Shahmurad Sugar Mills Limited reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was PKR 4,893.9 million compared to PKR 5,508.57 million a year ago. Net income was PKR 522.62 million compared to PKR 820.78 million a year ago. Basic earnings per share from continuing operations was PKR 24.75 compared to PKR 38.86 a year ago.
For the nine months, sales was PKR 14,472.02 million compared to PKR 12,421.89 million a year ago. Net income was PKR 2,419.14 million compared to PKR 1,276.29 million a year ago. Basic earnings per share from continuing operations was PKR 114.55 compared to PKR 60.43 a year ago.