report
3rd quarterly
march 31
2022
At Maple Leaf we connect black as a colour of creativity, it's poetic. As a leader we must be creative and encourage the creativity and innovation of our team members too. Nothing is purer than something completely black-a blanket of spirituality comes to mind. Maple Leaf Cement sees the world in situational shades of black rather than as a completely black and white world.
When things are in black, there is a finality and a commitment to us. As a leader our intentions must be pure, our ethics must be in check, and we must be as transparent to others in our thoughts and actions as possible. As leaders we are committed, hold firm to commitments and lead from that foundation. That commitment level makes things clearer for us from darkness.
Therefore easier for us to lead and more consistent for others resulting black consciousness which is an attitude of the mind and a way of life, the most positive call to emanate from the new corporate world because stars can't shine without darkness.
CONTENTS
CONDENSED INTERIM UNCONSOLIDATED FINANCIAL STATEMENTS
Company Information .......................................................................................... 2
Directors' Review ................................................................................................. 4
Condensed Interim Unconsolidated Statement of Financial Position .................... 8
Condensed Interim Unconsolidated Statement of Profit or Loss ....................... 10
Condensed Interim Unconsolidated Statement of Comprehensive Income ........ 11
Condensed Interim Unconsolidated Statement of Cash Flows ........................... 12
Condensed Interim Unconsolidated Statement of Changes in Equity ................. 13
Selected Explanatory Notes to the Condensed Interim Unconsolidated
Financial Statements ...................................................................................... 14
CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS
Directors' Review ............................................................................................... 29
Condensed Interim Consolidated Statement of Financial Position ...................... 30
Condensed Interim Consolidated Statement of Profit or Loss ............................ 32
Condensed Interim Consolidated Statement of Comprehensive Income ............ 33
Condensed Interim Consolidated Statement of Cash Flows ............................... 34
Condensed Interim Consolidated Statement of Changes in Equity ..................... 35
Selected Explanatory Notes to the Condensed Interim
Consolidated Financial Statements ................................................................. 36
COMPANY INFORMATION
Board of Directors
Mr. Tariq Sayeed Saigol | Chairman |
Mr. Sayeed Tariq Saigol | Chief Executive |
Mr. Taufique Sayeed Saigol | |
Mr. Waleed Tariq Saigol | |
Mr. Danial Taufique Saigol | |
Ms. Jahanara Saigol | |
Mr. Shafiq Ahmed Khan | |
Mr. Zulfikar Monnoo | |
Syed Mohsin Raza Naqvi | |
Executive Directors | |
Mr. Sohail Sadiq | Finance |
Mr. Yahya Hamid | Marketing |
Audit Committee | |
Mr. Shafiq Ahmed Khan | Chairman |
Mr. Zulfikar Monnoo | Member |
Mr. Waleed Tariq Saigol | Member |
Mr. Danial Taufique Saigol | Member |
Human Resource & Remuneration Committee
Mr. Shafiq Ahmed Khan Mr. Zulfikar Monnoo
Mr. Danial Taufique SaigolChief Financial Officer Syed Mohsin Raza Naqvi
Company Secretary
Mr. Muhammad Ashraf
Chief Internal Auditor
Mr. Zeeshan Malik Bhutta
Bankers of the Company
Allied Bank Limited
Chairman Member Member
Askari Bank Limited Bank Alfalah Limited Bank Al-Habib Limited BankIslami Pakistan Limited Albaraka Bank (Pakistan) Limited Dubai Islamic Bank Limited Faysal Bank Limited
FINCA Microfinance Bank Limited Habib Bank Limited
Habib Metropolitan Bank Limited MCB Bank Limited
MCB Islamic Bank Limited Meezan Bank Limited National Bank of Pakistan
2Maple Leaf Cement Factory Limited
PAIR Investment Company Limited Samba Bank Limited
Silk Bank Limited Soneri Bank Limited
Standard Chartered Bank (Pakistan) Limited Summit Bank Limited
The Bank of Punjab
U Microfinance Bank Limited United Bank Limited
Auditors
KPMG Taseer Hadi & Co. Chartered Accountants
351 Shadman-1, Jail Road, Lahore, Pakistan. Tel: +92 42 111-KPMGTH (576484)
Fax: +92 42 37429907
Legal Adviser
Mr. Abdul Rehman Qureshi Advocate High Court
Registered Office
42-Lawrence Road, Lahore. Phone: +92 42 36278904-5 Fax: +92 42 36368721
E-mail:mohsin.naqvi@kmlg.com
Factory
Iskanderabad, District: Mianwali Phone: +92 459 392237-8
Call Centre (24 / 7)
0800-41111
Share Registrar
Vision Consulting Ltd
Head Office: 3-C, LDA Flats, First Floor, Lawrence Road, Lahore
Phone: +92 42 36283096-97
Fax: +92 42 36312550
E-mail:shares@vcl.com.pk
Company Websitewww.kmlg.com
Note
MLCFL's Financial Statements are also available at the above website.
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Maple Leaf Cement Factory Limited published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 05:09:08 UTC.