Javedan Corporation Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported negative sales was PKR 4,095.15 million compared to sales of PKR 72.01 million a year ago. Net loss was PKR 3,269.22 million compared to PKR 176.8 million a year ago. Basic loss per share was PKR 8.58 compared to PKR 0.46 a year ago. Diluted loss per share was PKR 8.58 compared to PKR 0.46 a year ago.
For the six months, sales was PKR 2,582.94 million compared to PKR 254.56 million a year ago. Net income was PKR 880.27 million compared to net loss of PKR 285.41 million a year ago. Basic earnings per share was PKR 2.31 compared to basic loss per share of PKR 0.75 a year ago. Diluted earnings per share was PKR 2.31 compared to diluted loss per share of PKR 0.75 a year ago.