Sakrand Sugar Milis Limited
SSñ1L/AcctJ0030/202d January 30, 2026
The General Manager
Pakistan Stock Exchange Lilriited Stock Exchange Building
Stock Exchange Road
Karachi.
SUBJECT: FINANCIAL RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2025
Ve »'ould like to infomJ you that the Board of Directors of the Company in their meeting held on Frida' Jan»an' 30, 2026, at Corporate O£ficc Suite # 222, 2"^ Floor, the Forum, G-20, Block -9, Clifton, liarachi, approved the Quarterly financial results of the Company for the period ended December 31, 2025, and recommended t)ic following.
(i) | C.ASH DIVIDEND | NIL |
(ii) | BONUS SHARES | NIL |
(iii) | fiJGHT SHAILES | NIL |
(ii') | ANY OTHER ENTITLEMENT/CORPORATE ACTION | NIL |
(s') | ANY OTHER PRICE-SENSITIVE INFORMATION | NIL |
The unaudited condensed interim financial results as approved by the Board of Directors along with statement of profit or loss, Statement of rinancial Position, Statement of Changes in Equity and Statemen of Cash Flo»'s of the Company attached here›vitl.
1'ours Sincerely,
hluhammad Imran AnThe quarterly un-audited condensed interim financial statements of the Company for the quarter ended December 31, 2025, »'ill be transmitted through PUCARS separately, within the specified time.
n
Compass' Secretary Encl: as abo›'e
Registered Office: ‹i•K, Blacfi-6, P.E.C.H.S., Karzchi•7fi400, Pad/sfan. E•mail: adinir@sstrandsugarcorn
Corporate Olfice: Suife# 222, The Fonim, lfi•20, BIock•9, Clifton, Karathl. Phone mo:+92-2T-3530329f•2 Nitl: Det Tharo lJnarPost Office, (0azlAhined) Taluka Sakrand, Olsbitt Stizheed 8enazirabad. Phone to: 0333-9366997•98Scanned with CamScanner
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS ACCOUNT FOR THE 1ST QUARTER ENDED DECEMBER 31, 2025 Un-audited Un-audited December 31, December 31, 2025 2024 …….Rupees in '000'…......Sales - net | 323,001 | 1,392,461 | |
Cost of sales | (309,127) | (1,235,162) | |
Gross profit | 13,874 | 157,299 | |
Operating expenses | |||
Administrative expenses | (35,450) | (44,497) | |
Selling and distribution cost | (423) | (1,277) | |
(35,873) | (45,774) | ||
Operating (loss) / profit | (21,999) | 111,526 | |
Finance cost | (81) | (13,018) | |
Other income | 28,848 | 192 | |
28,767 | (12,826) | ||
Profit before taxation | 6,768 | 98,699 | |
Taxation-net | (4,044) | (15,720) | |
Profit after taxation | 2,724 | 82,980 | |
Earning per share - Basic and diluted | 0.06 | 1.86 | |
The annexed notes form an integral part of these financial statements. |
Chief Executive Officer Chief Financial Officer Director
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2025
Un-audited Audited December 31, September 30,
2025 2025
……….Rupees in '000'……….
ASSETS Non-Current Assets | ||
Property, plant and equipment | 3,869,491 | 3,886,561 |
Intangible asset | 623 | 680 |
Long-term loans | 670 | 775 |
Long-term deposits | 2,860 | 2,860 |
3,873,643 | 3,890,876 | |
Current Assets | ||
Stores, spares and loose tools | 114,209 | 110,079 |
Stock-in-trade | 503,500 | 41,764 |
Trade debts | 15,669 | 19,285 |
Loans and advances | 26,185 | 27,179 |
Deposit, prepayments and other receivables | 15,642 | 10,234 |
Short term investment | - | 6,198 |
Cash and bank balances | 96,861 | 18,214 |
772,065 | 232,953 | |
Total Assets | 4,645,708 4,123,829 | |
EQUITY AND LIABILITIES | ||
Share Capital and Reserves Authorized share capital 60,000,000 ordinary shares of Rs. 10 each | 600,000 600,000 | |
Share capital | ||
Issued, subscribed and paid-up capital | 446,160 | 446,160 |
Revenue reserves Accumulated loss | (1,852,274) | (1,863,786) |
Capital reserves Surplus on revaluation of property, plant and equipment-net of deferred tax | 2,050,693 | 2,059,481 |
Directors'/Sponsors' subordinated loan 92,767 92,767
737,346 734,622
Non-Current Liabilities
Long term financing - secured Deferred liabilities
Current Liabilities Trade and other payables Unclaimed dividend Accrued mark-up
Current maturity of long-term financing Taxation - net
552,673 | 573,673 |
72,100 | 70,692 |
624,773 644,365
2,459,495 | 1,931,258 |
6,206 | 6,206 |
504,970 | 504,901 |
253,218 | 249,018 |
59,700 | 53,459 |
3,283,589 2,744,842
Total Equity and Liabilities 4,645,708 4,123,829
The annexed notes form an integral part of these financial statements.
Chief Executive Officer
Chief Financial Officer
Director
CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME FOR THE 1ST QUARTER ENDED DECEMBER 31, 2025
Un-audited Un-audited December 31, December 31,
2025 2024
….Rupees in '000'……
Profit after taxation | 2,724 | 82,980 | |
Other comprehensive income for the period - net of tax | - | - | |
Total comprehensive income for the period | 2,724 | 82,980 | |
The annexed notes form an integral part of these financial statements. |
Chief Executive Officer Chief Financial Officer Director
CONDENSED INTERIM STATEMENT OF CASH FLOWS FOR THE 1ST QUARTER ENDED DECEMBER 31, 2025
A. CASH FLOWS FROM OPERATING ACTIVITIES
Un-audited Un-audited
December 31, December 31,
2025 2024
……….Rupees in '000'……….
Profit before taxation 6,768 98,699
Adjustments for non cash charges and other items :
20,843 | 20,332 |
56 | 84 |
69 | 9,876 |
- | 308 |
866 | 8 |
Depreciation Amortisation Finance cost Provision for gratuity
(Gain) / loss on sale of fixed assets
Cash generated from operation before working capital changes Working capital changes | 21,833 | 30,608 |
(Increase) / decrease in current assets | ||
Stores, spares and loose tools | (4,130) | (23,354) |
Stock-in-trade | (461,737) | (298,920) |
Trade debts | 3,617 | (35,780) |
Loans and advances | 994 | 17,176 |
Prepayments and other receivables | 156 | 17,105 |
Increase / (decrease) in current liabilities | (461,100) | (323,773) |
Trade and other payables | 532,092 | 262,995 |
Cash generated from operations | 99,594 | 68,529 |
Taxes paid | (252) | (14,106) |
Finance cost paid | - | - |
Net cash generated from operating activities | 99,342 | 54,423 |
B. CASH FLOWS FROM INVESTING ACTIVITIES | ||
Property, plant and equipment | (10,224) | (26,071) |
Proceed from disposal of property, plant and equipment | 21 | 15 |
Short term investment | 6,198 | - |
Net cash used in investing activities | (4,006) | (26,056) |
C. CASH FLOWS FROM FINANCING ACTIVITIES | ||
Long term financing - secured | (16,800) | (27,000) |
Long term loans to employees | 106 | 91 |
Net cash used in financing activities | (16,694) | (26,909) |
Net increase in cash and cash equivalents | 78,641 | 1,458 |
Cash and cash equivalents at the beginning of the period | 18,214 | 55,647 |
Cash and cash equivalents at the end of the period | 96,856 | 57,105 |
The annexed notes form an integral part of these financial statements. |
Chief Executive Officer
Chief Financial Officer
Director
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY FOR THE 1ST QUARTER ENDED DECEMBER 31, 2025
(UN-AUDITED)
Issued, subscribed & paid-up capital | Un-appropriated profit / Accumulated loss | Surplus on revaluation of property, plant and equipment | Directors' / sponsors' subordinated loan | Total |
…………………………..….Rupees in '000'…………………………..….
Balance as at October 01, 2024 | 446,160 | (1,883,598) | 2,095,281 | 92,767 | 750,610 |
Profit after taxation | - | 82,980 | - | - | 82,980 |
Other comprehensive income for the period | - | - | - | - | - |
Total comprehensive income for the period | - | 82,980 | - | - | 82,980 |
Transferred from revaluation surplus on property, plant and equipment on account of incremental depreciation- net of tax | - | 8,783 | (8,783) | - | - |
Balance as at December 31, 2024 | 446,160 | (1,791,835) | 2,086,498 | 92,767 | 833,589 |
Balance as at October 01, 2025 | 446,160 | (1,863,787) | 2,059,482 | 92,767 | 734,622 |
Profit after taxation | - | 2,724 | - | - | 2,724 |
Other comprehensive income for the period | - | - | - | - | - |
Total comprehensive income for the period | - | 2,724 | - | - | 2,724 |
Transferred from revaluation surplus on property, plant and equipment on account of incremental depreciation- net of tax | - | 8,789 | (8,789) | - | - |
Balance as at December 31, 2025 | 446,160 | (1,852,274) | 2,050,693 | 92,767 | 737,346 |
The annexed notes form an integral part of these financial statements. |
Chief Executive Officer Chief Financial Officer Director