Azgard Nine Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 8,187.1 million compared to PKR 6,468.42 million a year ago. Net income was PKR 76.8 million compared to net loss of PKR 274.62 million a year ago. Basic earnings per share from continuing operations was PKR 0.16 compared to basic loss per share from continuing operations of PKR 0.56 a year ago.
For the six months, sales was PKR 16,925.39 million compared to PKR 14,449.18 million a year ago. Net income was PKR 296.64 million compared to net loss of PKR 49 million a year ago. Basic earnings per share from continuing operations was PKR 0.6 compared to basic loss per share from continuing operations of PKR 0.1 a year ago.