Engro Polymer and Chemicals Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PKR 19,044.03 million compared to PKR 22,277.06 million a year ago. Net income was PKR 1,561.75 million compared to PKR 2,338.17 million a year ago. Basic earnings per share from continuing operations was PKR 1.39 compared to PKR 2.45 a year ago. Diluted earnings per share from continuing operations was PKR 1.29 compared to PKR 1.93 a year ago.
For the six months, sales was PKR 37,022.36 million compared to PKR 45,403.93 million a year ago. Net income was PKR 2,745.09 million compared to PKR 7,051.76 million a year ago. Basic earnings per share from continuing operations was PKR 2.69 compared to PKR 7.55 a year ago. Diluted earnings per share from continuing operations was PKR 2.27 compared to PKR 5.83 a year ago.