Dewan Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was PKR 3,283.03 million compared to PKR 4,502.16 million a year ago. Net loss was PKR 498.42 million compared to PKR 156.64 million a year ago. Basic loss per share from continuing operations was PKR 5.45 compared to PKR 1.71 a year ago.
For the six months, sales was PKR 4,886.62 million compared to PKR 5,676.63 million a year ago. Net loss was PKR 613.11 million compared to PKR 431.64 million a year ago. Basic loss per share from continuing operations was PKR 6.7 compared to PKR 4.72 a year ago.