⏸️ HINOON: HOLD Signal (6/10) – Financial Results for the Quarter Ended September 30, 2025

📌 Key Takeaways

• 💰 Revenue increased by 9.84% to PKR 6,903.75 million for the three months ended September 30, 2025, compared to PKR 6,285.30 million in the corresponding period of 2024.
• 📈 Gross profit increased by 18.30% to PKR 3,771.96 million for the three months ended September 30, 2025, compared to PKR 3,188.04 million in the corresponding period of 2024.
• 💼 Profit from operations increased by 14.98% to PKR 1,165.31 million for the three months ended September 30, 2025, compared to PKR 1,014.16 million in the corresponding period of 2024.
• 💸 Profit before income tax and final tax increased by 13.17% to PKR 1,218.40 million for the three months ended September 30, 2025, compared to PKR 1,076.27 million in the corresponding period of 2024.
• ✅ Earnings per share (basic and diluted) increased to PKR 13.79 for the three months ended September 30, 2025, compared to PKR 14.90 in the corresponding period of 2024.
• 📊 For the nine months ended September 30, 2025, revenue from contracts with customers- net increased to PKR 20,303.54 million from PKR 18,323.93 million in 2024.
• 💹 Gross profit for the nine months ended September 30, 2025, increased to PKR 11,198.36 million from PKR 9,165.28 million in 2024.
• 📉 Profit from operations for the nine months ended September 30, 2025, increased to PKR 4,015.25 million from PKR 3,224.86 million in 2024.
• ✔️ Profit after tax for the nine months ended September 30, 2025, increased to PKR 2,680.55 million from PKR 2,395.86 million in 2024.
• 🧾 The company has authorized share capital of PKR 1,000,000,000 with issued, subscribed, and paid up share capital reserves of PKR 529,833,630.
• 🏢 Total equity increased to PKR 12,356.35 million as of September 30, 2025, compared to PKR 11,795.13 million as of December 31, 2024.
• 🏦 Total assets increased to PKR 18,054.41 million as of September 30, 2025, compared to PKR 17,230.96 million as of December 31, 2024.
• 🚫 No cash dividend, bonus shares, or right shares were recommended by the Board of Directors for this quarter.

🎯 Investment Thesis

HOLD. Highnoon Laboratories shows positive financial performance with increased revenue and profit. However, the absence of dividends and potential market risks suggest a cautious approach. A HOLD recommendation is appropriate until further information on the company’s future plans and market conditions is available.