First Treet Manufacturing Modaraba reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 984.57 million compared to PKR 996.58 million a year ago. Net income was PKR 43.19 million compared to net loss of PKR 86.8 million a year ago. Basic earnings per share was PKR 0.05 compared to basic loss per share of PKR 0.1 a year ago.
For the six months, sales was PKR 2,212.91 million compared to PKR 1,934.34 million a year ago. Net income was PKR 156.48 million compared to net loss of PKR 199.28 million a year ago. Basic earnings per share was PKR 0.18 compared to basic loss per share of PKR 0.23 a year ago.