Agha Steel Industries Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 4,803.53 million compared to PKR 5,919.76 million a year ago. Revenue was PKR 4,091.58 million compared to PKR 5,059.33 million a year ago. Net loss was PKR 344.28 million compared to net income of PKR 248.82 million a year ago. Basic loss per share from continuing operations was PKR 0.57 compared to basic earnings per share from continuing operations of PKR 0.41 a year ago.
For the six months, sales was PKR 11,002.16 million compared to PKR 11,422.82 million a year ago. Revenue was PKR 9,344.66 million compared to PKR 9,763.09 million a year ago. Net loss was PKR 219.04 million compared to net income of PKR 402.15 million a year ago. Basic loss per share from continuing operations was PKR 0.36 compared to basic earnings per share from continuing operations of PKR 0.66 a year ago.