Cherat Packaging 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 3,632.48 million compared to PKR 4,040.53 million a year ago. Net income was PKR 71.99 million compared to PKR 42.45 million a year ago. Basic earnings per share from continuing operations was PKR 1.47 compared to PKR 0.86 a year ago.
For the six months, sales was PKR 7,456 million compared to PKR 7,843.34 million a year ago. Net income was PKR 210.01 million compared to PKR 204.46 million a year ago. Basic earnings per share from continuing operations was PKR 4.28 compared to PKR 4.16 a year ago.