Javedan Corporation 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 1,144.4 million compared to negative sales of PKR 4,095.15 million a year ago. Net income was PKR 468 million compared to net loss of PKR 3,269.22 million a year ago. Basic earnings per share from continuing operations was PKR 1.23. Diluted earnings per share from continuing operations was PKR 1.23. Basic earnings per share was PKR 1.23 compared to basic loss per share of PKR 8.58 a year ago. Diluted earnings per share was PKR 1.23 compared to diluted loss per share of PKR 8.58 a year ago.
For the six months, sales was PKR 1,815.9 million compared to PKR 2,582.94 million a year ago. Net income was PKR 754.89 million compared to PKR 880.27 million a year ago. Basic earnings per share from continuing operations was PKR 1.98. Diluted earnings per share from continuing operations was PKR 1.98. Basic earnings per share was PKR 1.98 compared to PKR 2.31 a year ago. Diluted earnings per share was PKR 1.98 compared to PKR 2.31 a year ago.