Company Declares Final Cash Dividend Amidst Significant Asset Growth

Karachi: The Board of Directors of a prominent company convened on August 4, 2025, at Adamjee House, Karachi, to announce the financial results for the fiscal year ending June 30, 2025. A final cash dividend of Rs. 3.5 per share was recommended, bringing the total dividend for the year to Rs. 7 per share. This declaration follows a previously issued interim dividend of the same amount, with no bonus or right shares announced.

The Annual General Meeting is scheduled for October 28, 2025, in Karachi, with the entitlement paid to shareholders listed in the Register of Members by October 21, 2025. Share transfer books will be closed from October 22 to October 28, 2025.

The company's financial statements reveal notable growth in assets. Non-current assets saw a very large or significant move, rising to 3.30 billion Rupees from the prior year's 2.23 billion Rupees. Investment in associates contributed substantially to this increase, with figures surging to 2.85 billion Rupees from 1.79 billion Rupees. Current assets also experienced a very large or significant move, escalating to 1.72 billion Rupees from 1.04 billion Rupees, driven by a significant rise in cash and bank balances.

According to information available from the Pakistan Stock Exchange (PSX), total equity and reserves climbed to 3.28 billion Rupees, showing a very large or significant move from 1.95 billion Rupees in the previous year. Revenue reserves from unappropriated profits were a major factor, marking a very large or significant move to 2.22 billion Rupees.

Liabilities also increased, with non-current liabilities experiencing a moderate move to reach 145.50 million Rupees. Current liabilities recorded a big move, escalating to 1.60 billion Rupees, primarily due to trade and other payables.

The company's total assets amounted to 5.02 billion Rupees, reflecting a very large or significant move from 3.27 billion Rupees the previous year. The financial results, including the Statement of Financial Position, Statement of Changes in Equity, and Statement of Cash Flows, are available as annexures.

The company plans to transmit its annual report for the period ending June 30, 2025, via PUCARS within the stipulated timeframe.