Concrete Limited
A Listed Company in Pakistan Stock Exchange. Branch Nusrat Bhutto Colony.
28 October 2025
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi.
FORM-7Subject: FINANCIAL RESULTS FOR THE IST QUARTER ENDED
30 SEPTEMBER 2025
Dear Sir,
We have to inform you that Board ofDirectors of Safe Mix Concrete Limited (the Company), in their 74'h meeting held on Tuesday, 28 October 2025 at 11:30 a.m. at Naya Nazimabad Gymkhana, Naya Nazimabad, Manghopir Road, Karachi recommended the following:
CASH DIVIDEND
BONUS SHARES
RIGHT SHARES
Nil Nil Nil
ANY OTHER ENTITLEMENT / CORPORATE ACTION Nil
ANY OTHER PRICE-SENSITIYE INFORMATION Nil
The standalone financial statements ofthe Company are attached herewith as follows:
Condensed Interim Statement ofProfit or Loss (Annexure-Al)
Condensed Interim Statement ofFinancial Position (Annexure-A2)
Condensed Interim Statement of Comprehensive Income (Annexure-A3)
Condensed Interim Statement of Changes inEquity (Annexure-A4)
Condensed Interim Statement of Cash Flows (Annexure-A5)
You may please also inform the TRE Certificate Holders of the Exchange accordingly.
The report of the Company for the 1st quarter ended 30 September 2025 will be transmitted through PUCARS separately, within specified time.
G e t
CDO '<
Yours' faithfully,
Dab9er Ullah Sheikh
Company Secretary
Plot # 1, Global Industry Nusrat Bhutto Colony, North Nazimabad, Karachi.
0345 2022 473-4
Statement ofProfit or Loss
For quarter ended September 30, 2025
Note
Unaudited Unaudited30 September 30 September
2025 2024Revenue - net | 14 | 596,292,451 | 307,894,740 | |
Cost of revenue | 16 | (496,962,784) | (250,891,174) | |
Gross profit | 99,329,667 | 57,003,566 | ||
Administrative expenses | (18,524,719) | (12,405,816) | ||
Selling and distribution expenses | (4,954,530) | (178,246) | ||
(23,479,249) | (12,584,062) | |||
Operating profit/(loss) | 75,850,418 | 44,419,504 | ||
Other expenses | (9,214,299) | (9,393,288) | ||
Other income | 1,113,483 | 6,455,120 | ||
(8,100,816) | (2,938,138) | |||
Finance costs | (8,316,296) | (11,437,640) | ||
Profit / (loss) before taxation | 59,433,306 | 30,043,725 | ||
Taxation | (12,797,526) | (8,254,119) | ||
Profit / (loss) after taxation | 46,635,780 | 21,789,606 | ||
Earning per share - basic and diluted | 1.87 | 0.87 | ||
The annexed notes from 1 to 18 form an integral part of these condensed interim financial statement
Chi f inancial Officer
Chief Executive Officer Director
Statement ofFinancial Position As at September 30, 2025 | 30 September | Audited 30 June | |||
ASSETS | Note | 2025 | 2025 | ||
Non-current assets Property, plant and equipment | 4 | 268,551,322 | 268,353,782 | ||
Right ofuse asset | 5 | 19,736,428 | 3,064,465 | ||
Intangible Assets | 157,043 | 162,222 | |||
Long term deposits | 366,940 | 23,500 | |||
Long term advances | 130,937,690 | 96,134,600 | |||
Deferred taxation - net | 45,483,064 | 46,141,187 | |||
Current assets | 465,232,487 | 413,879,756 | |||
Stock-in-trade | 6 | 33,552,836 | 21,179,019 | ||
Stores, spares and loose tools | 22,895,361 | 19,408,559 | |||
Trade Debtors | 7 | 359,250,724 | 379,613,239 | ||
Loans and advances | 8 | 22,198,992 | 20,250,726 | ||
Prepayments and other receivables | 10,399,642 | 5,333,269 | |||
Taxation - net | 78,596,471 | 80,724,361 | |||
Cash and bank balances | 9 | 86,300,042 | 52,709,351 | ||
613,194,068 | 579,218,524 | ||||
Total assets | 1,078,426,555 | 993,098,280 | |||
EQUITY AND LIABILITIES | |||||
Share capital and reserves | |||||
Authorized capital 35,000,000 (June 30, 2022: 35,000,000) ordinary share ofRs. 10 each | 350"0 0 00 | 350,000,000 | |||
Issued, subscribed and paid up capital | 250,000,000 | 250,000,000 | |||
Capital reserve Share premium | 14,728,576 | 14,728,576 | |||
Revenue reserve Accumulated profit | 226,167,302 | 179,531,522 | |||
Non-current liabilities | 490,895,878 | 444,260,098 | |||
Long term financing - secured | 91,299,972 | 97,328,102 | |||
Right ofuse asset (Lease liability) | 12 | 17,491,232 | 2,809,694 | ||
Staff retirement benefits | 31,918,859 | 29,730,996 | |||
Current liabilities | 140,710,063 | 129,868,792 | |||
Trade and other payables | 13 | 337,633,351 | 303,901,223 | ||
Advances from customers | 8,386,941 | 17,219,871 | |||
Current maturity of long term financing | 46,166,334 | 43,584,513 | |||
Current Maturity ofright ofuse asset (Lease liability) | 3,333,736 | 961,451 | |||
Loan from Director | 49,441,102 | 51,941,102 | |||
Unclaimed dividend | 300,213 | 300,213 | |||
Accrued markup | 1,558,937 | 1,061,017 | |||
Contingencies and commitments | 14 | 446,820,614 | 418,969,390 | ||
Total equity and liabilities | 1,078,426,555 | 993,098,280 |
C ie Financial Officer
The annexed notes fiom 1 to 18 form an integral part of these condensed interim financial statement
Chief Executive Officer
Safe Mix Concrete Limited
Statement of Comprehensive Income
for quarter ended .'ii'ytrm her 3tI, J02J
ProftahermxaGon
Other comprehensive loss
Items that will not be reclassified
subsequent to ]*I'EDfit Or 1D5S
Reineasurements toss on defined benefit l iability
Tax thereon
I/naudited 30tepCombor 2DZ5
46,63fi,780
E/oauditcd 3D September
Z0Z4
2I ,7h9, 6D6
Total comprehensive income for the yeor
2I ,7 fl9, 6D6
The annexed notes from I to 18 form an integral part Df these condensed interim financial statement
Chl
Chief Executive Officer Director
Statement of Changes in Equity
For the quarter ended September 30,2025
Balance as at June 30, 2024 - Restated
Total comprehensive incomefor theyear ended June 30, 2025
Transferred to short term loan from related parties
Profit aBer taxation
Other comprehensive loss
Issued subscribed and paid-up capital250,000,000
Share premium
14,728,576
Accumulated
126,547,918
Total
391,276,494
Tfialtsactions with Owners
- Final Dividend @ 20%for the year ended June 30, 2024
102,983,604 102,983,604
1 27 64 10271 641
269963 ] 269,963
(50,000,000)
Balance as at June 30, 2025
Total comprehensive income for the period ended September 30, 2025
Profit after taxation
Other comprehensive loss Balance as at September 30, 2025
250,000,00046,635,780 46,635,780
14,728,576
179,531,522
46,635,780226,167,302
494,260,098 46,635,780 540,895,878The annexed notes from 1 to 18 form an integral part of these condensed interim financial statement
Chief F na ial Officer
Chief Executive Officer
Statement of Cash Flows For quarter ended September 30, 2025 | Unaudited 30Sepember | Unaudited 30 September | |
2025 | 2024 | ||
CASH FLOWS FROM OPERATING ACTIYITIES | |||
Profit / (loss) before taxation | 59,433,306 | 30,043,725 | |
Adjustments for non-cash items: | |||
- Depreciation onproperty, plant and equipment | 6,816,000 | 5,444,769 | |
| 2,317,863 1,278,136 | l,71O,H3 | |
- Provision for Workers' Profit Participation Fund | 3,195,339 | 1,581,249 | |
- Amortization Expense | 5,179 | 5,082 | |
- Profit on saving accounts | (643,692) | (1,028,573) | |
- Finance costs | 8,316,296 | 11,437,640 | |
21,285,121 | 19,151,160 | ||
Cash generated from operating activities before | s0,7is,427 | 49,194,885 | |
working capital changes
Effect on cash flow due to working capital changes
(Increase) / decrease in current assets
Stock-in-trade
Stores, spares and loose tools
Trade debts
Loan, advances, prepayments and other receivables
Increase in current liabilities
(12,373,817)
(3,486,802)
20,362,515
(7,014,639)
2,155,001
(1,862,031)
(51,306,687)
(12,708,960)
(63,722,677)
Trade and others payables
Advance from customers
29 258 6 4 28 092 776
(8 832 930) 187 4 4
20,425,724 28,280,230
Cash generated from / (used in) operations tax (paid) / received
Staff retirement benefit paid Finance cost paid
Net cash generated from / (ustd in) operating activities
CASH FLOWS FROM INYESTING ACTIYITIESCapital expenditure incurred Profit on saving accounts
Advance paid for purchase ofnon-current assets Long term deposit paid
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIYITIESFinancing against DM received
Re-payment against long term financing Loan repaid from related parties
Net cash generated from 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 quarter
98,631,408
(10,669,636)
(418,167)
(6,490,227)
(17,578,029)
81,053,378(7,013,540)
643,692
(34,803,090)
(343,440)
(41,516,378)
7,000,000
(10,446,309)
(2,500,000)
86,300,042
13,752,438
(10,375,218)
(750,888)
(13,676,855}
(24,802,961)
(11,050,522)
(8,100,000)
1,028,573
(7,071,427)
(769,249)
(769,249)
(18,891,199)
46,796,567
27,905 368