Descon Oxychem 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 1,699.94 million compared to PKR 982.11 million a year ago. Net income was PKR 293.09 million compared to PKR 25.72 million a year ago. Basic earnings per share from continuing operations was PKR 1.67 compared to PKR 0.15 a year ago.
For the nine months, sales was PKR 5,182.65 million compared to PKR 2,907.12 million a year ago. Net income was PKR 1,300.9 million compared to PKR 286.23 million a year ago. Basic earnings per share from continuing operations was PKR 7.43 compared to PKR 1.64 a year ago.