CORPORATE BRIEFING SESSION

OLYMPIA MILLS LIMITED 13 OCTOBER 2023

CORPORATE BRIEFING SESSION INTRODUCTION & COMPANY PROFILE

INTRODUCTION

Olympia Mills Ltd was incorporated in Pakistan as a public limited company on October 28, 1960 under the Companies Act, 1913 (Now the Companies Act, 2017), and its shares are quoted on the Pakistan Stock Exchange. The principal line of business is renting/leasing of company's fixed assets. The registered office of the company is situated at H-23/3,Landhi Industrial Area , Landhi Karachi.

FACILITIES AND AMENETIES

The company has arrangement for supply of Electricity, gas and water. The company also provide House keeping, Security Guards and Canteen facilities to the tenants

LOCATION

The Company is Situated at prime industrial location (Landhi Industria Area) where there is no further space available. The Company is located at the proximity of famous industrial Gaints such as Yonus Textile, Gul Ahmed , Ghani Glass & General Tyre.

AREAS AVAIALBLE

a. 14 Fully functional Process Hall b.Labour Quarters

C Godowns

GROUP COMPANIES

OLYMPIA POWER GENERATION (PVT) LTD

SUPER PACKAGES (PVT) LTD

Electricity Generation business

Manufacturer of packaging products

OLYMPIA PAPER INDUSTRIES (PVT) LTD

Manufacturer of paper prdoducts

INCOME STATEMENT

OLYMPIA MILLS

LIMITED

STATEMENT OF PROFIT OR LOSS

FOR THE YEAR ENDED

JUNE 30, 2023

For the year ended

For the year ended

June 30, 2023

June 30, 2022

RUPEES

RUPEES

Income

104,625,584

96,997,031

Direct Operating Expenses

(49,223,399)

(40,051,190)

Profit from principal line of business

55,402,185

56,945,841

Income / (loss) from Paper Manufacturing Business

Sales of Paper

-

26,590,121

Cost of Sales

-

(29,511,935)

Loss from paper business

-

(2,921,814)

55,402,185

54,024,027

Administrative & general expenses

(22,230,250)

(17,392,406)

Other Income

6,655,773

6,834,583

Gain on Extinguishment of debt

-

222,272,000

Other Expenses

-

(14,543)

(15,574,477)

211,699,634

Operating Profit

39,827,708

265,723,661

Finance Cost

(6,865,668)

(10,096,294)

Profit before taxation

32,962,040

255,627,367

Taxation - Current

(15,932,972)

(15,267,943)

Taxation - Prior

575,433

2,302,393

Net Profit for the year after taxation

17,604,501

242,661,817

Earning per share - Basic and diluted

1.47

20.22

Trajectory of Bank Loans

Bank Loans

600000000

500000000

400000000

300000000

200000000

100000000

0

2020

2021

2022

2023

Bank Loans

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Disclaimer

Olympia Mills Ltd. published this content on 16 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 October 2023 07:54:31 UTC.