Tariq Corporation 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 2,696.89 million compared to PKR 2,600.72 million a year ago. Revenue was PKR 2,404.42 million compared to PKR 2,278.92 million a year ago. Net loss was PKR 16.55 million compared to net income of PKR 45.73 million a year ago. Basic loss per share from continuing operations was PKR 0.31 compared to basic earnings per share from continuing operations of PKR 0.86 a year ago.
For the six months, sales was PKR 4,644.5 million compared to PKR 5,001.81 million a year ago. Revenue was PKR 4,102.01 million compared to PKR 4,356.01 million a year ago. Net income was PKR 8.32 million compared to PKR 120.34 million a year ago. Basic earnings per share from continuing operations was PKR 0.16 compared to PKR 2.27 a year ago.