D G Khan Cement : TRANSMISSION OF THE QUARTERLY REPORT FOR THE PERIOD ENDED SEPTEMBER 30, 2022

First Quarter Report, September 30,

audited)

22(Un-

D.G. KHAN CEMENT

COMPANY LIMITED

TABLE OF CONTENTS

FINANCIAL STATEMENTS
Company Information	02
Directors' Report	03
CONDENSED INTERIM UNCONSOLIDATED
Statement of Financial Position	12
Statement of Profit or Loss - Unaudited	14
Statement of Comprehensive Income - Unaudited	15
Statement of Cash Flows - Unaudited	16
Statement of Changes In Equity - Unaudited	17
Notes to and Forming Part of the Condensed Interim
Unconsolidated Financial Information - Unaudited	18
CONDENSED INTERIM CONSOLIDATED
Statement of Financial Position	30
Statement of Profit or Loss - Unaudited	32
Statement of Comprehensive Income - Unaudited	33
Statement of Cash Flows - Unaudited	34
Statement of Changes In Equity - Unaudited	35
Notes to and Forming Part of the Condensed Interim
Consolidated Financial Information - Unaudited	36

1ST QUARTER FY-2023DGKC

Company Information

Board of Directors

Mrs. Naz Mansha	Chairperson / Non-Executive
Mr. Raza Mansha	Chief Executive / Executive
Mr. Khalid Niaz Khawaja	Independent
Mr. Usama Mahmud	Independent
Mr. Mahmood Akhtar	Non-Executive
Mr. Farid Noor Ali Fazal	Executive
Mr. Shahzad Ahmad Malik	Non-Executive
Female Director 01
Male Directors 06

Audit Committee

Mr. Khalid Niaz Khawaja	Member/Chairman
Mr. Mahmood Akhtar	Member
Mr. Usama Mahmud	Member

Human Resource & Remuneration Committee

Mr. Khalid Niaz Khawaja	Member/Chairman
Mr. Raza Mansha	Member
Mr. Shahzad Ahmad Malik	Member

Company Products

I. Clinker

1. Ordinary Portland Cement (OPC)
   III. Sulphate Resistant Cement (SRC)

HS Code

Clinker: 2523.1000

Cement: 2523.2900

Applicable Laws & Regulations

Many laws and regulations apply to the Company including:

• The Companies Act
• Stock Exchange Regulations
• Code of Corporate Governance
• International Accounting and Financial Reporting Standards
• International Auditing Standards
• Income Tax Law
• Sales Tax Law
• Excise Laws
• Property Laws
• Labour Laws
• Health & Safety Laws
• Environmental Laws
• Banking Regulations, etc.

Management

Mr. Raza Mansha	Chief Executive Officer
Dr. Arif Bashir	Director Technical & Operations
Mr. Farid Noor Ali Fazal	Director Marketing
Mr. Inayat Ullah Niazi	Chief Financial Officer

Company Secretary

Mr. Khalid Mahmood Chohan

Bankers

Allied Bank Limited	MCB Islamic Bank Limited
Bank Alfalah Limited	Meezan Bank Limited
Bank Al-Habib Limited	National Bank of Pakistan
Bank Islami Pakistan Limited	Samba Bank Limited
Dubai Islamic Bank	Soneri Bank Limited
Faysal Bank Limited	Standard Chartered Bank Limited
Habib Bank Limited Limited	The Bank of Punjab
Habib Metropolitan Bank	United Bank Limited
MCB Bank Limited	The Bank of Khyber
JS Bank Limited	Silk Bank Limited
Citi Bank N.A.	Industrial and Commercial Bank
Askari Bank Limited	of China (ICBC)

External Auditors

A.F. Ferguson & Co., Chartered Accountants

Legal Advisors

Mr. Shahid Hamid, Bar-at-Law

Important Identification Numbers of Company

CUIN: 0006469	NTN: 1213275-6
STRN: 0402252300164	PSX Symbol: DGKC

Company Rating

Long Term: AA -	Short Term: A1+
Outlook: Stable	Rating Agency: PACRA
Rating Date: March 04, 2022

Registered Office

Nishat House, 53-A, Lawrence Road, Lahore-Pakistan.

UAN: [phone]	Fax: [phone]
Email: [e-mail]	web site: www.dgcement.com

Factories

Khofli Sattai, Distt., Dera Ghazi Khan-Pakistan.

Phone: [phone]	Fax: [phone]
Email: [e-mail]

12, K.M. Choa Saidan Shah Road, Khairpur, Tehsil Kallar Kahar, Distt. Chakwal-Pakistan.

Phone: [phone]	Fax: [phone]
Chichaee Gadani Main RCD, HUB
Distt. Lasbela, Pakistan
UAN: [phone]

Share Registrar: THK Associates (Pvt) Ltd

Head Office, Karachi	Branch Office, Lahore
Plot No. 32-C, Jami Commercial	Office No. 309, 3rd Floor,
Street No. 2, DHA Phase_VII,	North Tower, LSE Building,
Karachi 75500.	19 Shahrah-e-Aiwan-e-Iqbal,
UAN: 021 111 000 322	Lahore
Tel: [phone],	Phone: [phone]
Fax: [phone]

For Investors' Information, Comments, Inquiries, Complaints

Mr. Farid Fazal	(Director Marketing)
E-mail: [e-mail]	Phone: [phone]
(Marketing related queries)
Mr. Inayat Ullah Niazi	(Chief Financial Officer)
E-mail: [e-mail]	Phone: [phone]
Mr. Khalid Mehmood Chohan	(Company Secretary)
E-mail: [e-mail]	Phone: [phone]

02

1ST QUARTER FY-2023DGKC

Directors' Report

The directors of your company are pleased to present you the results of Q1FY23:

	Q1 FY23	Q1 FY22
	Rupees in '000'
Sales	13,584,833		11,152,534
Cost of sales	(11,512,254)		(9,053,792)
Gross profit	2,072,579		2,098,742
Administrative expenses	(210,797)		(185,470)
Selling and distribution expenses	(332,837)		(317,366)
Other expenses	(15,930)		(225,681)
Other income	661,381		543,221
Finance cost	(1,593,083)		(735,779)
Profit/(loss) before taxation	581,313		1,177,667
Taxation	(192,375)		(269,643)
Profit/(loss) for the period	388,938		908,024
EPS (Rs/share)	0.89		2.07
GP%	15.26%		18.82%
PBT%	4.28%		10.56%
PAT%	2.86%		8.14%
Production and Sales volumetric data is as under:
	Q1 FY23	Q1 FY22
	in MT
Production:
Clinker	886,008		1,476,428
Cement	962,158		1,223,231
Sales:
Total	952,470		1,237,774
Local Cement (excluding own consumption)	906,398		1,180,258
Export Cement	46,072		57,516
Clinker Sale	115,450		211,989

03