First Tri-Star 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 0.093 million compared to PKR 4.97 million a year ago. Net loss was PKR 8.9 million compared to PKR 3.45 million a year ago. Basic loss per share from continuing operations was PKR 0.44 compared to PKR 0.16 a year ago.
For the six months, sales was PKR 15.88 million compared to PKR 20.17 million a year ago. Net income was PKR 1.15 million compared to PKR 4.45 million a year ago. Basic earnings per share from continuing operations was PKR 0.05 compared to PKR 0.21 a year ago.