Mehran Sugar Mills Limited reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was PKR 3,835.31 million compared to PKR 2,195.35 million a year ago. Revenue was PKR 3,326.29 million compared to PKR 1,875.09 million a year ago. Net income was PKR 648.77 million compared to PKR 85.8 million a year ago. Basic earnings per share from continuing operations was PKR 8.66 compared to PKR 1.16 a year ago.
For the nine months, sales was PKR 7,406.8 million compared to PKR 4,786.59 million a year ago. Revenue was PKR 6,497.37 million compared to PKR 4,194.57 million a year ago. Net income was PKR 1,045.77 million compared to PKR 259.42 million a year ago. Basic earnings per share from continuing operations was PKR 13.96 compared to PKR 3.49 a year ago.