Punjab Oil Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 3,390.91 million compared to PKR 2,305.76 million a year ago. Net income was PKR 141.12 million compared to PKR 61.05 million a year ago. Basic earnings per share from continuing operations was PKR 20.3917 compared to PKR 7.8681 a year ago.
For the nine months, sales was PKR 7,900.32 million compared to PKR 6,513.45 million a year ago. Net income was PKR 112.54 million compared to PKR 72.19 million a year ago. Basic earnings per share from continuing operations was PKR 16.2667 compared to PKR 9.2986 a year ago.