Sitara Chemical Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 28, 2024 at 11:10 pm EST
Sitara Chemical Industries 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 7,330.95 million compared to PKR 6,769.5 million a year ago. Net income was PKR 170.15 million compared to PKR 259.01 million a year ago. Basic earnings per share from continuing operations was PKR 7.94 compared to PKR 12.09 a year ago.
For the six months, sales was PKR 14,944.17 million compared to PKR 11,968.35 million a year ago. Net income was PKR 371.87 million compared to PKR 87.9 million a year ago. Basic earnings per share from continuing operations was PKR 17.35 compared to PKR 4.1 a year ago.