Notes. Total liabilities 15,626,875,854 15,971,683,114 Total equity and liabilities 20,823,482,633 21,987,448,078

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1 Unaudited Statement of Financial Position (Balance Sheet) As at 31 December 2016 Notes 31-Dec Jun-16 Assets Non-current assets Property, plant and equipment 1 3,828,393,320 4,662,251,303 Investments 4,569,450 4,569,450 Deferred tax assets 2 1,952,599 4,255,618 Total non-current assets 3,834,915,369 4,671,076,371 Current assets Inventories 3 15,136,593,849 15,304,052,257 Advances, deposits and prepayments 4 1,447,902,088 1,636,941,375 Deposit with Bangladesh Bank 350,000, ,000,000 Cash and cash equivalents 5 54,071,327 25,378,075 Total current assets 16,988,567,264 17,316,371,707 Total assets 20,823,482,633 21,987,448,078 Equity and liabilities Equity Share capital 933,451, ,001,460 General reserve 274,500, ,500,000 Dividend equalisation reserve 145,000, ,000,000 Revaluation reserve 3,371,906,511 4,197,058,496 Retained earnings 471,748, ,205,008 Total equity 5,196,606,779 6,015,764,964 Liabilities Non-current liabilities Long term loan - secured 648,874, ,248,788 Sponsors' loan (interest-free) 202,500, ,500,000 Retirement benefit obligations (gratuity) 15,405,297 21,215,764 Finance lease obligation 3,539,933 6,956,543 Total non-current liabilities 870,319,608 1,028,921,095 Current liabilities Long term loan (secured) - current portion 313,360, ,360,857 Finance lease obligation - current portion 7,102,814 7,102,814 Bank overdraft 6 1,126,711,417 1,257,282,754 Advance received against allotment 10,806,735,246 10,290,372,407 Accounts payables 7 2,485,546,852 3,057,760,872 Provision for income tax 17,099,060 16,882,315 Total current liabilities 14,756,556,246 14,942,762,019 Total liabilities 15,626,875,854 15,971,683,114 Total equity and liabilities 20,823,482,633 21,987,448,078 Net asset value per share (NAV) Sd/- Sd/- Sd/- Sd/- Sd/- Company Secretary Chief Financial Officer Managing Director Director Chairman

2 Unaudited Statement of Profit or Loss and Other Comprehensive Income (Profit and Loss Statement) For the half year/ 2nd Quarter ended 31 December 2016 Notes For the Half Year For the 2nd Quarter Revenue 8 1,405,090,810 1,268,140, ,275, ,488,978 Cost of sales (933,420,848) (875,997,730) (397,924,013) (414,102,656) Gross profit 471,669, ,142, ,351, ,386,322 Other operating income 4,034,395 3,564, ,389 1,843,845 Administrative and selling expenses (135,364,275) (126,985,631) (68,970,198) (64,426,822) Operating profit 340,340, ,721, ,272, ,803,345 Finance income - 1,476,883-1,476,883 Finance expense (148,031,840) (138,408,318) (64,457,407) (76,307,295) Profit before tax 192,308, ,789,823 96,815,299 64,972,933 Current tax (50,661,204) (49,735,447) (27,162,287) (27,877,096) Deferred tax (2,303,019) (1,783,562) (423,722) (188,061) Income tax expense (52,964,223) (51,519,009) (27,586,009) (28,065,157) Profit after tax 139,344,019 80,270,814 69,229,290 36,907,776 Other comprehensive income Total comprehensive income 139,344,019 80,270,814 69,229,290 36,907,776 Earnings per share (EPS) Basic earnings per share Sd/- Sd/- Sd/- Sd/- Sd/- Company Secretary Chief Financial Managing Director Director Chairman Officer

3 Unaudited Statement of Changes in Equity For the half year ended 31 December 2016 Dividend Share General equalisation Revaluation Retained capital reserve reserve reserve earnings Total Half Year Opening Balance 846,668, ,500, ,000,000 4,197,058, ,322,367 5,950,548,923 Net profit after tax for the period ,270,814 80,270,814 Issue of bonus shares 42,333, (42,333,400) - Payment of dividend (127,000,210) (127,000,210) Closing Balance 889,001, ,500, ,000,000 4,197,058, ,259,571 5,903,819,527 Half Year Opening Balance 889,001, ,500, ,000,000 4,197,058, ,205,008 6,015,764,964 Net profit after tax for the period ,344, ,344,019 Issue of bonus shares 44,450, (44,450,070) - Payment of dividend (133,350,219) (133,350,219) Adjustment (825,151,985) - (825,151,985) Closing Balance 933,451, ,500, ,000,000 3,371,906, ,748,738 5,196,606,779 Note: As per decision of the Board an area of 2.49 bigha land of Banasree project has been transferred from non-current assets to inventory and the revaluation reserve against this land has been adjusted accordingly. Company Secretary Chief Financial Officer Managing Director Director Sd/- Sd/- Sd/- Sd/- Sd/- Chairman

4 Unaudited Statement of Cash Flows For the half year ended 31 December 2016 For the Half Year Cash flows from operating activities Cash received from customers and others 1,272,179,444 1,103,274,842 Cash paid to employees and suppliers (656,315,835) (1,328,016,102) Cash from/(used in) operating activities 615,863,609 (224,741,260) Income tax paid (50,444,459) (56,380,556) Net cash from/(used in) operating activities 565,419,150 (281,121,816) Cash flows from investing activities Acquisition of property, plant and equipment (11,573,249) (22,566,672) Interest received - 48,930 Dividend received - 1,427,953 Net cash from/(used in) investing activities (11,573,249) (21,089,789) Cash flows from financing activities Increase/ (decrease) in long term borrowings (149,374,410) 450,139,001 Increase/ (decrease) in short term borrowings (130,571,337) 23,517,452 Increase/ (decrease) in lease finance (3,416,610) 15,715,082 Interest paid (108,440,073) (71,465,224) Dividend paid (133,350,219) (127,000,210) Net cash from/(used in) financing activities (525,152,649) 290,906,101 Net increase in cash and cash equivalents 28,693,252 (11,305,504) Opening cash and cash equivalents 25,378,075 44,441,035 Closing cash and cash equivalents 54,071,327 33,135,531 Net operating cash flow per share (NOCFPS) 6.06 (3.01) Sd/- Sd/- Sd/- Sd/- Sd/- Company Chief Financial Managing Director Chairman Secretary Officer Director

5 Notes to unaudited financial statements As at 31 December Property, plant and equipment Cost/Revaluation 31-Dec Jun-16 Opening balance 4,805,851,791 4,876,299,289 Addition during the period 11,573,249 36,178,348 Disposal/adjustment during the period (836,976,000) (106,625,846) Closing balance 3,980,449,040 4,805,851,791 Depreciation Opening balance 143,600, ,599,549 Charge for the Period 8,455,232 16,509,233 Disposal/adjustment during the Period - (62,508,294) Closing balance 152,055, ,600,488 Net book value 3,828,393,320 4,662,251, Deferred tax assets Opening balance 4,255,618 5,531,086 Deferred tax income / (expense) (2,303,019) (1,275,468) Closing balance 1,952,599 4,255, Inventories Undeveloped land 2,821,292,537 2,706,515,394 Work in progress 6,466,740,865 6,613,621,273 Developed inventory 5,829,509,447 5,964,059,590 Construction materials 19,051,000 19,856,000 15,136,593,849 15,304,052, Advances, deposits and prepayments Advance against: - Land purchase 697,041, ,371,794 - Supply/material purchase 226,473, ,493,345 - Income tax 202,188, ,188,500 - Work done 300,834, ,275,216 - Salary and wages 1,440, ,780 Deposits against utility services 19,923,340 21,686,740 1,447,902,088 1,636,941, Cash and cash equivalents Cash in hand 11,964,663 6,801,263 Cash at bank 42,106,664 18,576,812 54,071,327 25,378, Bank overdraft Dhaka Bank Ltd 7,863,925 63,141,544 Standard Bank Ltd 338,675, ,974,576 NRB Commercial Bank Ltd 172, ,634 Al-Arafah Islami Bank Ltd 780,000, ,000,000 1,126,711,417 1,257,282,754

6 Notes to unaudited financial statements As at 31 December Accounts payables 31-Dec Jun-16 Payable against: - Expense 28,982,715 31,096,693 - Supply/material purchase 11,576,634 14,206,072 - Land purchase 2,084,739,778 2,729,698,378 - Construction work done 12,237,012 9,653,359 - Other liabilities 293,593, ,748,942 - Unclaimed dividend 54,417,178 41,357,428 2,485,546,852 3,057,760,872 For the Half Year For the 2nd Quarter Revenue Land 624,484, ,516, ,880, ,465,917 Apartment 780,606, ,623, ,394, ,023,061 1,405,090,810 1,268,140, ,275, ,488,978

ORION PHARMA LIMITED AND ITS SUBSIDIARIES FINANCIAL STATEMENTS (UNAUDITED) FOR THE PERIOD ENDED 31 MARCH 2018 (THIRD QUARTER)

ORION PHARMA LIMITED AND ITS SUBSIDIARIES FINANCIAL STATEMENTS (UNAUDITED) FOR THE PERIOD ENDED 31 MARCH 2018 (THIRD QUARTER) AND ITS SUBSIDIARIES FINANCIAL STATEMENTS (UNAUDITED) FOR THE PERIOD ENDED 31 MARCH 2018 (THIRD QUARTER) AND ITS SUBSIDIARIES Consolidated Statement of Financial Position (Unaudited) As at 31 March, 2018