Pak Elektron Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PKR 12,410.94 million compared to PKR 14,665.71 million a year ago. Revenue was PKR 9,924.29 million compared to PKR 12,070.9 million a year ago. Net income was PKR 417.75 million compared to PKR 353.8 million a year ago. Basic earnings per share from continuing operations was PKR 0.48 compared to PKR 0.46 a year ago.
For the nine months, sales was PKR 38,154.61 million compared to PKR 54,179.62 million a year ago. Revenue was PKR 30,644.75 million compared to PKR 43,321.65 million a year ago. Net income was PKR 946.34 million compared to PKR 1,498.6 million a year ago. Basic earnings per share from continuing operations was PKR 1.07 compared to PKR 1.98 a year ago.