Al-Abbas Sugar Mills Limited reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was PKR 2,962.05 million compared to PKR 2,622.59 million a year ago. Net income was PKR 714.56 million compared to PKR 522.08 million a year ago. Basic earnings per share from continuing operations was PKR 41.16 compared to PKR 30.07 a year ago. Diluted earnings per share from continuing operations was PKR 41.16 compared to PKR 30.07 a year ago.
For the nine months, sales was PKR 9,394.07 million compared to PKR 6,462.43 million a year ago. Net income was PKR 2,607.56 million compared to PKR 1,003.27 million a year ago. Basic earnings per share from continuing operations was PKR 150.18 compared to PKR 57.78 a year ago. Diluted earnings per share from continuing operations was PKR 150.18 compared to PKR 57.78 a year ago.