SIEMENS
Siemens (Pakistan) Engg. Co. Ltd.,
CUIN. Reg. No. 0000617; Reg. Address: B-72, Estate Avenue, S.I.T.E., Karachi
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building Stock Exchange Road Karachi
Name Department
Telephone E-mail Internet
Your letter of Our reference Date
Babar Aijaz Corporate Secretariat
92(21) 32592173
babar.aijaz@siemens.com https://www.siemens.com.pk
CS/Ext/2025/421 July 25, 2025
Form - 7
Subject: Financial Results for the Quarter Ended June 30, 2025
Dear Sir,
We have to inform you that the Board of Directors of our Company in their meeting held on July 24, 2025 at 3:00 p.m. (Pakistan time) at Munich, Germany has approved the Un-audited Condensed Interim Financial Statements for the quarter ended June 30, 2025.
The Financial results of the Company are as follows:
Nine montlJs period ended Three months period ended
June 30, | June 30, | June 3D, | June 30, |
3025 | 2024 | 2025 | 2O24 |
- ------ -- ----- (Ru pees in "OOO) ---- | -------------- | ||
0
0
I'-let sales and services Cost of sales and services
l'v1arketing ancJ selling expenses
Reversal of / (allowance for) expected credit losses Ge neral actnainistrative expenses
6,462,110 6.5B1,964 3,168,521 1,565,414
(5,318,63B) ('.285.1T2) (2,710,384) (1,124.509) 1.143,4T2 1,296.792 45B,13T 44O,9O5
(fl44,395) | (691,800) | (274,771) | (275,O29) | |||
50,085 | 52,443 | (19,443) | 91.47T | |||
(102,639) | (22,17 3) | (47,263g |
(896,949) (713,SOS)
246,523 582.887
(316,387) (230,815)
141,750 210,0 90
0 Z 0 0
financial income
(33,120) (16,644)
213,40 3 566,2d3
(1 4 5 CO
(16,023) (S,O 39)
125.727 ' 2OS,O 51
1 6 6 9
Financial expenses (1 4 )
Net financial income
239,678 1,635
126,743 2,160
P rofit before levy and in corne tan
fro m co ntinuing aperations
Levy
453,081
(B9J29) (944.8S1)
(30,88 6)
2O7,211
8,B23
from continuing operations | 3 63.3 52 | 4Z3,O27 | 221,584 | 216,034 |
lnoome tax | (318,387) | d 1.5 12 | (35.8 55) | 5S,281 |
Profit before imcome tax
Profit for the period
from continuing operations Dis continued operations
44,965
464,539
271,315
0
from discontinued ap eration s 724,087 (2.023,4 1O)
769,052 (1 558 BE 1) | 8.762 | |||||
Basic and diluted earnings / (loss) per share (Rupees) | 9325 (189 O2) | 225Z 1 O6 | ||||
Basic and diluted earnings per share from continuing operations (Rupees) | 5.45 56.33 | Z352 32. 9O |
Page 1 of 2
SIEMENS
Siemens (Pakistan) Engg. Co. Ltd.,
The unaudited condensed interim financial results for the quarter ended June 30, 2025 as approved by the Board of Directors along with statement of Financial Position, Statement of Changes in Equity and Statement of Cash Flows of the Company are appended as Annexure A.
The report of the Company for the period ended June 30, 2025, will be transmitted through PUCARS separately, within the specified time.
Yours Sincerly,
Siemens (Pakistan) Engineering Co. Limited
Sy d Muha ad Ahs n@ azali Chief Financi 1 0 icer
Babar Aijaz Company Secretary
CC: Executive Director/HOD, Offsite-II Department, Supervision Division,
Securities & Exchange Commission of Pakistan, 63, NIC Building, Jinnah Avenue, Blue Area, Islamabad
Siemens (Pakistan) Engg. Co. Ltd. Corporate Secretariat
Head: Babar Aijaz
Postal address:
Siemens (Pakistan) Engg. Co. Ltd. B-72, Estate Avenue,
S.I.T.E., Karachi Karachi - 75700
Office address:
Siemens (Pakistan) Engg. Co. Ltd. B-72, Estate Avenue,
S.I.T.E., Karachi.
Tel: 92(21) 111-077-088
Siemens (Pakistan) Engg. Co. Ltd., MD: Syed Muhammad Daniyal; CFO: Syed Muhammad Ahsan Ghazali; Company Secretary' Babar Aijaz CUIN. Reg. No. 0000617; Reg. Address: B-72, Eslate Avenue, S.I.T.E., Karachi, Phone: UAN: 92(21) 111-077-088.
Siemens (Pakistan) Engineering Co. Ltd.
Condensed Interim Statement of Financial Position
As at June 30, 2025
June 30, September 30,
2025 2024
(Unaudited) (Audited)
Equity and liabilities
Share capital and reserves Share capital
Authorised
Note -------- (Rupees In '000) --------
20,000,000 (September 30, 2024: 20,000,000) Ordinary shares of Rs 10 each
Issued, subscribed and paid-up
8,247,037 (September 30, 2024: 8,247,037) Ordinary shares of Rs 10 each Reserves
200,000
82,470
200,000
82,470
Capital
Revenue
Total equity
Non-current liabilities
Lease liabilities Deferred liabilities Retention money
624,192 624,192
5,459,203 4,690,151
6,083,395 5,314,343 6,165,865 5,396,813
411,373 | |
735,424 | 863,634 |
105,837 |
6
7
Current liabilities
Trade and other payables Contract liabilities
Current portion of lease liabilities Short-term borrowings Provisions
Taxation - net Unclaimed dividend
1,146,797
5,496,622 | 15,175,613 |
1,563,321 | 4,105,624 |
20,665 | 20,079 |
4,000,497 | |
307,538 | 960,212 |
642,944 | 839,375 |
29,773 | 29,828 |
8
9
6
10
If
969,471
Total liabilities
Contingencies and commitments Total equity and liabilities
Assets
Non-current assets
8,060,863 25,131,228
9,207,660 26,100,699
12
15,373,525 31,497,512
Property, plant and equipment Right-of-use assets
Intangible assets
Long-term loans and frade receivables Long-term deposit
13 231,065
14 474,700
15
22,500
395,695
14,265
6,329
2,253,196
Deferred tax asset - net
Current assets
16 838,033 1,461,188
1,566,29B 4,130,673
Inventories
Trade receivables Contract assets Loans and advances
Deposits and short-(erm repayments Derivative financial instr men'
Other receivables Short-term investments
Cash and banI‹ balances
1,473,302
2,426,674
613,685
11,275
31,817
20
2,297,194
22 3,503,688
23 3,349,592
1,857,824
15,189,763
3,026,608
365,783
172,529
764,944
1,682,190
4,307,198
Total assets
The annexed notes..fro
13,807,227 27,366,839
15,373,525 31,497,512
rm an integral part of these condensed interim financial statements.
Syed I/fu a1?mad Daniyal | yed Mdha mgJ | aji | |||
Director | Chief indncial Officer | Direct |
Siemens (Pakistan) Eitgii eering Co. Ltd.
CondettseJ Interim Statement of Profit or Loss (Unaudited)
For tlte nine months period ended Juice 30, 2025
Nine months period ended Three months period ended
June 30, | June 30, | June 30, | June 30, | |
2025 | 2024 | 2025 | 2024 |
Gontinuing operations
Net sales and services Cost of sales and services Gross profit
Marketing and selling expenses
Reversal of/ (allowance for) expected credit losses General administrative expenses
Other income
Other operating expenses Net other operating expenses Operating profit
//ote ---------------------------- (Rupees in '000) -----------------------------
24 6,462,110 6,581,964 3,168,521 1,565,414
(5,318,638) (5,285,172) (2,710,384) (1,124,509)
1,143,472 ‹,2g6,z92 458,137 440,905
(844,395) | (691,800) | (274,771) | (275,029) | |
50,085 | 52,443 | (19,443) | 91,477 | |
(102,639) | (74,548) | (22,173) | (47,263) |
(096,949) (713,905) (316,387) (230,815)
246,523 582,887 141,750 210,090
1,674 6,739 1,471 221
(34,794) (23,383) (17,494) (5,260)
(33,120) (16,644) (16,023) (5,039)
213,403 566,243 125,727 205,051
Financial income Financial expenses Net financial income
25 271,988 14,871 138,161
(32,310) (13,236) (11,418)
239,678 1,635 126,743
6,393
(4,233)
2,160
Profit before levy and income tax
from continuing operations
453,081 567,878
252,470 207,211
Levy
26 (89,729) (144,851) (30,886)
8,823
Profit before income tax
from continuing operations
Income tax
Profit for the period
from continuing operations Discontinued operations
363,352 423,027
27 (318,387) 41,512
44,965 464,539
221,584 216,034
(35,855) 55,281
185,729 271,315
Net profit / (loss) for the period | |||||
front discontinued operations | 5.1 | 724,087 | (2,023,410) | - | (262,553) |
Net profit / (loss) for the period | 769,052 (1,558,871) | 185,729 8,762 | |||
Basic and diluted earnings / (loss) per share (Rupees) | 93.25 (189.02) | 22.52 1.06 | |||
Basic and diluted earnings per share from continuing operations (Rupees)
5.45 56.33
22.52 32.90
The annexed notes fro to 35 form an integral part of these condensed interim financial statements.
Syed u head Daniyal
ging Director
Syed M
mad Ahsan Ghazali
Chief Financial Officer
›ir ctor
Siemens (Pakistan) Engineering Co. Ltd.
Condensed Interim Statement of Comprehensive Income (Unaudited) For the itine months period ended June 30, 2025
Nine months period ended Three months period ended
June 30, | June 30, | June 30, | June 30, |
2025 | 2024 | 2025 | 2024 |
- - --- (Rupees in '000) ---------------------------
Net profit / (loss) for the period
Other comprehensive income
769,052 (1,558,871) 185,729
8,762
Total comprehensive profit / (loss) for the period 769,052 (1,558,871) 185,729 8,762
The annexed notes from 1 to 35 foim an integral part of these condensed interim financial statements.
,6"yed MI
Mar
ad an
Dir I r
yed Mul nj ad Ahsan Gl1azaIi
Chief Financial Officei
Ayla Majid Director
Page - 3
Siemens (Pakistan) Engineering Co. Ltd. Condensed Interim Statement of Cash Flows (Unaudited) For the nine months period ettded June 30, 2025
Nine months period ended June 30, June 30,
2025 2024
//ofe ---------- (Rupees in '000) ----------
Cash flows from operating activities Cash generated from / (used in) operations | 29 | 960,873 | (2,154,705) |
Financial expenses paid | (902,55d) | (826,430) | |
Levy and income tax paid | (526,519) | (847,647) | |
Payment to Workers' Profit Participation Fund (WPPF) | (38,269) | ||
Payment to Worl‹ers' Welfare Fund (WWF) | (39,558) | (53,281) | |
Net cash used in operating activities | (546,023) | (3,882,063) | |
Cash flows from investing activities | |||
Capital expenditure incurred | (93,494) | (165,208) | |
Proceeds from sale of property, plant and equipment | 1,901 | 6,758 | |
Proceeds from sale of business | 28 | 7,040,914 | |
Financial income received | 257,947 | 7,644 | |
Net cash generated from / (used in) investing activities | 7,207,268 | (150,806) | |
Cash flows from financing activities | |||
Dividends paid | (55) | (250,835) | |
Proceeds from short-term loans | 344,536 | 3,900,361 | |
Repayments of short-term loans | (4,345,033) | ||
Repayment of lease liabilities | (118,299) | (11,935) | |
Net cash (used in) / generated from financing activities | (4,118,851) | 3,637,591 | |
Net increase / (decrease) in cash and cash equivalents | 2,542,394 | (395,278) | |
Cash and cash equivalents at beginning of the period | 4,307,198 | (3,080,740) | |
Cash and cash equivalents at end of the period | 30 | 6,849,592 | (3,476,018) |
The annexed notes from 1 to 35 form an integral part of these condensed interim financial statements.
Syed M tham
niyal
9 Director
d Muhar ad Ahsan Ghazali Chief Financial Officer
Ayla Majid Director
Page - 4
Siemens (Pakistan) Engineering Co. Ltd. Condensed Interim Statement of Changes in Equity For the nine months period ended June 30 2O25Issued, Capital reserves Revenue reserves subscribed Share Treasury Other General Remeasurement Accumulated Total and paid-up premium shares capital reserves loss on defined profits
share capital reserve reserve benefit plan -net of tax
Balance as at September 30, 2023 - Audited Total comprehensive loss for the period
Net loss for nine months period ended June 30, 2024
- (Rupees in '000)
82,4T0 619,325 567 4,300 4,523,026 (189,710) 2.749,469 7,789,447
(1,558,871) (1,558,871)
Other comprehensive income for the period
- (1,558,871) (1,558,871)
Balance as at June 30, 202a - unaudited
Balance as at September 30, 2024 - Audited Total comprehensive income for the period
Net profit for nine months period ended June 30, 2025 Other comprehensive income for the period
82,470 619,325
82,470 619,325
567 4,300 4,523,026
567 4,300 4,523,026
(189,710) 1,190,598 6,230,576
(534,257) 701,382 5,396,813
-
769,052
769,052
- 769,052 769,052
Balance as at June 30, 2025 - Unaudited
82,470 619,325
567 4,300 4,523,026
(534,257) 1,470,434 6,165,865
The annexed notes from 1 to 35 form an in egral part of these condensed interim financial statements.
Page - 5
ivlanapng mi
red Muh d Ahsan Ghazali Chief Financial Officer
' Ayla Majid Director