Lahore: Data Agro Limited, in its board meeting held on February 26, 2025, approved the financial results for the half-year period ending December 31, 2024. The meeting, convened at the Polo Residence in Lahore, resulted in the board's decision to declare no interim cash dividend, bonus shares, right shares, or any other entitlements for the period under review.

The enclosed financial statements, as per Notice # PSX/N-062 dated January 10, 2025, include the Condensed Interim Statement of Financial Position, Statement of Profit or Loss, Statement of Comprehensive Income, Statement of Changes in Equity, and Statement of Cash Flow, all of which remain unaudited. These documents are set to be made available on the PUCAR platform and the company's official website, www.dataagrolimited.com, in due course.

According to the financial position, the total assets of Data Agro Limited as of December 31, 2024, stand at 642.93 million rupees, up from 512.09 million rupees as of June 30, 2024. The non-current assets, including property, plant, and equipment, are valued at 220.64 million rupees. Meanwhile, current assets, such as stock in trade and trade debts, total 422.29 million rupees.

The company's equity and liabilities include an authorized share capital of 50.00 million rupees, with issued, subscribed, and paid-up capital remaining at 40.00 million rupees. The unappropriated profit has decreased from 89.75 million rupees in June 2024 to 67.25 million rupees by the end of December 2024. According to information available from the Pakistan Stock Exchange (PSX), the surplus on revaluation of property, plant, and equipment remains consistent at 24.38 million rupees.

Non-current liabilities amount to 57.36 million rupees, while current liabilities, including trade and other payables, short-term borrowings, and provisions for taxation, total 305.85 million rupees. The company's total equity and liabilities are reported at 642.93 million rupees.

Data Agro Limited operates within the designated market category, focusing on asset management and financial reporting. The financial review, including the unaudited interim statements, provides a comprehensive overview of the company's financial health for stakeholders and potential investors.