Shahtaj Sugar Mills Limited reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was PKR 1,960.03 million compared to PKR 1,825.43 million a year ago. Net income was PKR 114.64 million compared to net loss of PKR 37.06 million a year ago. Basic earnings per share from continuing operations was PKR 9.54 compared to basic loss per share from continuing operations of PKR 3.09 a year ago.
For the nine months, sales was PKR 7,681.72 million compared to PKR 5,456.07 million a year ago. Net income was PKR 201.55 million compared to PKR 111.05 million a year ago. Basic earnings per share from continuing operations was PKR 16.78 compared to PKR 9.25 a year ago.