CORPORATE INFORMATION - Ghani Global LDA Flats, Lawrence Road, LHR Tel: 042-36375531, 36375339 Fax: 042-36312550 BANKERS Al Baraka Bank (Pakistan) Limited ... Ghani Global Glass is

LEGAL ADVISOR

DSK Law, Lahore

SHARE REGISTRAR

Vision Consulting Limited 1st Floor,3-C, LDA Flats, Lawrence Road, LHRTel: 042-36375531, 36375339Fax: 042-36312550

BANKERS

Al Baraka Bank (Pakistan) LimitedAskari Bank LimitedAllied Bank LimitedBank Al-Habib LimitedBank Al-Falah LimitedBank Islami Pakistan LimitedBank of KhyberBank of Punjab Habib Metropolitan Bank LimitedJS Bank LimitedMCB Bank LimitedMeezan Bank LimitedNational Bank of PakistanSummit Bank LimitedStandard Chartered Bank LimitedUnited Bank Limited

BOARD OF DIRECTORS

Atique Ahmad KhanMasroor Ahmad KhanHafiz Farooq AhmadMian Zahid SaidRabia AtiqueSaira FarooqFarzand Ali

Chairman Chief Executive OfficerDirectorDirectorDirectorDirectorDirector

AUDIT COMMITTEE

Mian Zahid Said – Chairman

Hafiz Farooq AhmadSaira Farooq

HR & R COMMITTEE

Mian Zahid Said – Chairman

Atique Ahmad KhanHafiz Farooq Ahmad

COMPANY SECRETARY

Farzand Ali, FCS

CHIEF FINANCIAL OFFICER

Asim Mahmud, FCA

AUDITORS

Rizwan & CompanyChartered AccountantsMember Firm of DFK International

GLASS PLANT

52-K.M. Lahore Multan Road,Phool Nagar Distt. KasurPh: (049) 4510349-549, Fax: (049) 4510749E-mail: [email protected]

REGIONAL MARKETING OFFICE

301-302, 3rd Floor Yousaf Chamber,KCHSU, Block 7/8, Near MCB Bank,Shar-e-Faisal Karachi.Phone: 021-34330595Email: [email protected]

REGISTERED/CORPORATE OFFICE

10-N, Model Town Ext. Lahore-54000, PakistanUAN: (042)111-ghani1(442-641)Phone: 042-35161424-5, Fax: 042-35160393Email: [email protected]: www.ghaniglobal.com

CORPORATE INFORMATION

Atique Ahmad Khan

Rabia Atique

01Ghani Global Glass

A comparison of the key financial results of your company for the nine months ended March 31, 2017 is as under:

DIRECTORS’ REPORT

The Directors of your Company are pleased to present the un-audited condensed interim financial statements of the Company for the period ended March 31, 2017, in compliance with the requirements of Companies Ordinance,1984.

Dear Members

Assalam-o-Alaikum Wa RehmatUllah Wa Barakatoh

FINANCIAL PERFORMANCE

Your company’s commercial run started just before three quarters (during April 2016). Ghani Global Glass is the only Company in Pakistan producing European Quality Glass Tubing USP Type-I for manufacture of Glass Ampoules and Tubular-Vials used by the Pharmaceutical Industry for filling of liquid and power injectable.

To meet the quality requirements of pharmaceutical industry your company has installed a state-of-the-art facility with European machinery and expertise near Lahore. Marketing team of your company has made a significant improvement in the last nine months by way of quality awareness to end users. Based on our sales target, we continuously produced the tubing as per our capacity and country requirement. Although our sale remains down than the target but very promising competing with Chinese product which is cheap and low grade quality available in the market.

During the period under review your company succeeded to close the sale at amounting to Rs. 288.804 million. Company achieved gross profit amounting to Rs. 15.161 million. Management of your company also succeeded to restrict administrative, selling and other operating expenses aggregate amounting to Rs. 45.715 million. Finance cost incurred on the project finance and working capital lines is amounting to Rs. 50.000 million. Net loss during the period under review is amounting to Rs. 76.163 million.

023rd Quarter March 2017

As Pakistan continues its march from being a frontier economy to becoming an emerging market, 2017 may be the best year in the country's 70-year-long history. From increase in foreign investment, creation of Export-Import Bank to likely changes in the auto industry, here's what we predict will happen to Pakistan's economy this year. Although gross domestic product (GDP) growth forecasts by International Monetary Fund, World Bank and federal budget vary, Pakistan's GDP is likely to grow by 4.7 per cent this year. The annual GDP may increase from $270 billion to around $300 billion and for the first time, the Purchasing Power Parity may cross the $1trillion mark. Pakistan is currently 40th largest economy in the world and our ranking may improve by a point or two. Pakistan will enter MSCI's Emerging Markets category in May, meaning larger amounts will inflow. MSCI is a leading provider of international investment decision support tools. In 2016, Pakistan Stock Exchange (PSX) provided 46 per cent returns. KSE-100 benchmark index is also likely to cross 55,000 points from current nearly 48,000 points. Forty per cent stakes in PSX will go to Chinese consortium and this is likely to bring large institutional investors from other countries. More large shopping malls will be built or become operational across major urban centres. Superstore chains will open new stores in unprecedented three-digit numbers. The ongoing and planned investments under the flagship economic corridor project between Pakistan and the People's Republic of China, as well as other regional cooperation initiatives, are spurring development activity and some market optimism. Sustained economic reforms and an improvement in the security environment should further boost business confidence and foster increased private investment.

OVERVIEW OF THE ECONOMY

Particulars

Rupees in ‘000’

September 2016 September

2015

Sales 87,161 -

Net Sales 74,200 -

Gross Profit 4,721 -

Distribution cost 5,461 -

Administrative expenses 16,896 2,897

Financial cost 16,022 707

Loss before taxation (32,953) (3,567)

Net Profit / (Loss) (33,695) (2,617)

March 2017 March 2016

Rupees in Million (except EPS)

288.804

15.161

(10.103)

(34.967)

(50.000)

(74.991)

(76.164)

(0.86)

(7.281)

(2.725)

(10.043)

(9.861)

(0.17)

Sales

Gross profit

Distribu�on cost

Administra�ve expenses

Financial cost

Loss before taxa�on

Net loss

Earnings per share - basic and diluted

-

-

-

FUTURE PROSPECTS

Your company has introduced the manufacturing and selling of USP Type-I Glass Tubing as an import substitute. Our aim is to make awareness amongst the manufactures and end-users of Glass Ampoules and Vials about the quality parameter and its impact

on the product we produce in our country. We have started converting people from low quality Chinese product to premium 3quality G Tubing.

After commencement of commercial operations of USP Type-I Glass Tubing during April 2016, your company has now commenced the process of producing value added products like Glass Ampoules and Tubular Vials of USP Type-I in January 2017. For setup of this value addition project, your company has imported and installed world renowned “OCMI” and “SPAMI” ampoules and vials manufacturing machinery. In this context this is the only organization providing the end-to-end solutions i.e from producing tubing till its end product. Hopefully this value addition project will be fully operationalby end of July 2017.

In the next step your company will tap the international market for its product and currently we are focusing in dialogue with number of producers in Africa and near East Gulf. In addition to increase in sales, this will facilitate to earn the foreign currency for the country as well.

The directors express their deep appreciation to the dedication of company’s employees to their professional obligationsand cooperation by the bankers and government agencies.

ACKNOWLEDGEMENT

We thank our shareholders who reposed their confidence on management of the company, customers, the officials of theSECP, the Pakistan Stock Exchange and pray for a better future for them and the Company.


Lahore April 28, 2017

For and on behalf of the Board of Directors

MASROOR AHMAD KHAN(CHIEF EXECUTIVE OFFICER)


288.804

45.715

76.163

Particulars

Rupees in ‘000’

September 2016 September

2015

Sales 87,161 -

Net Sales 74,200 -

Gross Profit 4,721 -

Distribution cost 5,461 -

Administrative expenses 16,896 2,897

Financial cost 16,022 707

Loss before taxation (32,953) (3,567)

Net Profit / (Loss) (33,695) (2,617)

March 2017 March 2016

Rupees in Million (except EPS)

288.804

15.161

(10.103)

(34.967)

(50.000)

(74.991)

(76.164)

(0.86)

(7.281)

(2.725)

(10.043)

(9.861)

(0.17)

Sales

Gross profit

Distribu�on cost

Administra�ve expenses

Financial cost

Loss before taxa�on

Net loss

Earnings per share - basic and diluted

-

-

-



CONDENSED INTERIM BALANCE SHEETAS AT MARCH 31, 2017 (UN-AUDITED)


FARZAND ALI(DIRECTOR)

TOTAL ASSETS

EQUITY AND LIABILITIES

Share capital and reserves

Authorized share capital

Issued, subscribed and paid up share capital

Accumulated losses

Loan from sponsors

Total equity

Non-current liabilities

Long term financing

Long term security deposits

Current liabilities

Trade and other payables

Accrued profit on financing

Short term financing - secured

Current portion of long term financing

Provision for taxation

Total liabilities

CONTINGENCIES AND COMMITMENTS

TOTAL EQUITY AND LIABILITIES

The annexed notes from 1 to 14 form an integral part of these condensed interim financial information.

120,000,000 (June 2016: 120,000,000)

ordinary shares of Rupees 10 each

6

7

8

ASSETS

Note

UN-AUDITED

March 31,

2017

Note(Rupees)

UN-AUDITED

March 31,

2017

AUDITED

June 30,

2016

Non-current assets

Property, plant and equipment

Intangible assets

Long term deposits

5

Current assets

Stores and spares

Stock in trade

Trade debts

Loans and advances

Trade deposits and short term prepayments

Other receivables

Advance income tax

Balance with statutory authorities

Cash and bank balances

1,200,000,000

500,000,000

(60,668,354)

485,660,638

924,992,284

528,168,752

368,057

528,536,809

93,477,018

5,687,537

84,451,613

78,822,646

1,286,735

263,725,549

792,262,358

-

1,717,254,642

1,200,000,000

1,000,000,000

(136,832,104)

295,660,638

1,158,828,534

413,115,202

400,000

413,515,202

135,274,033

5,562,119

211,159,897

153,404,732

2,459,740

507,860,521

921,375,723

-

2,080,204,257

1,385,074,844

19,794,072

5,872,250

1,410,741,166

62,749,124

284,090,651

67,460,283

14,575,863

61,821,312

93,973

31,556,653

116,042,436

31,072,796

669,463,091

2,080,204,257

(Rupees)

AUDITED

2016

1,312,835,851

19,794,072

4,674,530

1,337,304,453

41,507,151

140,319,040

35,455,350

9,633,200

19,310,646

22,984

8,498,469

90,287,964

34,915,385

379,950,189

1,717,254,642

June 30,




CONDENSED INTERIM PROFIT AND LOSS ACCOUNTFOR THE NINE MONTHS ENDED MARCH 31, 2017 (UN-AUDITED)

NINE MONTHS ENDED QUARTER ENDED

March 31, March 31, March 31, March 31,

2017 2016 2017 2016

Note (Rupees) (Rupees)

Gross sales - local

Sales tax

Cost of sales

Gross profit

Other operating expenses

Other income

Finance cost Loss before taxation

Taxation

Loss after taxation

Earnings per share

- basic and diluted 9


288,803,873

(42,829,909)

245,973,964

(230,813,263)

15,160,701

(10,102,749)

(34,966,797)

(645,775)

(45,715,321)

5,564,077

(24,990,543)

(50,000,202)

(74,990,745)

(1,173,005)

(76,163,750)

(0.86)

-

-

-

-

-

-

(7,281,579)

(225,000)

(7,506,579)

187,928

(7,318,651)

(2,724,352)

(10,043,003)

182,188

(9,860,815)

(0.17)

106,986,953

(15,744,540)

91,242,413

(81,817,526)

9,424,887

(4,493,896)

(5,692,392)

(168,875)

(10,355,163)

907,318

(22,958)

(17,672,353)

(17,695,311)

(912,424)

(18,607,735)

(0.19)

-

-

-

--

-

(1,912,764)

(73,900)

(1,986,664)

42,931

(1,943,733)

(1,039,158)

(2,982,891)

592,908

(2,389,983)

(0.04)

Selling and distribution expenses

Administrative expenses


CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOMEFOR THE NINE MONTHS ENDED MARCH 31, 2017 (UN-AUDITED)

Loss for the period


Total comprehensive loss for the period

Other comprehensive income /

(loss) for the period

NINE MONTHS ENDED QUARTER ENDED

March 31, March 31, March 31, March 31,

2017 2016 2017 2016(Rupees) (Rupees)

(76,163,750)

-

(76,163,750)

(9,860,815)

-

(9,860,815)

(18,607,735)

-

(18,607,735)

(2,389,983)

-

(2,389,983)




CONDENSED INTERIM CASH FLOW STATEMENTFOR THE NINE MONTHS ENDED MARCH 31, 2017 (UN-AUDITED)

NINE MONTHS ENDED

March 31, March 31,

2017 2016

Note (Rupees)

CASH FLOWS FROM OPERATING ACTIVITIES

Cash used in operations 10

Finance cost paid

Taxes paid

Net cash used in operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Additions in property, plant and equipment Additions in capital work in progress

Proceeds from disposal of property, plant and equipment

Long term deposits paid

Net cash used in investing activities

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from issue of shares

Long term financing (repayments) / proceeds

Long term security deposit proceeds

Loan from sponsors (repaid) / received

Short term finance proceeds

Net cash generated from financing activities

Net increase in cash and cash equivalents

Cash and cash equivalents at the beginning of the period

Cash and cash equivalents at the end of the period


(182,700,077)

(50,125,620)

(23,058,182)

(73,183,802)

(255,883,879)

(133,567,526)

(9,525,727)

63,500

(1,197,720)

(144,227,473)

500,000,000

(40,471,464)

31,943

(190,000,000)

126,708,284

396,268,763

(3,842,589)

34,915,385

31,072,796

(167,395,658)

(53,851,442)

(3,959,152)

(57,810,594)

(225,206,252)

(6,477,704)

(195,932,748)

-

(714,930)

(203,125,382)

-

54,480,777

282,886

321,035,638

49,430,528

425,229,829

(3,101,805)

6,813,728

3,711,923




Balance as at July 01, 2015 - (audited) 500,000,000 (9,432,616) 45,300,000 535,867,384

Loss for the period - (9,860,815) - (9,860,815)

Other comprehensive income / (loss)

for the period - -

Total comprehensive loss for the period -

(9,860,815)

-

(9,860,815)

Transactions with sponsors:

Loan received / (repaid) during the period -

-

321,035,638

321,035,638

Balance as at March 31, 2016 - (un-audited) 500,000,000

(19,293,431)

366,335,638

847,042,207

Balance as at July 01, 2016 - (audited) 500,000,000

(60,668,354)

485,660,638

924,992,284

Loss for the period -

(76,163,750)

-

(76,163,750)

Other comprehensive income / (loss)

for the period -

-

-

-

Total comprehensive loss for the period -

(76,163,750)

-

(76,163,750)

Transactions with sponsors:

Loan received / (repaid) during the period -

-

(190,000,000)

(190,000,000)

Shares issued during the period 500,000,000

-

-

500,000,000

Balance as at March 31, 2017 - (un-audited) 1,000,000,000

(136,832,104)

295,660,638

1,158,828,534


Share capitalUnappropriated

profit / (loss)Total

Rupees

Loan from

sponsors

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITYFOR THE NINE MONTHS ENDED MARCH 31, 2017 (UN-AUDITED)

- -




SELECTED NOTES TO THE CONDENSED INTERIM FINANCIAL INFORMATIONFOR THE NINE MONTHS ENDED MARCH 31, 2017 (UN-AUDITED)

1

1.1

2

2.1

2.2

3

3.1

3.2

3.3

THE COMPANY AND ITS OPERATIONS

The Company was incorporated in Pakistan under the Companies Ordinance, 1984 as a private limited company on October 04, 2007 as Ghani Tableware (Private) Limited. Its status was changed to public unlisted company, consequently its name was changed to Ghani Tableware Limited as on July 24, 2008. Name of the Company was further changed to Ghani Global Glass Limited on January 14, 2009. The Company is listed on Pakistan Stock Exchange Limited. Its registered office is situated at 10- N, Model Town Extension, Lahore. The Company is principally engaged in manufacture, procurement and sale of glass tubing and glass ware.

STATEMENT OF COMPLIANCE

This condensed interim financial information has been prepared in accordance with the International Accounting Standard (IAS) 34 'Interim Financial Reporting' as applicable in Pakistan and notified by the Securities and Exchange Commission of Pakistan (SECP) and provisions of and directives issued under the Companies Ordinance, 1984. In case where requirements differ, the provisions of or directives issued under the Ordinance have been followed.

Functional and presentation currency

These financial statements are presented in Pak Rupees which is the functional and presentation currency forthe Company.

BASIS OF PREPARATION

This condensed interim financial information do not include the information reported for annual financial statements and should be read in conjunction with the audited annual published financial statements for the year ended June 30, 2016.

The accounting policies and methods of computations adopted for the preparation of this interimcondensed financial information are the same as applied in the preparation of the preceding audited annual published financial statements of the Company for the year ended June 30, 2016.

The Company has adopted the following amended International Financial Reporting Standards

(IFRSs ) which became effective during the period:

IFRS 10 - Consolidated Financial Statements

IFRS 12 - Disclosure of Interests in Other Entities

IFRS 13 - Fair Value Measurement

IAS 27 - Separate Financial Statements - Investment Entities: Applying the Consolidation Exception (Amendment)

IFRS 11 - Joint Arrangements - Accounting for Acquisition of Interest in Joint Operation (Amendment)

IAS 1 - Presentation of Financial Statements - Disclosure Initiative (Amendment)

IAS 16 - Property, Plant and Equipment and IAS - 38 intangible assets - Clarification of Acceptable

Method of Depreciation and Amortization (Amendment)

IAS 16 - Property, Plant and Equipment IAS - 41 Agriculture - Agriculture: Bearer Plants(Amendment)

IAS 27 - Separate Financial Statements - Equity Method in Separate Financial Statements


5

5.1

5.2

PROPERTY, PLANT AND EQUIPMENT

Operating fixed assets

Opening book value

Additions & transfer during the period/year

Deletions during the period/year

Less : Depreciation charged for the period/year

Capital work in progress

Additions during the period/year

Building

Plant & Machinery

Furnace

Furniture and fixtures

Office equipments

Computers

Vehicles

Deletions during the period/year

Vehicles

Un-audited Audited

March 31, June 30,

2017 2016

1,306,203,105 52,733,757

5.1 133,567,526 1,278,290,805

5.2 (55,441) -

1,439,715,190

1,331,024,562

70,798,819

24,821,457

1,368,916,371

1,306,203,105

16,158,473

6,632,746

1,385,074,844

1,312,835,851

70,000

132,879,249

132,058,997

812,823,240

-

325,102,255

994,431

1,555,589

20,000

632,950

424,098

390,589

-

4,906,933

133,567,526

1,278,290,805

55,441

-

55,441 -

Rupees

4

Improvements to Accounting Standards Issued by the IASB in September 2014

IFRS 5 - Non-current Assets Held for Sale and Discontinued Operations - Changes in methods of disposalIFRS 7 - Financial Instruments: Disclosures - Servicing contracts IFRS 7 - Financial Instruments: Disclosures - Applicability of the offsetting disclosures to condensedinterim financial statementsIAS 19 - Employee Benefits - Discount rate: regional market issue IAS 34 - Interim Financial Reporting - Disclosure of information 'elsewhere in the interim financial report’The adoption of the above amendments and interpretation did not have any significant impact on thiscondensed interim financial statements.

ACCOUNTING ESTIMATES AND JUDGEMENTS

The preparation of this interim condensed financial information in conformity with the approved accounting standards requires the use of certain critical accounting estimates. It also requires the management to exercise its judgment in the process of applying the Company's accounting policies. Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. During preparation of this interim condensed financial information, the significant judgments made by the management in applying the Company’s accounting policies and the key sources of estimation and uncertainty were the same as those that applied in the preceding audited annual published financial statements of the Company for the year ended June 30, 2016.

6 ISSUED, SUBSCRIBED AND PAID UP SHARE CAPITAL

Un-audited Audited

March 31, June 30, March 31, June 30,2017 2016 2017 2016

98,000,000 48,000,000 980,000,000 480,000,000

2,000,000 2,000,000 20,000,000 20,000,000

100,000,000 50,000,000 1,000,000,000 500,000,000

7 LONG TERM FINANCINGDiminishing Musharakah facility

Syndicate financing from Islamic Banks / windows 559,365,651 596,656,695

Non Banking Finance Company 7,154,283 10,334,703

566,519,934 606,991,398

Less: Current portion taken as current liability (153,404,732) (78,822,646)

413,115,202 528,168,752

8. CONTINGENCIES AND COMMITMENTS

8.1 Contingencies

8.2 Commitments

8.2.1

8.2.2

Ordinary shares of Rupees 10 each fully paid in

cash

Ordinary shares of Rupees 10 each issued for

consideration other than cash

There are no material changes in contingencies as disclosed in the note to the financial statements for the year ended June 30, 2017.

Commitment in respect of letter of credit amounted to Rupees 107.86 million (June 2016: Rupees 143.49 million).

(NUMBER OF SHARES) Rupees

Commitment for construction of building as at balance sheet date amounted to Rupees 91.9 million (June 2016 : Rupees 8 million)

9 EARNING PER SHARE - BASIC AND DILUTED

There is no dilutive effect on the basic earnings per share.

10 CASH GENERATED FROM/ (USED IN) OPERATIONS

Loss before taxation

Depreciation on Property, plant and equipment

Finance cost

Gain on disposal of Property, plant and equipment

Working capital changes (Note 10.1)

Adjustments for

(74,990,745) (10,043,003)

70,798,817 2,311,749

50,000,202 2,724,352

(8,059)

-

(228,500,292) (162,388,756)

(182,700,077) (167,395,658)

March 31, March 31,2017 2016

Rupees

(Un-Audited)Nine Months Ended



11,300,0001,950,000

35,575,429

1,983,714321,035,638

Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (i.e. as prices)

or indirectly (i.e .drive from prices). The Company has no items to report in this level.

There were no changes in valuation techniques during the period. The carrying values of all financial assets and liabilities reflected in this condensed interim financial information is approximate at their fair values.

11 RELATED PARTY TRANSACTIONSTransaction with related parties and associated undertakings are as follows:

March 31, March 31,2017 2016

Name

Associated companies / undertaking

Associated Companies 9,000,000

1,950,000

23,442,582

450,000,000

4,360,939

(190,000,000)

12 FAIR VALUE ESTIMATION

Information about fair value hierarchy and assets classified under the hierarchy is as follows:

IFRS - 13 requires fair value measurement disclosures using following three levels fair value hierarchy that reflects the significance of the

inputs used in measuring fair value of financial instruments.

- Level 1: Quoted prices (unadjusted) in active market for identical assets or liabilities. The Company has no items to report in this level.

- Level 2:

- Level 3: Inputs for asset or liability that are not based on observable market data (unobservable inputs).

Sponsor Loan received / (repaid)

Investment


Nature of transaction Rupees

Services Guarantee Charges

Purchases

Provident fund Contribution

-

10.1 Working capital changesCash flows generated from/(used in) working capital changes

(Increase) / decrease in current assets:Stores and spares

Stock in tradeTrade debts

Balance with statutory authoritiesLoans and advances

Trade deposits and short term prepaymentsOther receivables

Increase/(decrease) in current liabilitiesTrade and other payables

March 31, March 31,2017 2016

Rupees


(21,241,973)

(10,896,924)

(143,771,611)

(107,105,064)

(32,004,933)

(17,179,347)

(25,754,472)

(37,482,856)

(4,942,663)

8,566,446

(42,510,666)

10,652,900

(70,989)

51,697 (270,297,307)

(153,393,148)

41,797,015 (8,995,608)

(228,500,292) (162,388,756)

13 DATE OF AUTHORIZATION FOR ISSUE

14 GENERAL

14.1

14.2

14.3

This condensed interim financial information was approved by the Board of Directors of the Company and authorized for issue on April 28, 2017.

Corresponding figures have been rearranged or reclassified, wherever necessary, for the purpose of comparison.

In order to comply with the requirements of International Accounting Standard 34 - 'Interim Financial Reporting', corresponding figures in the condensed

interim balance sheet comprise of balances as per the annual audited financial statements of the Company for the year ended June 30, 2016 and the

corresponding figures in the condensed interim profit and loss account, condensed interim cash flow statement, condensed interim statement of other

comprehensive income and condensed interim statement of changes in equity comprise of balances of comparable period as per the condensed interim

financial information of the Company for the period ended March 31, 2016.

Figures have been rounded off to the nearest rupees, unless otherwise stated.




Documents

CORPORATE INFORMATION - Ghani Global LDA Flats, Lawrence Road, LHR Tel: 042-36375531, 36375339 Fax: 042-36312550 BANKERS Al Baraka Bank (Pakistan) Limited ... Ghani Global Glass is