Cyan Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was PKR 128.35 million compared to PKR 40.21 million a year ago. Net income was PKR 99.41 million compared to PKR 9.22 million a year ago. Basic earnings per share from continuing operations was PKR 1.61 compared to PKR 0.15 a year ago.
For the nine months, revenue was PKR 268.04 million compared to negative revenue of PKR 222.1 million a year ago. Net income was PKR 204.28 million compared to net loss of PKR 292.15 million a year ago. Basic earnings per share from continuing operations was PKR 3.32 compared to basic loss per share from continuing operations of PKR 4.75 a year ago.