Sazgar Engineering Works 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 7,902.87 million compared to PKR 2,859.89 million a year ago. Net income was PKR 444.63 million compared to PKR 24.85 million a year ago. Basic earnings per share from continuing operations was PKR 7.36 compared to PKR 0.41 a year ago.
For the nine months, sales was PKR 12,593.02 million compared to PKR 7,073.23 million a year ago. Net income was PKR 523.75 million compared to PKR 118 million a year ago. Basic earnings per share from continuing operations was PKR 8.66 compared to PKR 1.95 a year ago.