Ghandhara Tyre and Rubber Company 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 5,047.71 million compared to PKR 3,971.59 million a year ago. Net income was PKR 89.71 million compared to PKR 22.09 million a year ago. Basic earnings per share from continuing operations was PKR 0.74 compared to PKR 0.18 a year ago.
For the six months, sales was PKR 9,889.94 million compared to PKR 7,169.46 million a year ago. Net income was PKR 151.38 million compared to PKR 40.07 million a year ago. Basic earnings per share from continuing operations was PKR 1.24 compared to PKR 0.33 a year ago.