Date: February 25, 2023

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi.

SUBJECT: FINANCIAL RESULTS FOR THE HALF-YEAR ENDED 2022-12-31

Dear Sir,

We have to inform you that the Board of Directors of our Company in its meeting held on Saturday, February 25, 2023 at 11:00 a.m. at 20 Floor, Sky Tower-East Wing, Dolmen City, HC-3, Block 4, Abdul Sattar Edhi Avenue, Clifton, 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 Half-Yearly Report of the Company for the period ended December 31, 2022 will be transmitted through PUCARS separately.

Yours truly,

Danish Qazi

Company Secretary

TPL TRAKKER LIMITED

CONSOLIDATED CONDENSED INTERIM

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (UNAUDITED)

FOR THE SIX MONTHS PERIOD ENDED DECEMBER 31, 2022

Six months period ended

Three months period ended

December 31,

December 31,

December 31,

December 31,

2022

2021

2022

2021

Rupees

Turnover - net

1,334,783,852

1,085,222,011

697,937,822

558,411,352

Cost of sales and services

(856,428,599)

(712,008,458)

(429,173,031)

(375,414,551)

Gross profit

478,355,253

373,213,553

268,764,791

182,996,802

Distribution expenses

(64,590,113)

(51,180,675)

(32,221,908)

(25,774,665)

Administrative expenses

(299,071,316)

(289,647,185)

(163,783,675)

(161,582,052)

Operating profit / (loss)

114,693,824

32,385,693

72,759,208

(4,359,915)

Research and development expenses

(42,117,163)

(37,747,372)

(20,345,774)

(18,602,429)

Finance costs

(249,971,703)

(147,172,671)

(136,575,237)

(81,034,202)

Other income

136,032,185

91,650,640

93,424,469

91,071,194

Profit / (loss) before taxation

(41,362,857)

(60,883,710)

9,262,666

(12,925,351)

Taxation

(15,010,688)

(70,103,599)

530,642

(55,361,813)

Profit / (loss) for the period

(56,373,545)

(130,987,309)

9,793,308

(68,287,164)

Items that are or may be reclassified subsequently to profit or loss account:

Exchange differences on translation of foreign subsidiary

(61,096,950)

37,155,766

3,251,292

59,704,096

Total comprehensive (loss) / income for the period

(117,470,495)

(93,831,543)

13,044,600

(8,583,068)

Profit / (loss) attributable to:

Owners of the Parent Company

(29,014,172)

(100,321,437)

19,071,510

(46,827,791)

Non-controlling interest

(27,359,373)

(30,665,872)

(9,278,202)

(21,459,374)

(56,373,545)

(130,987,309)

9,793,308

(68,287,165)

Total comprehensive income / (loss) attributable to:

Owners of the Parent Company

(59,562,647)

(44,587,788)

20,697,156

20,180,023

Non-controlling interest

(57,907,848)

(49,243,755)

(7,652,556)

(28,763,092)

(117,470,495)

(93,831,543)

13,044,600

(8,583,069)

Earnings / (loss) per share - basic and diluted

(0.15)

(0.54)

0.10

(0.25)

The annexed notes from 1 to 13 form an integral part of these consolidated condensed interim financial statements.

__________________________

CHIEF EXECUTIVE OFFICER

CHIEF FINANCIAL OFFICER

DIRECTOR

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TPL Trakker Limited published this content on 27 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 February 2023 04:30:02 UTC.