAL RESULTS FOR THE SIX AND THREE MONTHS PERIOD ENDEDDECEMBER 31, 2025
Dear Sir,
We have to inform you that the Board of Directors of Pakistan Cables Limited (the "Company") in their meeting held on Monday, 9thFebruary 2026 at 11:00 a.m. at Nooriabad, recommended the following:
-
CASH DIVIDEND
NIL
-
BONUS SHARES / RIGHT SHARES
NIL
-
ANY OTHER ENTITLEMENT / CORPORATE ACTION
NIL
- ANY OTHER PRICE-SENSITIVE INFORMATION
NIL
The Financial results of the Company are enclosed.
The Financial Statements of the Company for the 2ndquarter and six-month period ended December 31, 2025 will be transmitted through PUCARS within the specified time.
Yours faithfully
Per Pro Pakistan Cables Limited
Natasha Mohammad
Head of Legal Affairs and Company Secretary
Cc: Head of Operation
Central Depository Company of Pakistan Limited, 99-B, Block-B, S.M.C.H.S.,
Main Shahrah-e-Faisal, Karachi-74000
Cc: The Director/HOD
Offsite-II, Department, Supervision Division, Securities and Exchange Commission of Pakistan, NIC Building, 63 Jinnah Avenue,
Blue Area, Islamabad
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2025
ASSETS
Non-current assets
Unaudited) (Audited)
Note December 31, June 30,
2025 2025
(Rupees in '000)
Property, plant and equipment Right-of-use assets
Intangible assets
1nvestmenl in associated company Long-term loans receivable
Long-term deposits
Current assets Stores and spares Stock-in-trade Trade debts
Short-term loans and advances
Short-term deposits and prepayments Short term investment
Other receivables
Taxation - payments less provisions Cash and bank balances
Assets classified as held for sale Total current assets
Total assets
EQUITY AND LIABILITIES
Share capital and reserves
Authorised share capital
100,000,000 (June 30, 2025; 100,000,000) ordinary shares of Rs. 10 each
Issued, subscribed and paid-up capital Capital reserves
Share premium reserve
Revaluation surplus on property (land and building) - net of tax Revenue reserves
General reserie
Un-appropriated profit / accumulated (loss) Total sharehoiaers' equity
Non-current liabilities
Long-term financing - secured Lease liabilities
Staff retirement benefits
Staff compensated absences Deferred income - Government grant Deferred taxation
Current liabilities
Currenl portion of long-lerm financing Gurrent portion of lease liabilities Trade and other payables
Short-term borrowings - secured Conttact liabilities
Advance against assets classified as held for sale Unclaimed dividend
Accrued mark-up
Total liabilities
Contingencies and commitments Total equity and liabilities
5 15,791,914
6296514,618
6 427,780
4,5761g,aeg
16,341,161
120,6128,728,349
9,szs,781
102,272 82,1901 t7,951
1,149,540
1,780,331 493,909 22,200,9357
8
910
1 1
12 1,946,717
24,147,652
40,488,B13
,000,000
544,574
1,595,139
3,338,0042943,000
2B0,S07
9,701,224
13 5,662,251
44,5Z0
57,442
1,599
14 160,225
6,300,270
13 249,399
23,810
15 8,916,294
16 12,469,348
17 741,871
1,787,921
31,558
267,118
24,487,319
30,787,58918
40,488,813
15,765,376
74,206
23,806
87,945
6,420
18,538 15,976,291
115,138
7,525,045
7,591,543
69,937
49,162
112,154
,069,816
1,305,847
376,971
18,215,613
3,361,945 21,577,558
37,553,849
1, OOD, 000
544,574
1,595,139
4,715,605
2,943,000
(316,337)
8,481,981
6,535,748
65,679
49,122
5,163
412,347
129,860
7,198,019
248,376
19,137
6,978,437
10,419,782
478,797
2,425,588
31,563
272,169
20,873,849 28,071,868
37,553,849
The annexed notes from 1 to 31 form an integral part of these condensed interim financial statements.
Chief Executive Officer Director Chief Financial Officer
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UNAUDITED) FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
Six months period ended Three months period ended | |||||||
December 31, | December 31, | December 31, | December 31, | ||||
Note | 2025 | 2024 | 2025 | 2024 | |||
-------------------------------•-- (Rupees in '000) ---------------------------------- | |||||||
Revenue from contracts with customers | 19 | 16,179,716 | 15,713,763 | 9,516,268 | 8,194, 226 | ||
Cost of sales | (14,580,122) | (14,060,514) | (8,524,445) | (7,328,721) | |||
Gross profit | 1,599,594 | 1,653,249 | 991,823 | 865,505 | |||
Marketing, selling and distribution costs | 20 | (607,943) | (555,417) | (387,202) | (311,562) | ||
Administrative expenses | 21 | (219,957) | (187,616) | (120,822) | (105,417) | ||
Impairment (charge) / reversal on trade debts | (11,467) | 13,508 | (11,467) | 11,908 | |||
Total operating expenses | (839,367) | (729,525) | (519,491) | (405,071) | |||
Finance cost | 22 | (1,111,423) | (1,258,904) | (552,385) | (570,285) | ||
Other expenses | (4,144) | (11,741) | (1,163) | (11,411) | |||
Other charges | (1,115,567) | (1,270,645) | (553,548) | (581,696) | |||
Other income | 23 | 183,283 | 135,110 | 109,632 | 72,418 | ||
Share of profit from associate under | |||||||
the equity basis of accounting | 6 | 429,613 | 411,645 | ||||
Profit I (loss) before levies and income tax | 257,556 | (211,811) | 440,061 | (48,844) | |||
Levies - Final tax | (380) | (12,335) | (380) | (5,335) | |||
Profit / (loss) before income tax | 257,176 | (224,146) | 439,681 | (54,179) | |||
Income tax (expense) / credit | 24 | (43,730) | 37,487 | (85,270) | (1,542) | ||
Profit / (loss) after tax for the period | 213,446 | (186,659) | 354,411 | (55,721) | |||
(Rupees) (Rupees)
Earnings / (loss) per share - bas ie and diluted 25
3.92
(3.43)
6.51
(1.02)
The annexed notes from 1 to 31 form an integral part of these condensed interim financial statements.
Chief Executive Officer Director Chief Financial Officer
CONDENSED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED) FOR THE SIX MONTHS ENDED DECEMBER 31, 2025
Six months period endedNote December 31, December 31,
2025 2024
(Rupees in '000)
CASH FLOWS FROM OPERATING ACTIVITIES | ||||
Cash used in operations | 26 | (99,703) | (496,020) | |
Finance costs paid | (1,044,816) | (1,300,639) | ||
Gratuity paid | (630) | (1,104) | ||
Income tax and levies paid - net | (488,331) | (315,468) | ||
Long-term loans receivable | 1,844 | 2,503 | ||
Long-term deposits | (770) | (10,785) | ||
Net cash used in operating activities | (1,632,406) | (2,121,513) | ||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||
Capital expenditure including intangible assets | (245,012) | (1,059,689) | ||
Proceeds from disposal of fixed assets | 31,333 | 9,779 | ||
Proceeds from assets classified as held for sale | 781,718 | 696,014 | ||
Dividend received | 92,312 | 2,218 | ||
Investment in associated company | (48,450) | |||
Net cash generated from / (used in) investing activities | 660,351 | (400,128) | ||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||
Long-term loans obtained | 1,358,686 | |||
Repayment of long-term loans | (936,148) | (573,898) | ||
Lease rentals paid | (24,420) | (22,201) | ||
Short-term borrowings - secured | 2,610,224 | 3,435,296 | ||
Dividend (paid) / unclaimed | (5) | 14 | ||
Net cash generated from financing activities | 1,649,651 | 4,197,897 | ||
Net increase in cash and cash equivalents | 677,596 | 1,676,256 | ||
Cash and cash equivalents at beginning of the period | (619,200) | (1,441,924) | ||
Cash and cash equivalents at end of the period | 27 | 58,396 | 234,332 | |
The annexed notes from 1 to 31 form an integral part of these condensed interim financial statements.
Chief Executive Officer Director Chief Financial Officer
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UNAUDITED) FOR THE SIX MONTHS ENDED DECEMBER 31, 2025Share
Capital Reserves Revenue Reserves
Total
Capital Issued, Share Surplus on General Accumulated
subscribed premium revaluation reserve {loss) /
and paid-up reserve of assets - un-appropriated capital net of tax profit
-------------------------- - - ---- (Rupees in'000) --------------------------------------
Balance as at July 01, 2024
Total comprehensive loss for the
period from July 2024 to December 2024
Loss after tax
Other comprehensive loss - net of tax
Transfer from surplus on revaluation of building - net of deferred tax
10% bonus shares issued - for the year ended June 30, 2024
Transfer to general reserve for the year ended June 30, 2024
Balance as at December 31, 2024
Balance as at July 01, 2025
495,067 1,595, 139 4,597, 117 2,618, 000
- (300,713)
(300,713)
(2,95B)
49,507
325,000
544,574 1,595, 139 4,293,446 2,943,000
544,574 1,595,139 4,745,60S 2,943,000
374,778 9,680,101
(186,659) (186,659)
(11,037) (311,750)
(197,696) (488,409)
2,958
(49,507)
(325,000)
(194,467) 9,181,692
Total comprehensive income for the period from July 2025 to December 2025
Profit after tax - -
Other comprehensive income - net of tax - -
Transferred to unappropriated profit on disposal of assets
Transfer from surplus on revaluation of building - net of deferred tax
(1,376,652)
(949)
213,446
- 5,797
- 219,243
1,376,652
949
213,446
5,797
219,243
Balance as at December 31, 2025
544,574 1,595,139 3,338,004 2,943,000
1,280,507 9,701,224
The annexed notes from 1 to 31 form an integral part of these condensed interim financial statements.
Chief Execulive Officer Director Ghief Financial Officer