Security Papers Limited reported unaudited earnings results for the second quarter and six months ended December 31, 2012. For the quarter, the company reported net sales of PKR 547,071,000 as compared to PKR 421,754,000 in the corresponding period of preceding year. Other operating income was PKR 50,227,000 compared to PKR 57,030,000 a year ago. Profit before taxation was PKR 149,517,000 compared to PKR 116,916,000 for the corresponding period of preceding year. Profit after taxation was PKR 100,926,000 or PKR 2.45 per share compared to profit after taxation of PKR 71,050,000 or PKR 1.73 per share a year ago.

For the six months, the company reported net sales of PKR 1,004,468,000 as compared to PKR 849,756,000 a year ago. Other operating income was PKR 101,149,000 compared to PKR 120,956,000 a year ago. Profit before taxation was PKR 265,974,000 compared to PKR 250,775,000 for the corresponding period of preceding year. Profit after taxation was PKR 177,391,000 or PKR 4.31 per share compared to profit after taxation of PKR 158,850,000 or PKR 3.86 per share a year ago.