S§:tbtttur‹lJ G ‹lr ¿f8iIIs ;iktb
.....
SMS/SHRS/1 2
The General Manager,
Pakistan Stock Exchange Limited, Stock Exchange Building, KARACHI
RE: FINANCIAL RESULTS FOR THE PERIOD ENDED IUJiE 30 202S.
Dear Sir:
July 23, 2025
We have to inform you that Board of Directors of our Company in their meeting held at 11.00 a.m. on July 23, 2025 recommended the following:
CASH DIVID- END
An Interim Cash Dividend for the period ended June 30, 2025 @ Rs 7 00 per share i.e. 70%. This is in addition to Interim Dividends has already been paid at Rs,7.00 per share i.e.70%.
BONUS ISSlIE-
It has been recommended by the Board of Directors to issue Bonus Shares in the proportion of 0 share(s) for every 0 shares held i.e. 0 %. This is in addition to the Interim Bonus Shares already issued @ 0%.
RIGHT SHARES'
The Board has also recommended to issue 0 % Right Shares at par/at a discount/ premium of Rs.0 per share in proportion of 0 share(s) for every 0 shares. The entitlement of Right Shares being declared simultaneously will be/will not be applicable on Bonus Shares as declared above.
ANY OTHER ENTITLEMENT/CORPORATE ACTION N I L
(v ) ANY OTHER PRICE SENSITIVE INFORMATION N I L
The financial results of the Company for the period ended June 30, 2025 along wlth Statement of Financial Position, Statement of Changes in Equity and Statement of Cash Flow are annexed herewith.
The Shares Transfer Book of the Company will be closed from 06-08-2025 to 08-08-2025 (both days inclusive). Transfers received in order at the Registrar's Office of the company i.e. M/s. C&K Management Associates (Private) Limited, M-13, Progressive Plaza Civil Line Quarter, Near P.I.D.C. Beaumont Road, Karachi-75530.by the close of business on 05-08 2025 will be treated in time for the purpose of transfer/ entiHement.
The Quarterly Report of the Company for the period ended June 30, 2025 will be transmitted through PUCARS separately, within the specified time.
cour s Aithfully
or tH AGAR MILLS LIMITED,
M. YASINMUGHAL
COMPANY SECRETARY
c.c. to
The Securities & Exchange Commission of Pakistan,
Enforcement Department, NIC Building, 63, Jiniiah Avenue, Blue Area, ISLAMABAD
c.c. to: ALL THE DIRECTORS
Encl: As stated
SHAHMURAD SUGAR MILLS LIMITED
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS fUN-AUDITED) FOR THE NINE MONTHS PERIOD ENDED }UNE 30, 2025
fleetated Restated
For the nine months October 01 to June 30 | |
2025 | 2024 |
I-or the Quarter April 01 to June 30 | |
2025 | 2024 |
Note
(148,762) (359,62T) (8#79J) | (B1,508) (355,048) (56,244) |
(59,477) (103,625) ‹zs,aos› | (V3Z3) (101949) |
- -------•--- Rupeee in thousand ---- --•---
Sales Cost of sales | 8 | 17,001,496 {15,1I5JI6) | l8,7d1,885 (16,763,408) | 6,0g5,205 {5,354,5B6) | 7,810,970 ('Z,207,438) | ||||||
Gross pro£it | 1,885,g8o | 1,978,477 | 660,6Z9 | 603,532 | |||||||
Profit front trading activities | 2,076 | ||||||||||
1,890,353 | 1,980,553 | 660,619 | 603,532 | ||||||||
Distribtition cost | |||||||||||
Adntinistrafive expenses | |||||||||||
Other expenses | |||||||||||
(59I#50) | (41800) | (379,40N | (101,60J) | ||||||||
Operating profit | 1299,123 | 1,507,753 48T,212 501,931 | |||||||||
Other income | 438,550 | 43t,422 | |||||||||
1,737,673 | t,939,175 | 532,725 | 562,584 | " | |||||||
Finance coet | (582,893) | (l,368J19) | ' | t191,7tfl | (600,225) | ||||||
Profit /(1oasl befo*e levies and income tax | 1,154,780 | 5/1,056 | 320,97B | (37,64J) | |||||||
Levy -mfiMmum ax
Profi booe loss ucoe ax
Taxahon
-Cumnt
(213,87J)
(l10,8T6)
940,907
(2M,420)
(75,682)
3@,606
(98W5BI
W2120
(87,401)
(tJ,077j
(125,042)
-Deeed | (lTT,799) | (6,753) | 88,301 | (4,75Z) | ||||
(288,675) | (82,t35) | (t5,834) | ||||||
Profit /(loss) for the perlod | 652,232 | 2B4,201 | 293,974 | (140,B76) | ||||
Bamiztg / (toaa) per ahaze-BaeTe aztd dituted - Rugeee | 30.88 | 13.t6 | 23.92 | (6.6/ |
The annexed notes from 1 to 16 form an integral part of these condensed interim financial statements.
ASADAWMEDh4OWEUUOI
D1?CIO
ZAIDZAKAIlIA 'Ch fWxancMOfdcer
SHAHMURAD SUGAE MILLS LIMITED CONDENSTiD INTERIM STATEMENT OF FINANCIAL POSITION
AS AT JUNE 30, 2025
AssETS
NON DURREE ASSBTS
Note
Un-Audlted Audited I-e September 2025 2024
(Rupees in thousand)
rQUM ID MBt£IT1ES SHARB TTA£ AND RESERVES
AuioñsedCapi‹1 25,0OO00Oor‹tnayshaiesofRa10each
Issued, subscribed anH paid-up capital Revenue reserve
Central reserve Unappropriated profit
Share of associate's unrealized loss on re-measurement or
its investment at fair value through other comprehensive income Revaluation surplus on property, plant and equipment
NONCUREENTLIABAITIES
Longiermfin:mring ' '
Drlenediaxahon
1,462,201 | I,259,V30 |
96,708 | t38,678 |
6,112,326 | 5,575,592 |
27,190 | 24,288 |
78,223 | yg,223 |
61,393 |
CURRENT LIABILITIES
12674,911
Property, plant and equtpment Intangible asset | 10,TT0,T37 | |||
lojng term inveehnent in associate | - | 1,208 | ||
Long term loane to employees | 1,352 | 1,428 | ||
long term deposits | 3,65e | 3,149 | ||
10,4Z8,844 | ,7?'6,522 | |||
Stores, space parta and loose foots | M6,91 | 5I4,0t6 | ||
Sfock-in-trade | 5,443,492 | |||
T‹adedebb | l,169,023 | 778,139 | ||
. bans and advances | 6t t,5t6 | |||
Trede deposits and short term pcepay-meet | 8999 | 2,090 | ||
Other receivables | Z4,592 | |||
Short term investment . | 523,7£iS | 2,824,31?' | ||
Income tax refundabl>Net | ||||
Cash and back balances | 4J2OT8 | 8t0,8t2 |
15,103,755
250,000
211 l8Z
80,000
8,039,176
(l,99l)
3896426
20,956 | 260,431 |
2,894463 | 2,7t646t |
' )2224898
3,102,219
tJ,058,97'4
21,835,496
250,000
211,t8?'
80,000
7,39#922
(1,991)
4,038,379
11,720,497
2,976,895
Tracce and other payables Accrued finance cost | ||||
Short term borrowings | ||||
Uncla inted dividend | , | |||
Curren I portion ct long term financing | ||||
Income tax provision-net of payments | ||||
CONWN€ENCWSANDCOMMMMRMTS | 7,t38, t04 |
23,103,755 21,835,496
The annexed notes from 1 to 16 form an integral part o£ these condensed interim financial
zip zxxani
Man agin g Director 4c CEO
ASADAHMEDMOHIUDDIN
Dircoor
AID¥AKARIA
SHAHMURAD SUGAR MILLS LIMITED
CO]'4DENSED INTERIM STATEMENT OP CASH FLOWS {UN-A ITED) FOR THE NINE MONTHS PERIOD ENDED JUNE 30, 20252025 2024
(Rupees in thousandl
A. CASH FLOWS FROM O GRATING ACTIVWlfiS
Profit before income tax and levies Adjustment for :
Depreciation on property, plant and equipment
Main on disposal of property. plant and er{uipmen*
Finance cost
Decrease I(tncreaeel in current aseets Stores, spere parts and loose tools Stok in trade
Trade debts
Loaris and advances
Grade deposits and short term prepayments Other receivnbles
tDecreaee) / increase in current liabilttiee Trade and other payables
Decrease/ (innease) in long term. loan to employees (Increase) in long term deposits
Levies and income tax pa*d
Finance-cost paid .
I,l5â,780 571,056
408,857 | 4I6,'532 |
‹son› | «s‹) |
582,893 | t,368,1t9 |
991,24G 1,784,170 2,146,026 2,3»?,226
(22,g28) | (78,62i) |
t2,S28,960) | (6,320,590) |
{390,8841 | (H5,24'5) |
t1,340,078) | (878,044) |
16,909) | (7,758) |
58,273 | 90,072 |
(4,231,476) (7,830,186}
202,271 (316,329)
(188i179) (5,79L289)
96 | (l2Z) |
50g | |
(469,591) | (242,t TB) |
(624,863) | (639,304) |
Net cash (outflows) from operating activities | (2,978,046} | (6,872,834) | |||
B. CASH PLOWS FROM INVESWNG AMIVITIES | |||||
Additions in property, plant and equipment | (61,158) | (327,469) | |||
Sale proceeds from disposal of property, plant and equipment Net cash Ioutflows) from inveeting activities | 896 t60,262} | 946 (326,5U) | |||
C. CASH FLOWS -ROM FINANCING ACTIVITIES |
Itepayment of long term financing Loan repaid to related parties Short term borrowings - net Dividend paid '
Net ez sh innows from financing activities
Net tdeccease) in cash and cash equivalent {A+BE) Cash and cash equivalent at the beginning of the period Caeh and cach equivalent at the end of the pen od
Cas}t and cash equivalent comprise:
Cash and bank balances
Short term investment
Short term borrowings - running finance
(52,475) | (202,474) |
-(8,032) | |
t50,000 | 5,1J8,?'79 |
(144,929) | (420,40Z) |
. 252,596 4,617,866
3,567,537 5,069,470
781,825 2,487,979
122,328
523,763
(754,3T6)
78t,825 2,487,9Z9
be annexed notes from 1 to 16 form an integral part of these c‹anclensed interim financial statements.
ZZA ZAEARIA
Managing Director & CEO
ASAD AHMED MOHIUDDIN
Director
RAID ZAKARIA
Chief Financial Officer