International Steels Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 23,898.39 million compared to PKR 27,262.92 million a year ago. Net income was PKR 1,515.93 million compared to PKR 1,131.55 million a year ago. Basic earnings per share from continuing operations was PKR 3.48 compared to PKR 2.6 a year ago.
For the nine months, sales was PKR 57,824.27 million compared to PKR 70,557.39 million a year ago. Net income was PKR 1,576.8 million compared to PKR 5,355.21 million a year ago. Basic earnings per share from continuing operations was PKR 3.62 compared to PKR 12.31 a year ago.