First Imrooz Modaraba reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 481.97 million compared to PKR 527.28 million a year ago. Net income was PKR 37.19 million compared to PKR 50.05 million a year ago. Basic earnings per share from continuing operations was PKR 12.4 compared to PKR 16.68 a year ago.
For the six months, sales was PKR 704.62 million compared to PKR 741.78 million a year ago. Net loss was PKR 1.38 million compared to net income of PKR 50.35 million a year ago. Basic loss per share from continuing operations was PKR 0.46 compared to basic earnings per share from continuing operations of PKR 16.78 a year ago.