Page 14 - Interim Financial Report for three months period ended September 30, 2022

Condensed Interim Statement of Profit or Loss (Unaudited)
For the three months ended September 30, 2022

Three months ended
Note Sep 30, 2022 Sep 30, 2021
Rupees (’000)
SALES 17,144,720 13,036,599
Sales tax (1,111,700) (1,894,700)
Excise duty (56,619) (64,567)
NET SALES 15 15,976,401 11,077,332

Operating costs 16 (2,109,485) (2,013,967)
Royalty (1,774,372) (1,173,337)
Amortisation of development and
decommissioning costs 17 (503,196) (773,954)
(4,387,053) (3,961,258)
GROSS PROFIT 11,589,348 7,116,074
Exploration costs 18 (4,526,212) (450,675)
7,063,136 6,665,399

Administration expenses (123,829) (66,115)
Finance costs - net 19 (2,835,418) (1,462,406)
Other charges 20 (492,498) (415,715)
(3,451,745) (1,944,236)
3,611,391 4,721,163
Other income - net 21 6,635,039 2,699,874
PROFIT BEFORE TAXATION 10,246,430 7,421,037

Provision for taxation 22 (1,846,922) (2,163,408)
PROFIT FOR THE PERIOD 8,399,508 5,257,629
Earnings per share - Basic and diluted (Rs) 29.59 18.52

The annexed notes 1 to 26 form an integral part of these condensed interim financial statements.

Khalid Nafees Shuaib A. Malik Abdus Sattar
CFO Chief Executive Director

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