Geared For Another Leap

Un-audited Financial Statements

For the Third Quarter Ended September 30, 2022

Q3 Report 2022 1

CONTENTS

Company Information

3

Directors' Report

ٹ�ر�وپررئا��ز�ڈ�ٹری

4-5

Condensed Interim Un-consolidated Financial Statements

7

- Statement of Financial Position

8-9

- Statement of Profit or Loss

10

- Statement of Comprehensive Income

11

- Statement of Cash Flows

12-13

- Statement of Changes in Equity

14

- Selected Notes to the un-consolidated Financial Statements

15

Condensed Interim Consolidated Financial Statements

25

- Consolidated Statement of Financial Position

26-27

- Consolidated Statement of Profit or Loss

28

- Consolidated Statement of Comprehensive Income

29

- Consolidated Statement of Cash Flows

30-31

- Consolidated Statement of Changes in Equity

32

- Selected Notes to the Consolidated Financial Statements

33

2 Highnoon Laboratories Limited

The name Highnoon, exemplifies the purpose to enrich life with perseverance, passion, integrity and reliability.

As a foundation stone of our corporate identity, our logo is the symbolic reflection of our values. On the imagery and nuances of the new mark: The bright colourful sun at the angle is a bolder and global version. It connotes the highest vibrant transmission of energy to Earth.

A deep sense of simplicity, solidity and permanence. Vim and vigour. Our boundless optimism, culminating the highest peaks. To sum up, our new mark embeds a sense of pride, unity, hope and belonging in all of us.

Dr. Adeel Abbas

Chief Executive Officer

Q3 Report 2022 3

COMPANY INFORMATION

Board of Directors

Mr. Tausif Ahmad Khan

Chairman

Dr. Adeel Abbas Haideri

Chief Executive Officer

Mrs. Zainub Abbas

Mrs. Nael Najam

Mr. Ghulam Hussain Khan

Mr. Taufiq Ahmed Khan

Mr. Romesh Elapata

Chief Financial Officer

Mr. Ashfaq P. Alidina Tel : +92 42 3751 1953 Email : ashfaq.alidina@highnoon. com.pk

Company Secretary

Mr. Khadim Hussain Mirza Tel: +92 42 3751 0036 Email: khadim@highnoon. com.pk

Bankers

Habib Bank Limited

United Bank Limited

J.S. Bank Limited

Allied Bank Limited

Habib Metropolitan Bank Limited

Meezan Bank Limited

Registered, Head office & Plant

17.5 Kilometer Multan Road,

Lahore - 53700, Pakistan

UAN : +92 42 111 000 465

Fax : +92 42 3751 0037

E-mail : info@highnoon.com.pk

Web : www.highnoon-labs.com

Corporate Office

901-9th floor, Tricon Corporate Center 73-E, Jail Road, Lahore UAN : +92 304 111 0465

Ph : +92 42 36407346

Legal Advisor

Raja Muhammad Akram &

Company

Tax Advisor

Yousuf Islam & Associates

Auditors

EY Ford Rhodes Chartered Accountants

Shares Registrar

Corplink (Pvt.) Ltd.

Wings Arcade,

1-K Commercial,

Model Town, Lahore.

Tel : +92 42 3591 6714, 3591

6719 Fax : +92 42 3586 9637

Audit Commitee

Mrs. Nael Najam

Chairperson

Mrs. Zainub Abbas

Member

Mr. Ghulam Hussain Khan Member

Human Resource and Remuneration Committee

Mrs. Nael Najam

Chairperson

Mrs. Zainub Abbas

Member

Dr. Adeel Abbas Haideri

Member

Executive Committee

Dr. Adeel Abbas Haideri

Chairman

CEO

Mr. Ashfaq P. Alidina Member

Chief Financial Officer

Mr. Sajjad Hafeez Butt

Member

COO (Technical)

Dr. Saleem Akhtar

Member

Group Director

Quality Operations

Mr. Ahmad Raza

Member

Group Director

Research & Development

Mr. Azfar Abbas Haideri Member

Chief Commercial Officer

Ms. Iram Naila

Member

Director

Regulatory Affairs

I.T. Steering Committee

Dr. Adeel Abbas Haideri

Chairman

CEO

Mr. Ashfaq P. Alidina Member

Chief Financial Officer

Mr. Sajjad Hafeez Butt

Member

COO (Technical)

Mr. Azfar Abbas Haideri Member

Chief Commercial Officer

Mr. Ali Sarwar

Member

Chief Information Officer

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Highnoon Laboratories Ltd. published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 05:08:06 UTC.