HIGHNOON LABORATORIES LIMITED Innovate to
Accelerate
Un-audited
Financial Statements
For the Half Year
Ended 30 June 2023
CONTENTS
Company Information | 3 | |
Directors' Report | ٹ�ر�وپررئا��ز�ڈ�ٹری | 4-5 |
Independent Auditor's Review Report | 6 | |
Condensed Interim Un-consolidated Financial Statements | 7 | |
- Condensed Interim Un-Consolidated Statement of Financial Position | 8-9 | |
- Condensed Interim Un-Consolidated Statement of Profit or Loss | 10 | |
- Condensed Interim Un-Consolidated Statement of Comprehensive Income | 11 | |
- Condensed Interim Un-Consolidated Statement of Cash Flows | 12-13 | |
- Condensed Interim Un-Consolidated Statement of Changes in Equity | 14 | |
- Notes to the Condensed Interim Un-Consolidated Financial Statements | 15 | |
Condensed Interim Consolidated Financial Statements | 27 | |
- Condensed Interim Consolidated Statement of Financial Position | 28-29 | |
- Condensed Interim Consolidated Statement of Profit or Loss | 30 | |
- Condensed Interim Consolidated Statement of Comprehensive Income | 31 | |
- Condensed Interim Consolidated Statement of Cash Flows | 32-33 | |
- Condensed Interim Consolidated Statement of Changes in Equity | 34 | |
- Notes to the Condensed Interim Consolidated Financial Statements | 35 | |
2 Highnoon Laboratories Limited
Innovate to Accelerate
We believe in taking risks and embracing change. We're constantly leveraging modern technologies, creating differentiated offerings, pushing the boundaries of what's possible and seeking new ways to accelerate our progress.
Innovation breeds progress and growth. And we're determined to create a culture of creativity and collaboration to encourage our people to think outside the box and embrace new ideas.
At every step, we remind ourselves that these innovations are not only for our profitability. We also have to make a positive impact on the world. Whether it's supporting local communities, reducing our environmental footprint, or promoting ethical business practices, we are making a meaningful difference through our Environmental Social Governance program.
So let us embrace innovation and all that it represents. Let us be bold, daring, curious and creative and use our passion to strive for a brighter future. For with innovation, anything is possible, and possibilities are limitless.
Dr. Adeel Abbas
Chief Executive Officer
COMPANY INFORMATION
Q2 Report 2023 3
Board of Directors
Mr. Tausif Ahmad Khan
Chairman
Dr. Adeel Abbas Haideri
Chief Executive Officer
Mr. Ghulam Hussain Khan
Director
Mr. Taufiq Ahmed Khan
Director
Mr. Romesh A.I.Elapata
Director
Mrs. Zainub Abbas
Director
Mrs. Nael Najam
Director*
*Ms. Nael Najam resigned on 19 December 2022 and was replaced by Mr. Tariq Wajid on 24 February 2023
Chief Financial Officer
Mr. Ashfaq P. Alidina Tel : +92 42 3751 1953 Email : ashfaq.alidina@highnoon.com.pk
Company Secretary
Ms. Mahnoor Ather Tel: +92 42 35158051 Email: mahnoor.ather@highnoon.com.pk
Bankers
Habib Bank Limited
United Bank Limited
J.S. Bank Limited
Allied Bank Limited
Habib Metropolitan Bank Limited
Meezan Bank Limited
MCB Bank Limited
Registered Office and Plant
17.5 Kilometer Multan Road,
Lahore - 53700, Pakistan
UAN : +92 42 111 000 465
Fax : +92 42 3751 0037 E-mail : investor.relations@highnoon.com.pk Web : www.highnoon-labs.com
Corporate Office
901-9th floor, Tricon Corporate Center 73-E, Jail Road, Lahore UAN : +92 304 111 0465
Ph : +92 42 35158051 - 2
Legal Advisor
Raja Muhammad Akram &
Company
Tax Advisor
Yousuf Islam & Associates
Auditors
EY Ford Rhodes Chartered Accountants
Shares Registrar
Corplink (Pvt.) Ltd.
Wings Arcade,
1-K Commercial,
Model Town, Lahore.
Tel : +92 42 3591 6714, 3591 6719
Fax : +92 42 3586 9637
Audit Commitee
Mrs. Nael Najam*
Chairperson
Ms. Zainub Abbas
Member
Mr. Ghulam Hussain Khan
Member
* resigned on 19 December 2022
Human Resource and Remuneration Committee
Mrs. Nael Najam*
Chairperson
Mrs. Zainub Abbas
Member
Dr. Adeel Abbas Haideri
Member
*resigned on 19 December 2022
Management Committee
Dr. Adeel Abbas Haideri | Chairman |
Chief Executive Officer | |
Mr. Ashfaq P. Alidina | Member |
Chief Financial Officer | |
Mr. Sajjad Hafeez Butt | Member |
Chief Operating Officer | |
(Technical) | |
Mr. Azfar Abbas Haideri | Member |
Chief Commercial Officer | |
Mr. Zulfiqar Zaidi | Member |
Director HR and Strategic | |
Planning | |
Mr. Shahnawaz Baig | Member |
Group Director | |
Commercial Excellence | |
I.T. Steering Committee | |
Dr. Adeel Abbas Haideri | Chairman |
Chief Executive Officer | |
Mr. Ashfaq P. Alidina | Member |
Chief Financial Officer | |
Mr. Sajjad Hafeez | Member |
Chief Operating Officer | |
(Technical) | |
Mr. Ali Ahmed Sarwar | Member |
Chief Information Officer | |
Mr. Taufiq Ahmed Khan | Member |
Director |
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Highnoon Laboratories Ltd. published this content on 04 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 September 2023 08:55:06 UTC.
