Al-Noor Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was PKR 3,156.97 million compared to PKR 2,166.22 million a year ago. Net loss was PKR 367.02 million compared to net income of PKR 181.14 million a year ago. Basic loss per share from continuing operations was PKR 17.93 compared to basic earnings per share from continuing operations of PKR 8.85 a year ago.
For the six months, sales was PKR 9,235.94 million compared to PKR 6,273.72 million a year ago. Net income was PKR 103.88 million compared to net loss of PKR 86.37 million a year ago. Basic earnings per share from continuing operations was PKR 5.07 compared to basic loss per share from continuing operations of PKR 4.22 a year ago.