Page 12 - Condensed Interim Financial Statements - For Nine Months Ended March 31, 2022

Condensed Interim Statement of Profit or Loss (Unaudited)
For the nine months ended March 31, 2022

Three months ended Nine months ended
Mar. 31, 2022 Mar. 31, 2021 Mar. 31, 2022 Mar. 31, 2021

Note
Rupees ('000)
SALES 14,532,316 10,337,524 42,393,045 29,677,861
Sales tax (1,157,712) (806,752) (5,205,144) (2,474,187)
Excise duty (59,459) (66,464) (185,518) (208,388)
NET SALES 16 13,315,145 9,464,308 37,002,383 26,995,286
Operating costs 17 (2,402,622) (2,438,418) (6,594,893) (6,480,175)
Royalty (1,424,634) (986,645) (3,913,012) (2,918,585)
Amortisation of development
and decommissioning costs 18 (589,136) (577,223) (1,990,231) (1,818,463)
(4,416,392) (4,002,286) (12,498,136) (11,217,223)
GROSS PROFIT 8,898,753 5,462,022 24,504,247 15,778,063
Exploration costs 19 (127,386) (71,752) (685,904) (180,983)
8,771,367 5,390,270 23,818,343 15,597,080
Administration expenses (53,098) (49,898) (174,595) (167,510)
Finance costs - net 20 (788,045) 319,515 (3,185,193) 421,951
Other charges 21 (593,137) (421,231) (1,548,815) (1,167,963)
(1,434,280) (151,614) (4,908,603) (913,522)
7,337,087 5,238,656 18,909,740 14,683,558
Other income - net 22 2,087,849 (371,858) 6,805,590 172,917
PROFIT BEFORE TAXATION 9,424,936 4,866,798 25,715,330 14,856,475
Provision for taxation 23 (2,851,585) (1,939,884) (8,219,231) (5,280,492)
PROFIT FOR THE PERIOD 6,573,351 2,926,914 17,496,099 9,575,983
Earnings per share
- Basic and diluted (Rupees) 23.16 10.32 61.64 33.74

The annexed notes 1 to 28 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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