Security Papers Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 1,083.71 million compared to PKR 1,332.83 million a year ago. Net income was PKR 94.84 million compared to PKR 331.42 million a year ago. Basic earnings per share from continuing operations was PKR 1.6 compared to PKR 5.59 a year ago.
For the nine months, sales was PKR 3,616.02 million compared to PKR 3,935.41 million a year ago. Net income was PKR 431.06 million compared to PKR 895.57 million a year ago. Basic earnings per share from continuing operations was PKR 7.27 compared to PKR 15.11 a year ago.