First Imrooz Modaraba reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 257.03 million compared to PKR 481.97 million a year ago. Net income was PKR 29.54 million compared to PKR 37.78 million a year ago. Basic earnings per share from continuing operations was PKR 9.85 compared to PKR 12.59 a year ago.
For the six months, sales was PKR 608.84 million compared to PKR 704.62 million a year ago. Net income was PKR 53.37 million compared to net loss of PKR 1.38 million a year ago. Basic earnings per share from continuing operations was PKR 17.79 compared to basic loss per share from continuing operations of PKR 0.46 a year ago.