PIONEER TUY TUY CEMENT LTD. SE April 29, 2020 The General Manager Pakistan Stock Exchange Limited Stock Exchange Building, Stock Exchange Road, Karachi. Dear Sir, 32° QUARTERLY FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31, 2020 We have to inform you that the Board of Directors of the Company in their meeting held at Lahore on April 29, 2020 recommended the following: (i) CASH DIVIDEND Nil (ii) BONUS ISSUE > Nil. (ii RIGHT SHARES : Nil (iv) ANY OTHER ENTITLEMENT/ CORPORATE ACTION 2 Nil (v) ANY OTHER PRICE SENSITIVE INFORMATION 2 Nil. The financial resuits of the Company are attached. The Quarterly Report of the Company for the Period Ended March 31, 2020 will be transmitted through PUCARS separately within the stipulated time. Yours singereyy, ‘o ABDUQW AHAB Company Steretary Encl: As above.PIONEER CEMENT LIMITED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE NINE-MONTH PERIOD ENDED MARCH 31, 2020 Nis jonth ended Quarter ended March 31.2020 March 31.2019 March 312020 March 31 2019 Note sree RUPBES OD are Revenue from contracts with customers - gross Cement - Local 9,986,259, 10,438,407 327,401 3386,712 Cement - Export 62,078 336,982 14,932 102.476 Clinker - Export 5.430 : 4.196, 70,048,357 10,781,778 SHAS 363,384 Less: Sales Tax (1702377) [—_(.685.835)| (629,048) (8772) Federal Excise duty (2,266,768) | (1,512,037) (752,162) (484.386) Commission (60,594) (28.587) (21,036) (@.603) Discount and rebate (45,714) {60,708)| (14,956) (18,707) (4.075, 380 Sz05.147) 317,207) 7067.43) Revenue from contracts with customers - net 5972,948, 7,488,531 1,825,221 2.431948 Cost of sales 16 (6,031,184) (6.728.831) (1,928,474) (1,851,490) Gross (loss) / profit a) 758700 08 5) SCA Distribution cost (235,508) (132.978) (73.878) (48.389) Administrative expenses (81,070) (83,608) (23,819) (26,809) Other expenses (86,558) (160,732) (88,354) (13,688) Other income 47,049 44072 (113,941) 25,734 56,084) 33285) (287,982) er254) Operating (loss) / profit ay ass moray Ta Finance cost (285,136) (287,588) (62,875) (118,194) (Loss) / profit before taxation (679,456) «137.889 «—~SC«ABAT20) —~S*~«ST OD Toxation 156,257 (12,775) 72.580 (102,875) (Loss) / profit after taxation a, ese a) ess (Loss) / earnings per share - basic and diluted (Rs.) 2.30) 363 (1.84 431 ‘The annexed notes from 1 to 20 form an integral part of these condensed interim financial statements, CHIEF FINANCIAL OFFICER ‘CHIEF EXECUTIVE OFFICER ‘CHAIRMAN