Bolan Castings 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 1,005.58 million compared to PKR 455.75 million a year ago. Net income was PKR 103.58 million compared to net loss of PKR 44.03 million a year ago. Basic earnings per share from continuing operations was PKR 9.03 compared to basic loss per share from continuing operations of PKR 3.84 a year ago.
For the six months, sales was PKR 1,658.05 million compared to PKR 930.21 million a year ago. Net income was PKR 115.79 million compared to net loss of PKR 65.97 million a year ago. Basic earnings per share from continuing operations was PKR 10.09 compared to basic loss per share from continuing operations of PKR 5.75 a year ago.