Sui Northern Gas Pipelines LimitedPSX: SNGP

Financial results for the 1st quarter accounts for the period ended september 30, 2024

· Issued by Sui Northern Gas Pipelines Limited


Sui Northern Gas

CA/PSX/ Thru: PUCARS/Courier

November 01, 2025

The General Manager,

Pakistan Stock Exchange Limited, Stock Exchange Building,

Stock Exchange Road,

KARACHI.

The Executive Director/HOD,

Offsite-II Department, Supervision Division Securities and Exchange Commission of Pakistan 63, NIC Building, Jinnah Avenue, Blue Area, ISLAMABAD.

Subject: FINANCIAL RESULTS FOR THE 15* QUARTER ACCOUNTS FOR THE PERIOD ENDED SEPTEMBER 30, 2024

Dear Sir,

Please be informed that the Board of Directors of SNGPL in its meeting held on November 01, 2025 at 02:30 p.m. at Lahore, recommended the following:

  1. Cash Dividend: NIL

  2. Bonus Shares: NIL

  3. Right Shares: NIL
  4. Any Other Entitlement / Corporate Action: NIL
  5. Any Other Price-Sensitive Information: NIL

The financial results of the Company for the 1" Quarter Accounts for the period ended September 30, 2024 are annexed, herewith, as follows:

  1. Statement of Profit / Loss for the perlod ended September 30, 2024 along with appropriations, Earning / (Loss) Per Share and comparative figures of immediately preceding corresponding period (Annex-A);

  2. Statement of Financial Position as at September 30, 2024 (Annex-B);

  3. Statement of Changes in Equity for the period ended September 30, 2024 (Annex-C); and

  4. Statement of Cash Flows for the period ended September 30, 2024 (Annex-D);

The Quarterly Report of the Company for the period ended September 30, 2024 will be transmitted through PUCARS separately, within the specified time.

Thanks and regards.

Yours sincerely,

SUI NORTHERN GAS PIPELINES LIMITED




Encls: As above.

SiGlvorll,eniG»sPipeHneskiiniied,

21-Kusunishoud,iahore,Pukisii

+0242-99082OO0-06 (IMTIAZ MEHMOOD)


SGM (Corporate Affairs) / Company Secretary



SUI NORTHERN C•AS PIPELINES LIMITED

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE PERIOD ENDED SEP 3O, R°*4

Annex A

Revenue from contracts with customers - gas sales

Add: Tariff adjustment

Revenue inclusive of tariff adjustment

Less: Cost of gas sales

Gross profit

Other income

Operating income net of cost of gas sales Operating expenses Selling cost Administrative expenses Other expenses

Net impairment loss on financial assets

Period Ended

Sep 3o, z 4 Sep 3o, zoa3

(Restated} Rupees in thousand

39*.s6s. 3 318,472,694



354›3 › 4 347›O84›445 7tl24›69* 8,9O1•746



°,s8s,132

+9,486,8s8

2,Qzg,36q

( ,681,989)





+.367,26a

*,3 7.518 47i,8o8 (9+7•683)

Operating profit

Finance cost

Profit before minimiim tax and income tax

Minimum tax differential (levy) Profit before income tax Income tax

Profit for the period

8.7"5.s96

'5›743,689

9›777›9O6

s.965.783

s.965›7 3

*› 3›*53

,z8z,6go

4›*z8,9O4

!5**57›954 g,i82,493 6,O75›46i

6i8,938 s,4s6,583 i,75°,887

3›7°5›636



Earnings per shere - basic and diluted (in Rupees) 5.*8





SIJI NORTHERN GAS PIPELINES LIMITED

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED) FOR PEWOD ENDED SE BER 2o, coup

Annex C

( Ru p e e s i o t h o u sa n d )

EQUITY

D PROFIT

EQUALIZATION

SERVE

GENERAL RESERVE



Balance as at or July uou3 (Audited) 6,34*,›67 4.*87,68z 48o,ooo 34,635,746

39,843,4 8

s,58s,s9s

Total transactions with owners, recognised directly in equity

Final dividend for the year ended June 3 , 2022

@ Rupees i 5 per share (95^,3*5)

(9S*,3*5)

(95*,325)

Total comprehensive income for the three months ended

September 3o, zoz3:

Profit for the period 3.2O5,636

Other comprehensive income for the period

3.7°s.636

3.7°s.636

3 yO5,636

3.Z°s.636°

3 Z°5,636









Balance as •t 3o Sep zo 3 (U -audited) *'34***7 4'**7› 8* 4#.339.9°*

Balance as at July or, zozq (Audited)







53,*4*,969



S7, S°.*S*

Total transactions with owners, recognised directly in equity

- Final dividend for the year ended June 3o, z

83

@ Rupees 4 s per share

( ,853›9753

(*›8S3›975) (*,803›975)

-

-

-

3.*82,63

3.28 ,630



Total comprehensive income for the three months ended September 3o, zozd:

Profit for the period

Other comprehensive income for the period







Balance as at 3o 8ep coup (Un-audited) 4•**7•68z 4 °•°°° .5 '*79'3°#



SUI NORTHERN GAS PIPELINES LIMITED

CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN-AUDITED) FOR THE PERIOD ENDED SET 3 › 2024

Annex D

Sep 3o, zoa4 Sep 3o, zo°3 (Rupees in thousand)



Cash generated from operations

Finance cost paid

Payments of lease liabilities - interest Minimum tax and income tax paid Employee benefits paid/contributions paid Increase/(decrease) in Security deposits

Receipts against government grants and consumer contributions Decrease in Long term loans to employees

Increase in long term deposits andprepayments Net cash inflow from operating activities



Payments for property, plant and equipment

Payments for intangible assets

Proceeds from disposal of property, plant and equipment

Return on bank deposits

Net cash outflow from investing activities



Proceeds from long term financing from financial institutions - secured Repayment of long term financing - unsecured

Repayment of long term financing from financial institutions - secured Payments of lease liabilities - principal

Repayment of short term borrowings Proceeds from short term borrowings Dividend paid

Net cash (outflow)/ inflow from financing activities





Net increase in cash and cash equivalents

$2,Q21, 7



9* › *3

49,6z5

(4 ltO)

i9,96z,353

(6,4 *›55*1

(i,89q,658)

3*,389,98o (8,36a, s) (g83,+73J

(2,8s , »)

(7 4,647)

(•ss,62O) 1,07 .+73

57,46o

*s8)

(6,8 5›44*3

(36,4341

33›789

(!

›773›884)

82,636

355›535

4/2,348

.s61,799



( › 7*)

f*›779› 1

(2,779›OO1)

(695.955)

(779› 3 1

(1o,ooo,ooo)

*4›4 ›

(^›7*9•*49)

(945.4 °)

(tO,2t8,goo)

2,5zg,644



Cash and cash equivalents at the beginning of the period Cash and cash equivalents ai the end of the period

Company analysis