Noon Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was PKR 2,317.75 million compared to PKR 3,070.71 million a year ago. Net income was PKR 49.63 million compared to PKR 121.22 million a year ago. Basic earnings per share from continuing operations was PKR 3 compared to PKR 7.34 a year ago.
For the six months, sales was PKR 3,580.51 million compared to PKR 5,078.58 million a year ago. Net income was PKR 133.78 million compared to PKR 186.79 million a year ago. Basic earnings per share from continuing operations was PKR 8.1 compared to PKR 11.31 a year ago.