Al-Abbas 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 3,958.13 million compared to PKR 1,456.76 million a year ago. Net income was PKR 1,425.18 million compared to PKR 249.07 million a year ago. Basic earnings per share from continuing operations was PKR 82.08 compared to PKR 14.35 a year ago.
For the six months, sales was PKR 6,432.02 million compared to PKR 3,839.84 million a year ago. Net income was PKR 1,893 million compared to PKR 481.19 million a year ago. Basic earnings per share from continuing operations was PKR 109.03 compared to PKR 27.71 a year ago.