The Premier Sugar Mills & Distillery Company Limited reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was PKR 5,104.52 million compared to PKR 3,596.37 million a year ago. Revenue was PKR 4,421.08 million compared to PKR 3,166.53 million a year ago. Net income was PKR 4.08 million compared to net loss of PKR 136.65 million a year ago. Basic earnings per share from continuing operations was PKR 1.09 compared to basic loss per share from continuing operations of PKR 36.44 a year ago.
For the six months, sales was PKR 8,225.51 million compared to PKR 6,556.2 million a year ago. Revenue was PKR 7,315.82 million compared to PKR 5,899.75 million a year ago. Net loss was PKR 53.13 million compared to PKR 203.29 million a year ago. Basic loss per share from continuing operations was PKR 14.17 compared to PKR 54.21 a year ago.