Philip Morris (Pakistan) Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PKR 5,821.88 million compared to PKR 5,345.22 million a year ago. Net income was PKR 379.34 million compared to PKR 1,149.83 million a year ago.

Basic earnings per share from continuing operations was PKR 6.16 compared to PKR 18.67 a year ago. Diluted earnings per share from continuing operations was PKR 4.59 compared to PKR 15.03 a year ago.