The General Manager,
Pakistan Stock Exchange Limftgd,
Stock Exchange Building, Stock Exchange Road, Karachi,
Ref: Sql/25-08/7550
August 29. 2025
SUBJECT: FINANCIAL RESULTS POR THE YEAR ENDED 2025-06-30
Dear Sir,
We have to inform you that the Board of Directors of our company in their meeting held on 2023-08-29 at 1 6:1 5 at Lahore recommended the following:
CASH DIVIDEND
.6 fi nan Cash Di vidend for the year ended 2025-06-30 at Rs. 20/- per share i,e. 200%. This is in addition to (nteriir Dividend already pald at Rs. 32/- per share i.e. 320 %.
BONUS SHARES
RIGHT SHARES
ANY OTHER ENTITLEMENT/CORPORATE ACTION
ANY OTHER PRICE - SENSITIVE INFORMATION
(Attached as per Annexure I)
- FINANCIAL RESULTS
NIL NIL NIL
The financial results of the company are attached as per Annexure - II.
The .Annual General Meeting of the Company will be held on 2025-09-25 at 11:30 at Lahore.
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on 2025-09-1 8
The Share Transfer Books of the Company will be closed from 2025-09-1 9 to 2023-09-25 (both days inclusive}. Transfers received at the shaTe registraT NI/s Corp Tec Associates {At.) Ltd., S03 - E. .lohar Town, Lahore at the close of business on 2025-09-1 8 will be treated in time for the purpose of above entitlement to the transferees.
The Annual Report of the Company will be transmitted through PUCARS atleast 21 days before holding of Annual Genei at Meeting.
Ynurs faithfully,
For Sa En eerin Wo
ARS D H
D
(Conjpa y Secretary)
rks Limited,
Encls' as above
Registered Office: BB-AU Town, Thokar Nioz Baig. Raiwind Rood,'Lohore. Pakistan s_ +92-42-35Z'91573-74, 35ZO7B61-62
€0 +9Z-42-3I5EO7B63 f§i sazgor@broin,ne*Pk, info@sozgoroutos.com @ https://www.sazgaroutos.com
Cnr Plont: Moghrobi Tonki-1 Link Rood, Near Ijtamah Chowk. Sunder-Raiwind Road, Roiwind. Lahore. Pakistan
UAN: 34d4-S G n Ozs-4E7} •92-4Z'-3539B671-74 ›O +9E-4E-3E39867s
Three Wheeler Plant: IB-KN, Roiwind Road. Lahore. Pakistan t2 +92-4E-35330300-2 IB +9E-4E-3533O329
IN TERMS OF SECTION 96 OF THE SECURITIES ACT, 201S
Lahore: August 29, 2025
The General Manager,
Pakistan Stock Exchange Limited, Stock Exchange Building,
Stock Exchange Road, Karachi.
Executive Director/ HOD,
Offsite-11 Department, Supervision Division, Securities & Exchange Commission of Pakistan, 63-NIC Building. .linnah Avenue,
Blue Area, Islamabad.
Name of Company
Date of Report (date of earliest Event reporteil if applicable)
Address of Registered Office Contact Information
Disclosure of Price Sensitive Information:
, Sazgar Engineering Works Limited
, 88-Ali Town, Thokar Niaz Baig, Ralwind Road, Lahore.
: Company Secretary, 88-Ali Town, Thokar Niaz Baig.
Raiwind Road, Lahore.
In accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1 (a) of PSX Regulatiolls, we are pleased to inform you that the Board of Directors of the Company in their meeting held on today i.e. August 29, 2025 has made the following decisions:
1, Recommendation of Final Cash Dividend:
The Board of Directors of the Company, at their meeting held on today i.e. August 29, 2025 has recommended a final Cash Dividend @ 200% i.e. Rupees 20.00 per share subject to the approval of members in the forthconi rug Annual General Meeting of the Company (AGM). This is in addition to the interim cash dividend of 320% waking total cash dividend of 520% for the year ending June 30, 2025 (June 30, 2024 : 200%).
Revision in Monthly Managerial Remuneration of Chief Executive and Executive Directors:
The Board of Directors of the Company has approved the revision in monthly managerial remuneration (net of tax) of the Chief Executive and Executive Directors of the Company with effect from July 0 I , 2025 as betow:
Description
Revised Monthly Remuneration (Net of Tax) Rs.
Chief Executive Officer
5.800,000/-
Executive Director (COO- Three Wheelers
and Autoiiiotive Parfs Division)
3.0oo,onc/-
Exec1ltii'e Director (COO- Car Division)
1,600,000/-
All other terms and conditions of their respective contracts with the Colnpany shall remain same.
Cnnt... nn page 02
Registered Office: BB-Ali Town, Thokor Nioz Baig. Roiwind Rood, Lahore. Pakistan Id +92-42-35EQ1573-74. 3S297ss1-62
Ie +ez-4s-ss297Bs3 駧 sazgor@brain.net.pk, info€zsozgaroutos.com @ https://www.sozgorautos.com
Cor PJont- Maghrabi Tanki-1 Link Road, Near jtamah Chowk, Sunder-Raiwind Rood. Roiwind. Lahore. Pakistan
UAN: 3444-SAZGAR {7 '9-427} L +92-42-3S396Q71-74 IM +9E-42-3539B676
Three Wheeler Plant: 1B-KM. Raiwind Road, Lahore. Pakistan It +92-42-35330300-Z IB +92-42-35330329Page 02
- Discontinuation of Home Appliances Business:
The Board has decided to discontinue the Home Appliances business effective from September 01, 2025 after a comprehensive review of its financial performance, market dynamics and long-term strategic objectives. The decision has been made in the best interest of the shareholders with a view to focusing the Company's resoui'ces on its coi'e businesses and more profitable segments. All necessary regulatory requirements and contracttia I obligations relating to the discontiniiation have been fulfilled without any disruption to einp[Oyees, customer or stakeho Jders. Furthermore. the Company hnlds no water ial assets or liabi iities pertaining to the segment of horne appliance business.
Yntirs sincerely.
Foi Sazgar Engineering Works Limited
Registered Office: BB-Ali Town. Thokar Niaz Boig. Roiwind Road• Lahore, Pakistan c +92-42-352g1573-74, 35297861-62 j@ *92-4E -35Z97B 63 £B sozgor@brain.net.pk, info@sazga rautos.com @ https://www.sazgoroutas.com Maghrabi Tanki-1 Link Rood. Near Ijtamah Chowk, Sunder-Raiwind Road, Roiwind, Lahore. Pakistan UAN* 3444-SAZGAR' {7P9-42/ t2 *9E-4E-3I 3OB671-74 0@ +92-4Z-3519B676
Three Wheeler Plant: 1B-KM, Roiwind Rood, Lahore. Pakistan +92-42-35330300-2 III +92-42-3533O329
FINANCIAL POSITION
AS AT JUNE 30, 2025 | |||||
EQUITY AND LIABILITIES | Rupees | Rupees | |||
Shore Capitol and Reserves | |||||
Authorized share capital | |||||
100,000,000 (2024: 100,000,000) ordinary shares of Rs. 10 each | 1,000,000,000 | 1,000,000,000 | |||
Issued, subscribed and paid up capitol | 604,459.640 | 604,459,640 | |||
Capital reserve - share premium | 557,406.192 | 557,406.192 | |||
Revenue reserve - unappropriated profit | 22,545,831,628 | 8,942,220,855 | |||
Shareholders' Equity | 23,707,697,460 | 10104,086,687 | |||
Non Current Liabilities | |||||
Diminishing musharakah financing | 49,825,282 | 151,892,953 | |||
Deferred tax liability | 203,778,448 | 207,775,728 | |||
Post employment benefits | 689,75 l .270 | 495,893,469 | |||
Deferred revenue | 19,763,562 | ||||
Current Liabilities | 943,355,000 | 875,325,712 | |||
Trade and other payables | 16,380,112,157 | 1 6l 60,140,423 | |||
Unclaimed dividend | 22,228,966 | 6,269,891 | |||
Short term borrowings | |||||
Profit payable | 134,718,125 | 17,220,879 | |||
Current portion of non-current liabilities | 114,469,094 | 208,427,075 | |||
Taxation - net | 434,275,876 | 1,854,552,237 | |||
17,085,804,218 | 18,246,610,505 | ||||
Contingencies and Commitments | |||||
Total Equity and Liabilities | 41,736,856,678 | 29,226,022,904 | |||
ASSETS | |||||
Non Current Assets | |||||
Property, plant and equipment | 7,939,921,844 | 4,560,37'4,008 | |||
Intangible assets | 62.564 | 130,814 | |||
Long term loans to employees | 74,167,676 | 39,444,745 | |||
Long term deposits | 8,990,470 | 8,930,470 | |||
8,023,142.554 | 4,608,880,037 | ||||
Current Assets | |||||
Stores, spares and loose tools | 63,066,066 | 5,809,570 | |||
Stock in trade | 14,227,879,268 | 14,318,096,914 | |||
Trade debts | 1 l 1,137.653 | 133,017,887 | |||
Loans, advances, deposits, prepayments | |||||
and other receivables | 2,715,138,956 | 2,398,535,831 | |||
Cash and bank balances | 7,761,682,665 | ||||
33,713,714,124 | 24617,142,867 | ||||
Total Assets | 41,736,856,678 | 29,226,022,904 | |||
MIAN ASAD HAMEED
SAEED IQBAL KHAN
MUHAMMAD ATIF RAO
PROFIT OR LOSS
FOR THE YEAR ENDED UNE 30, 2025
Rupees Rupees
Sales - net Cost of sales
Gross Profit
108,694,499,692 57,642,468,564
(77,032,448,989) (41,996,098,564)
31,642,050,Z03 15,646,370,000
Distribution and marketing costs Administrative expenses | (3,474,402,975) (560,327,372) | (1.810,895,576) (383,302,629) | |
Other operating expenses | (1,992,726,278) | (999,809,051) |
(6,027,456,625) (3,194,007,256)
Operating Profit
25,6
12,452,362,744
Other income | 1,355,017,678 | 832,388,254 | |
Finance cost | (230,296,277) | 168,911,343) |
1,124,721,401 663,476,911
Profit before Levy and Taxation
26,739,3l5,4Z9
13,115,839,655
Levy / final taxation ( 1,431,417) (494,830)
Profit before Taxation | 26,737,884,062 | 13,115,344,825 |
Taxation | (10,401,682,720) | (5,179,668,249) |
Net Profit for the Year
Earnings per Share - Basic and Diluted
16,336,201,342 7,935,676,576
270.26 131.29
MIAN ASAD HAMEED
SAEED IQBAL KHAN
MUHAMMAD ATIF RAO
COMPREHENSIVE INCOME | |||||
FOR THE YEAR ENDED UUNE 30, 2025 | |||||
Rupees | Rupees | ||||
Net Profit for the Year | 16,336,201,342 | 7,935,676,576 | |||
Other comprehensive income | |||||
/fems fhof may De re- classified suDsequenfly to profit or loss | |||||
/fems that wi// nof De re-c/ossified suDseqoenf/y to profit or loss Re-measurement of net defined benefit obligation | (72,968, 153) | (21 ,286,383) | |||
Other comprehensive loss for the year | (72 968,153) | (21 286.383) | |||
Total Comprehensive Income for the Year
16,263,233,189 7,914,390,193
MIAN ASAD HAMEED
SAEED IQBAL KHAN
MUHAMMAD ATIF RAO
CHANGES IN EOUITY
FOR THE YEAR ENDED JUNE 30, 2025
Rupees | Rupees | Rupees | Rupees | |
Balance as at June 30, 2023 | 604,459,640 | 557,406,192 | 1,753,182,230 | 2,915,048,0b2 |
Net profit for the year | 7,935,676,576 | 7,935,676,576 | ||
Other comprehensive loss for the year | (21,286,383) | (21,286,383) | ||
Total comprehensive income for the year | 7,914,390,193 | 7,914,390,193 | ||
7ransocfion with Ow'ners | ||||
Final cash dividend @ Rs. 4 (40%) per ordinary share for the year ended June 30, 2023 | (241,783,856) | (241,783,856) |
First interim dividend @ Rs. 8 (80Pj per ordinary shore for the year ended June 30, 2024
(483,567,712j
Balance as at June 30, 2024 | 604,459,640 | 557,406,192 | 8,942,220,855 | l 0,104,086,687 |
Net profit for the year | 16,336,201,342 | 16,336,201,342 | ||
Other comprehensive loss for the year | (72,968,153) | (72,968,153) | ||
Total comprehensive income for the year | 16,263,233,189 | l 6,263,233,189 | ||
Transaction with Ow'ners | ||||
Final cash dividend @ Rs. 12 (120Pj per ordinary share for the year ended June 30, 2024 | (725,351,568) | (725,351,568) | ||
First interim cash dividend @ Rs. 10 (100a) per share for the year ended June 30, 2025 | (604,459,640) | (604,459,640) |
Second interim cash dividend @ Rs. 10 (100%) per ordinary share for the year ended June 30, 2025
Third interim cash dividend @ Rs. 12 (120Pj per share for the year ended June 30, 2025
(604,459,640) (604,459,640)
(725,351,568j (725,351,568)
Balance as at June 30, 2025
MIAN ASAD HAMEED
604,459,640
SAEED IQBAL KHAN
557,406,192 22,545,831,628 23,707,697,460
MUHAMMAD ATIF RAO
CASH FLOWS
FOR THE YEAR ENDED UNE 30, 2025 | |||||
Rupees | Rupees | ||||
CASH FLOWS FROM OPERATING ACTIVITIES | |||||
Cash Generated from Operations | 21096113.28Z | 11,955,069,844 | |||
Finance cost | (06.974170) | (126,543,748) | |||
Income tax | (ll,82Z,38Z,ZZ8) | (2,738,424,302) | |||
Deferred revenue | (22.909.102) | 22,730,792 | |||
Staff gratuity | (23,933,833) | (33,544,401 ) | |||
Workers' welfare fund | (37,705,776) | ||||
Workers (profit) participation fund | (79,063,509) | ||||
(11,981,224,903) (2,992,550,944)
Net Cosh Generated from Operating Activities CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment
Proceeds from disposal of property, plant and equipment Long term deposits
Net Cosh Used in Investing Activities CASH FLOW FROM FINANCING ACTIVITIES
Diminishing musharakah financing repaid Profit on bank deposits received Dividend paid
Net Cosh Used in Financing Activities
Net Increase in Cosh and Cosh Equivalents
Cash and Cash Equivalents at the beginning of the year
14,114,888,384
(3,Z32,52l.120) (1,989,256,217)
18.120,000 7, 76,000
/0,000) (2,892,115)
(192,880,112)
1.270.925,705 (2/43/63.34
(185,217,610)
651,037,657
(720,489,035)
(3,714,461 120]
(1,565 617 748]
8,834,809,516
7,761,682,665
8,962,518,900
(1,974,972,332)
(254,668,988)
6,732,877,580
1,028,805,085
Cosh and Cosh Equivalents at the End of the Year 16,596,492,181 7,761,682,665
MIAN ASAD HAMEED
SAEED IQBAL KHAN
MUHAMMAD ATIF RAO