Shezan International 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 1,816.2 million compared to PKR 2,288.8 million a year ago. Net loss was PKR 201.06 million compared to net income of PKR 75.31 million a year ago. Basic loss per share from continuing operations was PKR 20.81 compared to basic earnings per share from continuing operations of PKR 7.79 a year ago.
For the nine months, sales was PKR 5,321.05 million compared to PKR 6,394.48 million a year ago. Net loss was PKR 433.58 million compared to net income of PKR 85.77 million a year ago. Basic loss per share from continuing operations was PKR 44.87 compared to basic earnings per share from continuing operations of PKR 8.88 a year ago.