Pioneer Cement Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 11,869.94 million compared to PKR 12,503.26 million a year ago. Revenue was PKR 8,550.08 million compared to PKR 9,149.86 million a year ago. Net income was PKR 1,202.34 million compared to PKR 949.96 million a year ago. Basic earnings per share from continuing operations was PKR 5.29 compared to PKR 4.18 a year ago.
For the nine months, sales was PKR 37,967.41 million compared to PKR 37,585.02 million a year ago. Revenue was PKR 27,374.93 million compared to PKR 27,796.07 million a year ago. Net income was PKR 3,828.1 million compared to PKR 2,711.23 million a year ago. Basic earnings per share from continuing operations was PKR 16.85 compared to PKR 11.94 a year ago.