Shahtaj Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was PKR 3,890.23 million compared to PKR 2,067.29 million a year ago. Net income was PKR 44.73 million compared to PKR 40.78 million a year ago. Basic earnings per share from continuing operations was PKR 3.72 compared to PKR 3.4 a year ago.
For the six months, sales was PKR 5,721.69 million compared to PKR 3,630.64 million a year ago. Net income was PKR 86.92 million compared to PKR 148.11 million a year ago. Basic earnings per share from continuing operations was PKR 7.24 compared to PKR 12.33 a year ago.