Dewan Sugar Mills Limited reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was PKR 470.55 million compared to PKR 1,673.36 million a year ago. Net loss was PKR 169.98 million compared to PKR 165.45 million a year ago. Basic loss per share from continuing operations was PKR 1.86 compared to PKR 1.81 a year ago.
For the nine months, sales was PKR 5,357.17 million compared to PKR 7,349.99 million a year ago. Net loss was PKR 783.09 million compared to PKR 597.09 million a year ago. Basic loss per share from continuing operations was PKR 8.56 compared to PKR 6.52 a year ago.