Lahore: Service Industries Limited has released its unconsolidated condensed interim financial statements for the half-year ending June 30, 2025. The financial review, conducted in accordance with the International Standard on Review Engagements 2410, indicates that the company’s financials align with Pakistan’s interim reporting standards. The financial report, however, is limited to a review rather than a full audit.

The report reveals additions during the period in several asset categories, including buildings on freehold land, plant and machinery, furniture, fixtures, fittings, vehicles, and service equipment. The total cost of these additions stood at 199.20 million. Notably, vehicles saw a substantial investment, with an outlay of 95.27 million.

The period also witnessed disposals and adjustments in asset categories such as freehold land, plant and machinery, and vehicles. The accumulated depreciation on these disposals, however, reduced the book value of disposals to 7.20 million from a higher initial cost.

Capital work-in-progress recorded a marked focus on buildings on freehold land and advances against vehicle purchases, amounting to 33.85 million. This reflects a strategic investment approach towards infrastructural and vehicular enhancements.

Long-term investments remain significant, with investments in subsidiary companies maintained at a cost of 14.13 billion. Meanwhile, other investments noted a decline, with a current valuation of 43.80 million, indicative of market movements.

According to information available from the Pakistan Stock Exchange (PSX), Service Industries Limited is classified under the designated market category of manufacturing. The company’s strategic financial maneuvers, including both investments and disposals, are indicative of its ongoing efforts to align its asset portfolio with its broader business objectives.