Sanghar Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was PKR 420.87 million compared to PKR 761.38 million a year ago. Net loss was PKR 71.01 million compared to PKR 1.19 million a year ago. Basic loss per share from continuing operations was PKR 5.95 compared to PKR 0.1 a year ago.
For the six months, sales was PKR 1,523.23 million compared to PKR 2,379.99 million a year ago. Net loss was PKR 138.07 million compared to net income of PKR 80.81 million a year ago. Basic loss per share from continuing operations was PKR 11.56 compared to basic earnings per share from continuing operations of PKR 6.76 a year ago.