Haseeb Waqas Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported net loss was PKR 126.79 million compared to net income of PKR 80.23 million a year ago. Basic loss per share from continuing operations was PKR 3.91 compared to basic earnings per share from continuing operations of PKR 2.48 a year ago.
For the six months, net loss was PKR 199.78 million compared to net income of PKR 5.11 million a year ago. Basic loss per share from continuing operations was PKR 6.17 compared to basic earnings per share from continuing operations of PKR 0.16 a year ago.