Amreli Steels 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 11,359.91 million compared to PKR 13,211.02 million a year ago. Net loss was PKR 461.56 million compared to PKR 388.81 million a year ago. Basic loss per share from continuing operations was PKR 0.55 compared to PKR 1.31 a year ago.
For the six months, sales was PKR 22,251.02 million compared to PKR 23,030.88 million a year ago. Net loss was PKR 634.34 million compared to PKR 184.74 million a year ago. Basic loss per share from continuing operations was PKR 2.14 compared to PKR 0.62 a year ago.