Date: September 26, 2022
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building
Stock Exchange Road
Karachi.
Financial Results for the Year Ended June 30, 2022
Dear Sir,
We have to inform you that the Board of Directors of our Company in its meeting held on Monday, September 26, 2022 at 12:00 noon at 20th Floor, Sky Tower - East Wing, Dolmen City, HC-3, Abdul Sattar Edhi Avenue, Clifton Block 4, Karachi, recommended the following:
1) | Cash Dividend: | Nil |
2) | Bonus Shares: | Nil |
3) | Right Shares: | Nil |
4) | Any Other Entitlement: | Nil |
The financial results of the Company are attached.
The Annual General Meeting of the Company will be held on October 24, 2022 at 11:00 a.m. at Karachi.
The Annual Report of the Company will be transmitted through PUCARS at least 21 days before of holding of Annual General Meeting.
Yours truly,
Danish Qazi
Company Secretary
TPL TRAKKER LIMITED
UNCONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED JUNE 30, 2022
2022 | 2021 | ||
Note | Rupees | ||
Turnover - net | 35 | 2,106,468,500 | 1,886,241,808 |
Cost of sales and services | 36 | (1,360,234,223) | (1,280,126,555) |
Gross profit | 746,234,277 | 606,115,253 | |
Distribution expenses | 37 | (105,861,119) | (97,174,335) |
Administrative expenses | 38 | (359,924,460) | (319,069,004) |
Operating profit | 280,448,698 | 189,871,914 | |
Research and development expenses | 39 | (77,654,755) | (77,725,874) |
Finance costs | 40 | (326,958,014) | (389,542,836) |
Other income | 41 | 210,638,359 | 191,100,087 |
Profit / (loss) before taxation | 86,474,288 | (86,296,709) | |
Taxation | 42 | 110,640,723 | (33,905,584) |
Profit / (loss) for the year | 197,115,011 | (120,202,293) | |
Other comprehensive income / (loss) | |||
Fair value gain on equity instruments designated at fair | |||
value through other comprehensive income (FVTOCI), net of tax | - | 77,760,820 | |
Total comprehensive income / (loss) for the year | 197,115,011 | (42,441,473) | |
Earnings / (Loss) per share - basic and diluted | 47 | 1.05 | (0.64) |
The annexed notes from 1 to 50 form an integral part of these unconsolidated financial statements.
CHIEF EXECUTIVE OFFICER | CHIEF FINANCIAL | DIRECTOR |
OFFICER |
TPL TRAKKER LIMITED
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED JUNE 30, 2022
2022 | 2021 | ||
Note | Rupees | ||
Turnover - net | 35 | 2,342,487,424 | 2,111,257,155 |
Cost of sales and services | 36 | (1,533,007,129) | (1,403,962,878) |
Gross profit | 809,480,295 | 707,294,277 | |
Distribution expenses | 37 | (106,802,560) | (97,174,335) |
Administrative expenses | 38 | (582,262,449) | (523,388,310) |
Operating profit | 120,415,286 | 86,731,632 | |
Research and development expenses | 39 | (77,654,755) | (77,725,874) |
Finance costs | 40 | (327,329,012) | (389,684,205) |
Other income | 41 | 196,791,247 | 305,673,837 |
Loss before taxation | (87,777,234) | (75,004,610) | |
Taxation | 42 | 110,640,723 | (33,905,584) |
Profit / (loss) for the year | 22,863,489 | (108,910,194) | |
Items that are or may be reclassified subsequently to profit or loss | |||
account: | |||
Exchange differences on translation of foreign subsidiary | (62,057,632) | 12,436,352 | |
Total comprehensive loss for the year | (39,194,143) | (96,473,842) | |
Profit / (loss) attributable to: | |||
Owners of the Parent Company | 113,642,532 | (58,346,036) | |
Non-controlling interest | (90,779,043) | (50,564,158) | |
22,863,489 | (108,910,194) | ||
Total comprehensive income / (loss) attributable to: | |||
Owners of the Parent Company | 82,613,716 | (52,127,860) | |
Non-controlling interest | (121,807,859) | (44,345,982) | |
(39,194,143) | (96,473,842) | ||
Earnings / (Loss) per share - basic and diluted | 48 | 0.61 | (0.31) |
The annexed notes from 1 to 50 form an integral part of these consolidated financial statements.
________ | ____ | |
CHIEF EXECUTIVE OFFICER | CHIEF FINANCIAL | DIRECTOR |
OFFICER |
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TPL Trakker Limited published this content on 26 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 September 2022 11:04:09 UTC.