Crescent Steel and Allied Products 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 1,398.24 million compared to PKR 1,394.86 million a year ago. Revenue was PKR 1,210.81 million compared to PKR 1,191.73 million a year ago. Net income was PKR 210.09 million compared to PKR 16.24 million a year ago. Basic earnings per share from continuing operations was PKR 2.71 compared to PKR 0.21 a year ago.
For the six months, sales was PKR 2,575.02 million compared to PKR 3,091.03 million a year ago. Revenue was PKR 2,216.48 million compared to PKR 2,640.7 million a year ago. Net loss was PKR 10.4 million compared to PKR 133.17 million a year ago. Basic loss per share from continuing operations was PKR 0.13 compared to PKR 1.72 a year ago.