Allied Rental Modaraba reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 1,327.73 million compared to PKR 1,237.96 million a year ago. Revenue was PKR 1,379.46 million compared to PKR 1,285.56 million a year ago. Net income was PKR 109.02 million compared to PKR 188.14 million a year ago. Basic earnings per share from continuing operations was PKR 0.5 compared to PKR 0.86 a year ago.
For the six months, sales was PKR 2,598.72 million compared to PKR 2,441.97 million a year ago. Revenue was PKR 2,694.97 million compared to PKR 2,534.77 million a year ago. Net income was PKR 286.87 million compared to PKR 338.33 million a year ago. Basic earnings per share from continuing operations was PKR 1.3 compared to PKR 1.54 a year ago.