Pakistan Hotels Developers Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 246.3 million compared to PKR 210.61 million a year ago. Revenue was PKR 220.96 million compared to PKR 186.36 million a year ago. Net income was PKR 70.45 million compared to PKR 38.02 million a year ago. Basic earnings per share from continuing operations was PKR 3.91 compared to PKR 2.11 a year ago.
For the six months, sales was PKR 439.25 million compared to PKR 343.43 million a year ago. Revenue was PKR 388.69 million compared to PKR 303.89 million a year ago. Net income was PKR 87.3 million compared to PKR 30.1 million a year ago. Basic earnings per share from continuing operations was PKR 4.85 compared to PKR 1.67 a year ago.