Financial Results for the Quarter Ended 2025-06-30

The General Manager,

THALINDUSTRIES

C 0 R P O R A T I O N

No. TICL/BoD/3qtr/2025

July 23, 2025

Pakistan Stock Exchange Limited, Stock Exchange Building,

Stock Exchange Road, Karachi.

Dear Sir,

We have to inform you that the Board of Directors of our Company in their meeting held on Wednesday the 23'd

July 2025 at 11.00 hours at the Lahore Office 2-D-1, Gulberg III, Lahore recommended the following:

1. (Cash Dividend, Bonus Shares, Right Shares, Any Other Entitlement/ Corporate Action, Any other Price-Sensitive Information).

2. Financial Information:

   1. Statement of Profit or Loss for the 3* Quarter ended 30-06-2025.

   2. Statement of Financial Position for the 3" Quarter ended 30-06-2025.

   3. Statement of Changes in Equity for the 3^ Quarter ended 30-06-2025.

   4. Statement of Cash Flows for the 3* Quarter ended 30-06-2025.

As at Annea- A As at Annex- B As at Annex- C As at Annex- D

The Quarterly Report of the Company for the period ended will be transmitted through PUCARS separately, within tl'e specified time.

For and on behalf of

The Thal Industries Co

tion

Yours faithfully,

Limited,

Copy to:

Offsite-II Department, Supervision Division, Securities & Exchange Commission of Pakistan,

63-NIC Building, Jinnah Avenue, Blue Area, Islamabad.

Why Thal Industries Corporation Limited | Registered Of1ice•

Head Office: Fd Pir Khurshid Colony, MuJtan.

2 D l. Gul berg HI. Lahore, Pa kis1•• Pakistan Ph: *92 iS1 6524 62 1.

Pb: +93 42 3577 1066-71 6524 675 Fas; -92 64 6524 676

Layyah Sugar Mills. I.ayyah, Salina Sugar Mills, Lu lian. Disst Pakistan Ph: •92 60 6411 95 I ' Pakistan Ph: +92 47 6610 0 I I -6

" x: •92 60 6411 284 Fay +9? 47 6610 012

• Annexture• A

Period Ended Quarter Ended

30 June 2025

Rupees

30 June 2024

Rupees

30 June 2025

Rupees

30 June 2024

Rugeey

Sales - net Cost of sales Gross profit

Distribution and selling expenses Administration expenses

Ogergting profit

Other income

37,395,768,163 20,901,469,196 12,809,418,751 8,626,974,829

(33.042.0IH,426) (17,045,944,209) (10,683,4t4J15) (8,077,630,679) 4,353,759,037 3,855,524,987 2,125,994,236 549,344,150

(1,292.343,468) (998.923,001) {378,755,974) (308.823.928) 3,061,415,569 2,856,601,986 J,747,240,262 240,520,222

307,198,274 352,009,062 I 28,361,033 78,791,494

3,368,613,843 3,208,611,048 1,875,601J95 319,311,716

Finance cost Other expenses

Profit before levies and income tax Levies

Profit before income tax Taxation- Income tex Profit for tte period

t1,634,502.453) (2.193.649,802) (531.596,788) (1,022,559,730) 1,734,111,390 1,014,961,246 1,344,004,507 (703,248,014)

(467.447,102) (104,507,346) (156,068,116) (3,786.415) 1,266,664,288 910,453,900 1,187,936,391 (707,034,d29)

(53,695,871) (274,3B5,978) (35,445,201) 18,681,328 J,212,968,4J7 636,067.922 1,152,491.190 (688,353,101)

OTHER COM PREHENSIYE INCOME-NET OF TAX

Items that may be reclassified to profit or loss Items that may not be reclassified to profit or loss:

Remeasurement of staff gratuity (loss)/gain Related impact on deferred tax

Other comprehensive income for the period

Total comprehensive income for the period

Earnings per share - basic and diluted

1,2t2,9G8,4I7

80.'74

636,067,922 1,152,d91,190

42.34 76.'71

(688,353,IOI)

(45.82)

THE THAL INDUSTRIES CORPORATION LIMITED

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (DNA UDITED) AS AT 30 JUNE 2025

(Unxxdi«d)

Revenue resent General reserve Unappropriated profit

t6#6,67,l*S

9,73O,856,%O8

Pmperry, plant and equipment Intangible sssee

Long tern deposits

7,SJ7,055,771

6, I45,980,383

I ,000

6,464,500

7,54*,S21,Z7I

6,152,445,883

LOANSFROMDMtECTORS

NONXURRENT LLWtLtTMS

Long term booo@ngs • secured

Lease liabilities - secured

SmRm cment bcwfiU - GrNNp DWomd taxaflon

478,600,000

10,209.456,$08

CURRENT LIABWITIE8

Trade and other payables Accrued markup/ profit

Short term borrovfings - secured

Current portion oFnon-euzzent liabilities Unwashed dividend warmnts

Provision for taxation

1,00J,60J,73J

911,201,091

t6,7OO.433,048

CU4REW ASGEW

Stozzs, sparc peats and loose tools Stock-in•tradc

Trade debts

Loans and advances

Short mm investments

Trade deposits, prepayments and other receivables Taxes recovereblc/ adjustable

Cuh and be bflances

I,Od3,776,097

1,657,656,109

300,4*5O8

167,5O9,656

2,2679OOg9g

1,794,0J5,06I

t,042,446,392

14,369,866,t24

2,061,855,927

I.2I5,'/69,630 5'70,123,670 t6'7,882,4S4 I, t98,542,934

I.042,I57,933

!9J$6S2IJSB

2,668,645,064

27,821.090,947

CONT/NGENCfESANDCOMMTTMENTS

26,790442,+B9 27,821.090,947

Star,

Bz1z zonJ0Se@2mhn20M

Cash dix idend @ 25% i.e ks. 2.5 per share Dircccors' loan repaid

IQ12.968,417 1512,968,417

I ,212.968,417

1,212.968,417

I,2 I 2,968,417

Tom comprehensive income for ltte Nine Months. Profi t/(Loss) for the period

iso,=zoH ss,aoo,m i,os,az‹,‹ii s,iso,sss,ioi ‹7i,soo,ooo iouos,iss,ioi

(37,558,080) (37.558,080) (37.558.080)

(478,600,000) (478,600.000)

150 2/20 93,¥00,000 T0,éd2,Z34,825 T0,906,26T,J 45 - t0,96,267,145

THE THAL INDUSTRIES CORf•ORATION LIMITED CONDENSED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED)

FOR THE PERIOD ENDED 30 TUNf 2025

Note

30 Jvoe 2025

30 June 2024

Rugees

CASH FLOWS FnOM OPERATWG ACTIVITIES

Profii before levies and income tax

Adjustments for non-cash and other items:

Depreciation Provision for gratuity

Remeasurement gain on investment at fair value through profit or loss- net Gain on disposal of property, plant and equipment

Finance cost

Worken' Profit Participation Fund (WPPF)

Workers' Welfare Fund

Ogeratiog cgsb flows before cbaagee io working cagiNl

l,734,111J90

2,151/0'sJ22

3,885,415,612

1,014,961,246

2,685,376,824

3,700,338,070

Changes in working capital Net carb used io operetioos Gratuity paid

Finance cost paid WPPF paid WWF paid

Income tax paid

Net cash used in operating activities

CASH FLOWS FROM IMESTING AMIY£TIES

l5 (14,417.466,105)

(10,7 I 7,128,035)

( I 1.757,373)

(958,95 1,925)

( I 73,845,728)

(98,524,03 T)

(I 1,960.207,092)

Long term advances

Short term investments - net

Proceeds tram disposal oFproperty, plant and equipment

(1,775,718J8}

26%708,642

8008025

(494,473,311)

1,527.800

(2,312.006,391)

6,403,3?3

Long term deposits

her casb used io iovestiog gctiviGes

CASE FLOWS FROM FINANCWG AMES

(2.999,995)

(2,801,â48,524}

Dividend paid

Net cssh generated froei financing activities

(74.06I,770J

14,313.205,290

Cash end cash equivalents st tle beginning of tfie period Cash end cash equivalents st tle end of the period

Cash end cash equivalents comprise of the following:

CahanobankbManves RunMngfnnc,

69J,533,234 J,042,l57,933 I ,f*9l,167

t,794,fl35,061

7 1 7

(448,550,326)

744.081,584

295,531,258

533,941,742

(238,4 10,484)

295,531,258