Chashma 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 6,099.35 million compared to PKR 7,105.33 million a year ago. Revenue was PKR 5,496.85 million compared to PKR 6,313.62 million a year ago. Net loss was PKR 376.8 million compared to net income of PKR 8.02 million a year ago. Basic loss per share from continuing operations was PKR 13.1 compared to basic earnings per share from continuing operations of PKR 0.25 a year ago.
For the nine months, sales was PKR 18,660.94 million compared to PKR 15,065.43 million a year ago. Revenue was PKR 16,840.84 million compared to PKR 13,369.68 million a year ago. Net income was PKR 145.7 million compared to PKR 168.12 million a year ago. Basic earnings per share from continuing operations was PKR 4.81 compared to PKR 5.81 a year ago.