Pakistan State Oil Company Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 874,551.04 million compared to PKR 529,193.81 million a year ago. Net loss was PKR 2,928.81 million compared to net income of PKR 20,314.47 million a year ago. Basic loss per share from continuing operations was PKR 6.24 compared to basic earnings per share from continuing operations of PKR 43.27 a year ago.
For the six months, sales was PKR 1,775,218.33 million compared to PKR 998,774.43 million a year ago. Net loss was PKR 1,183.98 million compared to net income of PKR 32,018.38 million a year ago. Basic loss per share from continuing operations was PKR 2.52 compared to basic earnings per share from continuing operations of PKR 68.2 a year ago.