Siemens (Pakistan) Engg. Co. Lld.,
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
Our reference Date
Babar Aijaz
Corporate Secretariat
92(21) 32592173
babar.aijaz@siemens.com https://www.siemens.com.pk
CS/Ext/2026/ 460
January 29, 2026
Subject: Un-audited Financial Results for the Quarter Ended December 31, 2025
Dear Sir,
Form - 7
We have to inform you that the Board of Directors of our Company in their meeting held on January 28, 2026 at 2:30 p.m. (UAE time) in Dubai has approved the Un-audited Condensed Interim Financial Statements for the quarter ended December 31, 2025.
The Financial results of the Company are as follows:
Continuing operations
Three months period ended December 31, December 31,
2D25 2024
---- (Rupees in '000) -
Net sales and services Cost of sales and services Gross profit | 1,888,047 (1,645,263) 242,T84 | 1,593,178 (073,065) 620,113 |
Marketing and selling expenses | (275,816) | (219,239) |
Reversal of expected credit losses | 12,229 | 31,423 |
General administrative expenses | (52,362} | (17,634) |
(315,949) (205,450) (73,165) 414,663 | ||
Other income | 2 0 8 | 91 |
Other operating expenses | 3 9 8) 19 4 ) | |
Net other operating expenses | (1,910) (19,353) | |
Operating (loss) / profit | (75,075) 395,310 | |
Financial income Financial expenses f'tet financial income
Profit before levy and income tax from continuing operations
Levy
Profit before income tax from continuing operations
Income tax
148 6 15 58
1 0 035)
134,159 11,063
59,084 40C,373
(42,517) (31,544)
16,567 3T4,829
43,358 (5G,530)
Net profit for the period from continuing operations DiscontinFied aperations
LJet profit for the period from discontinued operations
59,925
318,299
688,334
Net profit for the period
Basic and diluted earnings per share (Rupees)
Basic and diluted earnings per share front continuing operations (Rupees)
59,925 1,006,633
T.27 122.06
7.27 38.60
Siemens (Pakistan) Engg. Co. Ltd. Corporate Secretariat
Head: Babar Aijaz
Postal address: Office address:
Siemens (Pakistan) Engg. Co. Lld. Siemens (Pakistan) Engg. Co. Ltd. B-72, Estate Avenue, B-72, Estate Avenue,
S.I.T.E., Karachi S.I.T.E., Karachi.
Karachi - 75700 Tel: 92(21) 111-077-008
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, Estale Avenue, S.I.T. E" ltarachi, Phone: UAN: 92(21) 111-077-000
Siemens (PM) Engg. Co. Ltd.,
The unaudited condensed interim financial results 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 Quarterly report of the Company for the period ended December 31, 2025 will be transmitted through PUCARS separately, within the specified time.
Yours Sincerly,
Siemens (Pakistan) Engineering Co. Limited
,'' / 'p /› " '''**
yed M ha ad hsan Gha ali
Chief Financial Officer
CC: Executive Director/HOD, Offsite-II Department, Supervision Division,
Securities & Exchange Commission of Pakistan, 63, NIC Building, Jinnah Avenue, Blue Area, Islamabad
Babar Aijaz Company Secretary
Siemens (Pakistan) Engg. Co. Ltd. Corporate Secretariat
Head: Babar Aijaz
Postal address:
Siemens (Pakistan) Enpg. Co. Ltd. B-72, Estate Avenue,
S.I.T.E., Karachi Ifarachi - 75700
Office address:
Siemens (Pakistan) Engg. Co. Ltd. B-72, Estate Avenue,
S. I.T.E., Karachi.
Tel: 02(21) 111-077-088
Siemens (Pakistan) Engg. Co. Ltd., MD: Syed Muhammad Daniyal; CFO: Syed MulJalrin ad Alfsan Ghazali; Company Secretary: Bahar Aijaz CUIN. Reg. No. 0000617; Reg. Address: B-72, Estate Avenue, S.I.T. E., KaraclJi, PlJooe: UAN: 92(21) 111-077-080
Siety›e»s (PaI‹istai1) Eltgineering Co. Ltt{.
C ondensad lnte rim Statetllent of F it•anciaI PositionAs at December 31, 2O2o
December 31, September 30,
2026 2025
(Unaudited) (Audited)
Equlty and liabilities
Share cat›itaI ancl reserves Share capital
Authorised
20,000,000 (September 30, 2025: 20,000,000) Ordinary shares of Rs 10 each
4,824,410
4,400,528
1,303,820
1,594,305
65,210
63,644
312,080
313,993
399,746
435,567
29,74s
2g,7 6
Issued, subscribed and pald-up
Note -------- (Rupees in '000) --------
200,000 200,000
8,247,037 (September 30, 2025: 0,247,Q37) Ordinary shares of Rs 10 each f2eserves | 82,470 | 82,470 | ||
Capital | 624,192 | 624,192 | ||
Revenue | 5,539,45G | 5,479,531 | ||
6,163,648 | 6,103,723 | |||
Total equity | 6,246,118 | 6,186,193 | ||
Non-cui'rent liabilities | ||||
Lease lidhilities | 384,818 | 375,483 | ||
Deferred liabilities | 800,404 | 803,753 | ||
1,194,222 | 1,173,236 | |||
Ctii ient liabllities | ||||
Trade and other payables | g | |||
CoMtracl liabililies | 9 | |||
Current portion of lease liabilities | G | |||
Provisions | 11 | |||
Taxation - net | ||||
Unclaimed divldend | ||||
6,935,020 | 6,837,783 | |||
Total llabflitles | 8,129,242 | 8,017,019 | ||
Contlngencles and commitments | 'I2 | |||
Total equity and liabilities | 14,375,360 | 14,203,212 | ||
Assets | ||||
Non-cul'rent assets | ||||
Property, plant and equlpment | f3 | 222,339 | 217,492 | |
Right-of-use assets | 14 | 457,246 | 481,442 | |
Long-term trade receivables | 15 | 80,553 | 80,455 | |
Long-tern deposit | 22,500 | 22,500 | ||
Deferred lax asset - net | 16 | 055,146 | 811,789 | |
1,637,784 | 1,613,678 | |||
Gurrentassets | ||||
Inveritoiies | IN | 1,030,360 | 1,101,469 | |
Trade receivables | 18 | 1,890,611 | 2,042,550 | |
Contract assets | 19 | 418,1sz | 4sg,1o6 | |
Loans and advances | 6,323 | 4,444 | ||
Deposits and short-tern prepaynienls | 121,190 | 111,175 | ||
Olher receivables | 20 | 2,021,7b8 | 2,080,148 | |
Cash and bank balances | 21 | 7,250,157 | G,710,589 | |
12,737,576 | 12,589,534 | |||
Total assets 14,375,360 14,203,212
The annexed notes from 31 form an integral part of these condensed interim financial statements.
Sye‹ ' "" ' ›z anlyal Managi cfor
yecl Mul› mad AI1saiJ GlJazali Chief F-inancial Officei
Ayla Majld
Dileclor
Sien ens (Pakistan) Engineering Co. Ltd.
CondeiJsed Interim StatenJelat of Profit ol' Loss (Unaudited)
For I:lte three inoitttts periocl e›tctecI Deceinl›er 31, 2020
Three months pei'iod ended December 31, December 31,
2025 2024
Colztiiluing operations
Net sales and services Cosl of sales and services Gross proflt
Marketing and selling expenses Reversal of expected credit losses General adminlslrative expenses
Olher income
Other operating expenses Net other operating expenses Operating (loss) / profit
//ote -------- (Rupees in '000) --------
22 1,808,047 1,593,178
(1,645,263) (973,065)
242,704 620,113
(276,81G) | (219,239) |
12,229 | 31,423 |
(52,362) | (17,634) |
(315,949) (205,450)
(73,165) 414,663
2,038 91
(3,348) (10,444)
(1,910) (19,353)
(75,075) 39?,310
Financial Income Financial expenses Net financial income
Profit before levy ated income tax ft'om continuing operations
Levy
Proflt before Income tax fiom contInuIig operations
Income fax
Net pt'ofit foi' the period fI'oltJ continuing operatiolls Discontinued operations
Net profit for the period from discontinued operations
23
24
25
5.1
140,569 1u,098
(14,410) (4,03")
134,159 11,063
C9,084 406,373
(42,517) (31,544)
1G,567 374,829
43,358 (5G,530) 69,926 318,299
680,334
Net profit for the pet'iod | 69,925 1,006,633 |
Basic and diluted earnings per share (Rupees) | 7.27 122.00 |
Basic and diluted earnings per share from continuing operations (Rupees) | 7.27 38.60 |
The annexed notes mom 1 to II form an integral part of lhese condensed ii1terii› financial statements.
Syetl IVlulial cf D tf Man in iFecloi
Sy I Muhai›z
hsan Gl
( Chief F-i an ial Officer
›azali
Siemens (Paltistan) Engineering Co. Ltd.
Coilcfensed Illferiin Statement of Co›ript elJetlsive Income (Unattdited)
For tlte tltree months period ei›de4 December 31, 2025
Three teonths }Jeriod eMded December 31, December 31,
2025 2024
-- (Rupees In '000) -------
Net profit for the pet'lod
Other comprehensive Income
Total comprellens lve proflt fol' the period
69,925 1,006,G33
59,926 1,006,G33
The annexed notes front 1 to 31 form an integral part of these condensed interim financial s(atemenls.
ed Muliai a‹
Man ing I
Ayla
Direc
Syed ulJalriinad AQ all GlJazall Chief Financial O(ficer
Siemens (Paf‹istatt) El gitieerittg Co. Lttl.
Condensed Interim Statemen't of Cash Flows (Unaudited)For the three months perio4 ended December 31, 2025
Three months period eizdecl | |||
December 31, | December 31, | ||
2025 | 2024 | ||
Note | - (Rupees | in '000) ---------- | |
Cash flows from opei'atlng activitles | |||
Cash generated from operations | 26 | 508,287 | 409,577 |
Financial expenses paid | (41) | (766,857) | |
Levy and income tax paid | (78,337) | (229,998) | |
Payment to Woi'l‹ers' Pi'ofi( Participation Fund (WPPF) | (12,433) | (38,436) | |
Payment to Worlters' Welfai e Funcl (WWF) (39,559) | |||
Net cash generated from / (rlsed in) operatlng activities | 417,476 | (665,273) | |
Cash flows from investing activities | |||
Capital expenditure incurred | |||
Proceeds fiom sale of property, plant and equipment | |||
Financial income Ieceived | |||
Net cash generated from investing activities | 122,132 | 63 | |
Cash flows froth financing activities | |||
Proceeds from short-term loans | 344,636 | ||
Repayments of short-term loans (3,705,800) | |||
Net cash used In financlhg activities | (3,361,264) | ||
Net increase / (decrease) in cash and cash equivalents | 539,608 | (4,025,902) | |
Cash and cash equlvalents at beginning of the period | 6,710,589 | 4,307,198 | |
Cash and cash equivalents at end of the period | 27 | 7,250,197 | 281,296 |
(26,710) | (9,509) |
2,405 | 926 |
146,445 | 9,218 |
The annexed notes from 1 to 31 form an integral |›art of these condensed iiitei ini financial statements.
/6d IVluha mail Daniyal
in 'Actor
Pag
Sye Mullai in d hsan Glzazali Chief Fin clal Officei'
Siemens(Pakstan}EmgimeermgCo.Ltd. OemdensedfntedmmStacememtofohaogesin Equity Forthethreemouths pefioñ emdedBecember34,2D25
Issued, Capital reserves F'evenue reserves subscribed Share Treasury Other General Remeesurement Accumulated i otal and paid-up premium shares capital reserves loss on defined profits
share capital reserve reserve benefit plan -net of tax
3alance as at Septernber 30, 202a- - Auditea Total comprehensive income for tne period
Nct profit for the three months period ended December 3J 2024
------- - - ------- -- - -- {Rupees in '000) -
82,470 619,325 567 4,300 .,523,026
(534,257) 701,382 5,396,813
1,006, 633 1,00o, 633
Other comprehensive income for the period 1,006,633 1,006,633
Balance as at December 31, 202°. - Unaudited
Balance es et September 30, 2025 - Audited
: otal comprehensive income for the perioci
-
-
-
59,925
59,92o
Net profit for the three months period ended December 31, 2025 Other comprehensive income for the period
82,470 619,325
8Z,470 619,325
567
567
4,300 4,523,026
4,300 4,523,026
(534,257) 4 ,708,04 5 6,403,W6
(574,290) 1,530,T95 6,196,193
59,925 s9,92?
Balance as at Decembe 31, 2025 - Unaudited
82,470 619,325
567
4,300 4,5Z3,026
(574,290) 1,590,720 6,2 . 6,118
The annexed notes from to 31 form a integral peri of these condensed interim *nzncial statements.
Mana@p§ Dec
yed Muharn a Daniya
red Muhammacl
Chief
hsan Ghazali
Officer
Ayla Majid
Director
Pace - 5