TPL Trakker : Financial Results for the year ended June 30, 2022

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