Al Shaheer : Financial Result for the Quarter Ended 2023-03-31
April 28, 2023 at 06:38 am EDT
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AL SHAHEER CORPORATION LIMITED
UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED)
FOR THE NINE MONTHS PERIOD ENDED 31 MARCH 2023
Nine months period ended
Quarter ended
31 March 2023
31 March 2022
31 March 2023
31 March 2022
--------------- Rupees in '000' ---------------
--------------- Rupees in '000' ---------------
Turnover
5,365,670
4,546,250
2,006,087
1,685,434
Cost of sales
(4,744,845)
(3,720,380)
(1,788,454)
(1,404,116)
Gross profit
620,825
825,870
217,633
281,318
Administrative and distribution costs
(898,441)
(1,035,427)
(272,158)
(392,895)
Other income / (expense) - net
854,590
284,530
555,415
90,541
Operating profit
576,974
74,973
500,890
(21,036)
Finance cost
(360,992)
(188,931)
(137,565)
(76,553)
Profit / (Loss) before taxation
215,982
(113,958)
363,325
(97,589)
Taxation
(47,923)
(20,974)
(19,069)
(6,726)
Profit / (Loss) for the period
168,059
(134,932)
344,256
(104,315)
--------------------------------------
(Rupees) --------------------------------------
Earning / (Loss) per share - Basic / Diluted
0.53
(0.45)
1.01
(0.35)
The annexed notes 1 to 12 form an integral part of these unconsolidated condensed interim financial statements.
Sd.
Sd.
Sd.
________________________
_________________
_________________________
Chief Executive Officer
Director
Chief Financial Officer
2
AL SHAHEER CORPORATION LIMITED
CONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED)
FOR THE NINE MONTHS PERIOD ENDED 31 MARCH 2023
Nine months period ended
Quarter ended
31 March 2023
31 March 2022
31 March 2023
31 March 2022
--------------- Rupees in '000' ---------------
--------------- Rupees in '000' ---------------
Turnover
5,365,670
4,546,250
2,006,087
1,685,434
Cost of sales
(4,744,845)
(3,720,380)
(1,788,454)
(1,404,116)
Gross profit
620,825
825,870
217,633
281,318
Administrative and distribution costs
(898,585)
(1,035,438)
(272,206)
(392,899)
Other income / (expense) - net
854,590
284,530
555,415
90,541
Operating profit
576,830
74,962
500,842
(21,040)
Finance cost
(360,992)
(188,931)
(137,565)
(76,553)
Profit / (Loss) before taxation
215,838
(113,969)
363,277
(97,593)
Taxation
(47,923)
(20,974)
(19,069)
(6,724)
Profit / (Loss) for the period
167,915
(134,943)
344,208
(104,317)
Attributable to
Owners of the Holding group
167,986
(134,938)
344,231
(104,315)
Non controlling interest
(71)
(5)
(23)
(2)
167,915
(134,943)
344,208
(104,317)
--------------------------------------
(Rupees) --------------------------------------
Earning / (Loss) per share - Basic / Diluted
0.53
(0.45)
1.01
(0.35)
The annexed notes 1 to 12 form an integral part of these unconsolidated condensed interim financial statements.
Sd.
Sd.
Sd.
________________________
_________________
_________________________
Chief Executive Officer
Director
Chief Financial Officer
2
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Al Shaheer Corporation Ltd. published this content on 28 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2023 10:37:28 UTC.
Al Shaheer Corporation Limited is a Pakistan-based holding company. The Company is principally engaged in trading of different kinds of halal meat, including goat, cow, chicken and fish, both for export market and local sales through chain of retail stores. The Companyâs subsidiary is Al Shaheer Farms (Private) Limited, whose principal activity is to carry on all kinds of farming, including agricultural, poultry, horticultural and dairy, and to purchase, acquire, keep, maintain, breed, sell or otherwise dispose of all kinds of cattle and other form of live stocks. It exports a full range of boneless and bone-in (halal meat) products to its customers and its abattoir are certified to export meat products to several regional markets. It exports fresh and frozen meat, and its products are processed and shipped according to safe food practices. These include beef, mutton, camel and offal. The Company has also caters local market and launched its own retail brands: Meat One and Khaas.