Sakrand Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was PKR 1,512.65 million compared to PKR 1,335.29 million a year ago. Net income was PKR 56.88 million compared to PKR 26.78 million a year ago. Basic earnings per share from continuing operations was PKR 1.27 compared to PKR 0.6 a year ago.
For the six months, sales was PKR 2,592.37 million compared to PKR 2,032.14 million a year ago. Net loss was PKR 82.13 million compared to PKR 98.67 million a year ago. Basic loss per share from continuing operations was PKR 1.84 compared to PKR 2.21 a year ago.