Engro Polymer and Chemicals Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PKR 16,904.43 million compared to PKR 18,826.72 million a year ago. Net income was PKR 2,257.25 million compared to PKR 3,106.51 million a year ago. Basic earnings per share from continuing operations was PKR 2.36 compared to PKR 3.24 a year ago. Diluted earnings per share from continuing operations was PKR 1.87 compared to PKR 2.57 a year ago.
For the nine months, sales was PKR 62,308.36 million compared to PKR 49,322.81 million a year ago. Net income was PKR 9,309.01 million compared to PKR 10,371.85 million a year ago. Basic earnings per share from continuing operations was PKR 10.03 compared to PKR 11.22 a year ago. Diluted earnings per share from continuing operations was PKR 7.7 compared to PKR 8.58 a year ago.