Habib Rice Products Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 769.94 million compared to PKR 639.15 million a year ago. Net loss was PKR 71.53 million compared to net income of PKR 84.18 million a year ago. Basic loss per share from continuing operations was PKR 1.79 compared to basic earnings per share from continuing operations of PKR 2.1 a year ago.
For the six months, sales was PKR 395.75 million compared to PKR 1,172.87 million a year ago. Net loss was PKR 98 million compared to net income of PKR 123.07 million a year ago. Basic loss per share from continuing operations was PKR 2.45 compared to basic earnings per share from continuing operations of PKR 3.08 a year ago.