Chashma 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 6,046.91 million compared to PKR 8,747.65 million a year ago. Revenue was PKR 5,369.65 million compared to PKR 7,915.14 million a year ago. Net loss was PKR 501.04 million compared to net income of PKR 503.23 million a year ago. Basic loss per share from continuing operations was PKR 17.46 compared to basic earnings per share from continuing operations of PKR 17.34 a year ago.
For the six months, sales was PKR 14,891.09 million compared to PKR 12,561.59 million a year ago. Revenue was PKR 13,438.29 million compared to PKR 11,343.99 million a year ago. Net loss was PKR 98.81 million compared to net income of PKR 522.5 million a year ago. Basic loss per share from continuing operations was PKR 3.44 compared to basic earnings per share from continuing operations of PKR 17.91 a year ago.