International Steels Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 20,531.84 million compared to PKR 17,381.77 million a year ago. Net income was PKR 1,235.5 million compared to net loss of PKR 387.59 million a year ago. Basic earnings per share from continuing operations was PKR 2.84 compared to basic loss per share from continuing operations of PKR 0.89 a year ago.
For the six months, sales was PKR 39,739.07 million compared to PKR 33,925.88 million a year ago. Net income was PKR 2,352.57 million compared to PKR 60.87 million a year ago. Basic earnings per share from continuing operations was PKR 5.41 compared to PKR 0.14 a year ago.