Pakistan Hotels Developers : Transmission of Quarterly Report for the Period Ended 31st December, 2022
February 28, 2023 at 12:15 am EST
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Condensed Interim Financial Statements
For the Half Year Ended
December 31, 2022
(Un-audited)
PAKISTAN HOTELS DEVELOPERS LIMITED
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Pakistan Hotels Developers Ltd.
Contents
o Vision and Mission
2
o Corporate Profile
3
o Directors' Report
4
o Directors' Report (Urdu Version)
5
o Independent Auditor's Review Report
6
o Condensed Interim Statement of Financial Position
7
o Condensed Interim Statement of Profit or Loss and
Other Comprehensive Income
8
o Condensed Interim Statement of Changes in Equity
9
o Condensed Interim Statement of Cash Flows
10
o Notes to the Condensed Interim Financial Statements
11
Financial Statements - Half Year ended December 31, 2022
1
Pakistan Hotels Developers Ltd.
Vision and Mission
It is our cherished goal to be the Industry leader in hotel business by establishing a complete, unique, distinctive and truly a five star deluxe hotel complex.
To achieve the above objective and to provide the highest level of satisfaction to our valued customers, we are constantly engaged and working with a missionary zeal to bring necessary improvements in our existing facilities and to excel in offering efficient and quality services to them.
We are also committed to maintain the highest level of International hotel standards, which will add to the glory and prestige of the Country and promote tourism.
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Financial Statements - Half Year ended December 31, 2022
Pakistan Hotels Developers Ltd.
CORPORATE PROFILE
BOARD OF DIRECTORS:
NON-EXECUTIVE DIRECTORS
Mr. Zaheer Baweja
Chairman
Mrs. Shahina Khalid
Director
Mrs. Shazia Jamal
Director
EXECUTIVE DIRECTORS
Mr. Muzaffar F. Baweja
Chief Executive Officer
Mr. Zubair Baweja
Managing Director
INDEPENDENT DIRECTORS
Mr. Qazi Ahmed Saeed
Mr. Nadeem Ul Haq Najmi
AUDIT COMMITTEE:
Mr. Qazi Ahmed Saeed
Chairman
Mrs. Shahina Khalid
Member
Mr. Nadeem Ul Haq Najmi
Member
HR & R COMMITTEE:
Mrs. Shahina Khalid
Chairperson
Mr. Qazi Ahmed Saeed
Member
Mr. Nadeem Ul Haq Najmi
Member
COMPANY SECRETARY:
M. Taha Ali Khan
CHIEF FINANCIAL OFFICER:
Syed Haseen Anwer
BANKERS:
Al Baraka Bank (Pakistan) Ltd.
Bank Al-Habib Ltd.
Bankislami Pakistan Ltd.
Bank Al-Falah Ltd.
Faysal Bank Ltd.
Habib Bank Ltd.
Meezan Bank Ltd.
National Bank of Pakistan
Summit Bank Ltd.
United Bank Ltd.
AUDITORS:
Clarkson Hyde Saud Ansari
Chartered Accountants
LEGAL ADVISOR:
Mukesh K. Sharma
INDEPENDENT SHARE REGISTRAR:
F. D. Registrar Services (SMC-PVT) Limited 17th Floor, Saima Trade Tower-A,
I. I. Chundrigar Road, Karachi.
REGISTERED OFFICE:
Regent Plaza Hotel, Mezzanine Floor, 195/2, Shahrah-e-Faisal, Karachi.
Financial Statements - Half Year ended December 31, 2022
3
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Disclaimer
Pakistan Hotels Developers Ltd. published this content on 28 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2023 05:14:00 UTC.
Pakistan Hotels Developers Limited is a Pakistan-based company, which is engaged in the hotel business. The Company owns and operates a Five Star Hotel known as Regent Plaza Hotel and Convention Center, Karachi. The Companyâs hotel has approximately 440 guest rooms, which cater to all the needs of the business and holiday travelers. These rooms include presidential suites, executive suites and business suites beside standard rooms, deluxe rooms, executive rooms, and executive deluxe rooms. Its services include swimming pool, pool side bar, poolside events, valet parking, laundry, free Wi-Fi, room service, wedding planning, and postal/parcel service. The hotel contains a grand lobby, health club, swimming pool, luxurious rooms, event management, haute cuisine, corporate meetings, and car rental.
PAKISTAN HOTELS DEVELOPERS LIMITED 
