Altern Energy Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 3,136.99 million compared to PKR 224.79 million a year ago. Net income was PKR 1,138.94 million compared to net loss of PKR 290.33 million a year ago. Basic earnings per share from continuing operations was PKR 3.13 compared to basic loss per share from continuing operations of PKR 0.8 a year ago.
For the nine months, sales was PKR 9,516.7 million compared to PKR 8,952 million a year ago. Net income was PKR 3,010.66 million compared to PKR 1,034.57 million a year ago. Basic earnings per share from continuing operations was PKR 8.29 compared to PKR 2.85 a year ago.