Rawalpindi: National Refinery Limited announced its financial results for the year ended June 30, 2025, with the Board of Directors deciding against issuing any cash dividends, bonus shares, or right shares. The announcement was made following a board meeting held on August 11, 2025, at POL House in Rawalpindi.
The company's annual general meeting is scheduled for September 30, 2025, in Karachi, with share transfer books remaining closed from September 23 to September 30, 2025. The financial statements reveal an increase in total assets, now valued at 149.50 billion, compared to 103.17 billion the previous year.
National Refinery Limited's non-current assets have witnessed a big move, primarily in property, plant, and equipment, now standing at 67.88 billion, up from 23.56 billion in 2024. Deferred taxation also experienced a very large or significant move, increasing to 15.88 billion from 10.93 billion.
Current assets, however, saw a moderate move, decreasing to 64.95 billion from 67.86 billion. This was largely influenced by a reduction in stock-in-trade, which decreased to 29.44 billion from 49.72 billion. Trade receivables, on the other hand, experienced a very large or significant move, rising to 17.76 billion from 9.86 billion.
According to information available from the Pakistan Stock Exchange (PSX), the company's share capital remains unchanged at 799.67 million, while reserves have undergone a very large or significant move, decreasing from 18.42 billion to 3.38 billion. The revaluation surplus on leasehold land is currently at 46.13 billion.
Liabilities have shown a big move, increasing to 99.18 billion from 83.96 billion. Notably, long-term borrowing stood at 11.25 billion, and trade and other payables saw a moderate move, rising to 36.15 billion from 29.00 billion.
This detailed financial disclosure provides a comprehensive view of National Refinery Limited's position as of June 30, 2025, reflecting a period of substantial changes across various financial components.