Olympia Mills : Corporate Briefing Session presentation
October 16, 2023 at 03:55 am EDT
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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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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.
Olympia Mills Limited is a Pakistan-based company. The Company is principally engaged in the business of renting/leasing of Company's fixed assets. The Company rents or leases its factory building and paper plant machinery.